The most profitable export goods and their conditions of export from Iran to Oman

Oman has had good commercial and political relations with Iran for a long time. Therefore, exporting to Oman is welcomed by most of the Iranian traders. In spite of this issue, the trade route with Oman, like other neighboring countries, has many slopes in the current situation, from which complete information should be obtained.
Although the country of Oman has good political relations and away from tension with all the countries of the world, therefore there is a good market for exporting goods to Oman. In order to export to Oman, you must be familiar with the conditions for exporting goods to this country, the customs laws of Oman and other laws that have been developed in this field. Otherwise, it will not be possible for you to trade with Oman. If you are among the people who want to start exporting to Oman, you should get to know the best and most profitable Iranian goods that are exported to Oman. Stay with us until the end of this article.

Export to Oman from beginning to end

Oman has good access to open waters from all directions. The presence of a large number of cargo loading ports and the provision of import and export infrastructure in this country has made Oman one of the trade hubs in the region. Today, many businessmen of Persian Gulf countries are engaged in exporting to Oman and earn a lot of profit in this way.
Oman’s economy is mostly based on agricultural industries, minerals and also the profitable fishing industry. This has happened while most of the regions of Oman have a dry and desert climate! Of course, oil export also has a significant impact on the revenue generation of the government of this country. Based on this, Omani businessmen intend to import agricultural and mineral products into the country.

As we mentioned, Oman has many commercial ports and cargo ships. Therefore, it seems that the most important factor in exporting to Oman is having a direct shipping line to the waters of this country and maritime trade. Countries like the UAE and Saudi Arabia have a good geographical position in relation to Oman and have prepared a good plan for exporting goods to Oman by sea. Therefore, these two countries, along with China, export the most goods to Oman. Unfortunately, Iran has not created a suitable platform in this regard, and most Iranian companies and businessmen fail in front of foreign competitors when exporting to Oman.

The competition in exporting to Oman is so intense that some Iranian businessmen do business with Oman using and mediation by businessmen of different countries. For example, the Iranian side first exports its goods to the UAE, and through that, the goods are exported to Oman. Of course, this process will bring its own problems. However, exporting to Oman brings a lot of profit for traders who are willing to take the trouble of doing this.

Terms and features of trade with Oman

In order to export to Oman, first of all, you should familiarize yourself with the trade rules between Iran and Oman, as well as the trade process with Oman. It is also very important to be familiar with the customs laws of Oman so that you can go through the process of exporting to this country legally and in the shortest possible time.
As you know, a comprehensive cooperation document has been drawn up between the two countries of Oman and Iran, and after that, business and commercial relations between the two countries have started properly. Therefore, exporting to Oman is considered a golden opportunity for Iranian businessmen and business companies so that they can be on the right path to generate income. In the following, we will examine the conditions mentioned in the commercial cooperation document between the two countries, which makes the trade of various goods easier.

Trade agreement for exports to Oman from Iran
Merchant Shipping Agreement
The agreement to encourage and support Iranian export investments
International agreement on the establishment of an international corridor for the transit of commodity and passengers
Agreement to avoid additional tax and agreement on export tariff
Cooperation agreement on commercial air transportation

Countries that export commodity to Oman

In general, the countries on the edge of the Persian Gulf have the most trade and commerce in the region. Oman is no exception to this rule and has long-term trade agreements with many neighboring countries and even European and American countries. It is interesting to know that the total import value of Oman in the last few years was nearly 30 billion dollars, which made this country rank 65th in the world as the largest importer of various goods.
According to the reliable statistics provided by the World Trade Organization (WTC), the UAE has exported the most to Oman in recent years. So that 31.4% of goods export to Oman happened through United Arab Emirates. After this country, Japan, Great Britain and China are in the next ranks by providing 6.86, 6.74 and 6.39% of Oman’s imports, respectively.
Of course, China and the United States of America have been the main trading partners of Oman since last year, and the percentage of exports to Oman through these countries is increasing day by day. Italy and Saudi Arabia also export many goods to Oman.
If we want to check the largest exports of goods to Oman by continent, after the continent of Asia, Europe, North America and South America are in the next ranks. Despite Oman’s neighborhood with Iran, our country has placed 2.8% of Oman’s imported goods after the mentioned countries; We hope that in the coming years, with the provision of suitable platforms, this amount will increase and the businessmen and government of Iran will gain good profits through trade with Oman. Taking advantage of import and export consulting services to Oman provided by reputable centers can solve this problem to a large extent.

The most important export items of Iran to Oman

In addition to the dryness of Oman’s climate, which is one of the limitations of agriculture in this country, Oman is not very advanced in terms of industry. Therefore, Oman will need to look at industrial products and machinery from other countries to meet its needs. In this regard, most of the goods imported to Oman are steel industries and electrical and mechanical equipment. Also, audio and visual devices along with necessary accessories, coal and other fossil fuels, organic chemicals, plastic products, precious and expensive stones and metals, along with various furniture and handicrafts, are among the items that are imported to Oman more than other goods. . Export of food and export of dry fruits have the highest value and profitability for different countries.
Exports to Oman through Iran are increasing day by day. In the following, we introduce the most important items that are exported to Oman through Iran.

The list of goods exported to Oman

These items are the needs of the Oman market and are mainly exported from Iran

Auxiliary equipment for all kinds of cars, such as engine oil
Raisin export to Oman
Beans
Food industries
Animal corn
Exporting various fruits and vegetables such as watermelon, kiwi, lemon, date, grape, melon and potato
All kinds of nuts and dried fruit exports
Exporting carpets to Oman
Feed barley
Household water purifier and related accessories
Iron and steel
Candy export to Oman
Television
High carbon ferromanganese
Supexol tablets
Building Materials

Currency payment and customs rules in Oman

Please note that exporting to Oman is possible if the Iranian company or other exporting countries have been officially registered in this country. Even the goods that need to extend the export and after-sales service, must receive a customs clearance certificate from Oman lawyers. Usually, different customs tariff rates are considered for different goods. On average, this rate is 5.5% for all goods; So that 4.7% for agricultural goods and 10.6% for non-agricultural goods are considered as customs tariff rates. The importance of exporting to Oman through agricultural products is also seen in determining the rate, which is considered separately for these products. In most days of the year, Oman does not have a good agricultural and planting situation, so it will need to supply its agricultural products and food from other countries.
It is interesting to know that in Oman, there is no supervision of currency trading. In other words, currency entry and exit from Oman is free under any conditions within the legal framework. The Central Bank of Oman, due to various reasons, is not very strict in the field of foreign currency exchange to this country. This issue, in addition to the lack of strictness in Oman’s customs laws, has made exports to Oman more popular for many foreign countries and companies. The use of trade and commerce consulting with Oman, along with continuous follow-up and information about the market needs of this country, makes the exporters to achieve rich profits through trade with Oman in a short period of time.

Advantages of exporting to Oman

The most important feature that has made exports to Oman attractive for different countries is the political and economic stability of this country. Oman has established good trade relations with almost all the countries of the region and the world and is considered a safe area for the export of various goods and investment in various sectors. It is an interesting point that the ranking of creating new businesses in Oman is 48 in the world and this country is higher than countries like Turkey, Kuwait and Pakistan. On the other hand, the inflation rate is stable in this country and it has a balanced market.
In addition to generating income through the export of goods to Oman, this country is a route for exports to countries that do not have a good relationship with Iran from a political point of view. Unlike other neighboring countries, registering a company in Oman’s free zones is much easier and does not cause much trouble for Iranians; So that in the free zones of Oman, it is possible to register a company with 100% foreign shares.