Oman Trade Tour – May 2024

Tour Objectives and Approach
With the aim of exploring export development opportunities, understanding Oman’s consumer market, and evaluating the country’s industrial and commercial capacities, a specialized trade tour to Oman was organized with participation from economic activists, industrialists, and business owners. The program, centered on field visits, specialized meetings, and B2B sessions, provided a suitable platform for direct engagement with Oman’s real business environment

Visit to Oman International Exhibition Center
The first step included a visit to the Oman International Exhibition Center in Muscat. During this visit, participants familiarized themselves with Oman’s exhibition structures and examined the country’s trade connections with regional and international markets, particularly Africa and South Asia. Analyzing the consumer market and identifying competitive advantages for Iranian products were key takeaways from this segment

Market Sales Analysis and Consumer Needs Assessment
Participants then visited wholesale and retail markets in Muscat to closely examine pricing, consumer behavior, existing competitors, and market needs in Oman. These visits provided practical information for making more precise decisions regarding the entry of Iranian goods and services into this market

Industrial Estate Visits and Meetings with Government Officials
One of the most important parts of the program was visiting the Mada’in and Khazaen industrial estates and holding an official meeting with their CEOs. During this session, Oman’s government incentives and support for foreign investment, exports, imports, and industrial land ownership by foreigners were reviewed. Key points discussed included business setup conditions, tax exemptions, and ease of company registration procedures

Private Meetings with Omani Merchants
A private meeting was also held with a group of Omani traders and merchants, creating an opportunity for exchanging views, presenting the capacities of Iranian industries, and initiating preliminary negotiations for direct trade cooperation between the two countries

Housing, Automotive, and Infrastructure Project Reviews
At the end of the program, visits were made to ongoing residential projects, as well as the automobile and spare parts market in Oman, providing deeper insights into consumption patterns, market needs, and economic trends in construction and the automotive industry

Benefits of Participating in the Tour
This tour provided a professional platform for economic activists looking to expand export markets, relocate businesses to a country with economic stability, and benefit from a duty-free free trade zone. The insights gained from this trip will play a significant role in formulating strategies for entering Oman’s market and other Gulf countries