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Import of formed or finished iron or non-alloy steel bar and rod of free cutting steel to Oman falls in 2016

United Nations Statistical Office published that compared with one year earlier the variable fell sharply by 59.23%. It hit its 17-year low as metal products import greatly diminished from 667 256 US Dollar to 272 044 US Dollar, as it follows the tendency of the prior year when it declined by 81.3%. Oman saw a drop of 51.1% in metal products import over the past 17 years. Likewise, it has attained a decrease at a 0.18% compound annual growth rate over the last five years with a negligible overall decline since the 2000. It averaged 983 021.35 US Dollar from 2000 to 2016 and it reached its maximum of 3 567 305 US Dollar in 2014.

Import of formed or finished iron or non-alloy steel bar and rod of free cutting steel to Oman falls in 2016
Date US Dollar Variation
2016 272 044.00 -59.23
2015 667 256.00 -81.3
2014 3 567 305.00 813.74
2013 390 406.00 -45.19
2012 712 244.00 69.33
2011 420 636.00 47.71
2010 284 773.00 -75.53
2009 1 163 863.00 92.62
2008 604 216.00 15.53
2007 523 012.00 -20.64

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