TEHRAN, Iran, Oct.12
Trend:
Iran's trade ties with Oman are expanding, the head of Iran-Oman Joint Chamber of Commerce Mohsen Zarrabi told Trend in an interview.
Iran exports to Oman reached $177 million over the first four months of current Iranian year (started March 21,2021) with 48.7 percent growth compared to same period last year (started March 20,2020), he noted.
Furthermore, the bilateral trade of these two countries is forecast to reach $1.1 billion by the end of current year.
Zarrabi noted that the bilateral steps taken by the two countries in 2020 when most borders were closed due to the COVID-19 pandemic showed the value of ties.
Talking the dynamics of bilateral trade, Zarrabi noted that the trade volume between the two countries was $221 million in 2013 and showed an upward trend increasing to $1.1 billion in 2018.
Furthermore, Iran's exports to Oman increased from $146 million in 2013 to $728 million in 2017.