IFP Exclusive

Iran-Oman trade sets new record high of roughly $1.34bn

The volume of trade between Iran and Oman has registered a record high of $1.336 billion for the year ending March, 2022.

Figures pertaining to Iran-Oman trade in the one-year period shows a 53-percent rise year on year, according to the Iran-Oman Joint Chamber of Commerce on Thursday.

Iran’s exports to Oman stood at $438million in the year to March 2021, but the figure rose to $716 million two years later, said the Iranian co-chair of the chamber of commerce.

“That means a 63-percent growth in Iran’s exports to Oman compared to the previous year,” he added.

The official underlines that the upswing in Tehran-Muscat trade was due to increasing support for the private sector.

IFP Editorial Staff

The IFP Editorial Staff is composed of dozens of skilled journalists, news-writers, and analysts whose works are edited and published by experienced editors specialized in Iran News. The editor of each IFP Service is responsible for the report published by the Iran Front Page (IFP) news website, and can be contacted through the ways mentioned in the "IFP Editorial Staff" section.

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