Wednesday 05 / November / 2025
Muscat: The Ministry of Commerce, Industry, and Investment Promotion, represented by Invest Oman, has concluded an official visit to the Federative Republic of Brazil as part of ongoing efforts to enhance economic and investment cooperation between the Sultanate of Oman and Brazil, and to explore new avenues for partnership across priority sectors for both nations.
During the visit, the delegation organized the Advantage Oman Business Dialogue and held a series of productive meetings with key Brazilian entities, including the Arab Brazilian Chamber of Commerce. The visit also featured bilateral engagements with several leading Brazilian companies in the fields of mining, logistics, manufacturing, agriculture, and renewable energy. These meetings served to showcase Oman’s diverse investment opportunities and to highlight the economic advantages and infrastructure that position the Sultanate as a strategic regional hub for business and investment.
The delegation also conducted a field visit to the iron ore mines of Vale, one of the world’s largest mining corporations, to learn about the company’s industrial practices and modern sustainability technologies. Discussions focused on potential cooperation in mining and metals, as well as on the exchange of technical expertise and knowledge.
Commenting on the visit, Ola Al Suleimaniya, from the Market Targeting Team at Invest Oman, stated that this mission aligns with Oman’s broader economic direction to strengthen international investment cooperation and diversify global partnerships, in line with the objectives of Oman Vision 2040. She emphasized that the initiative supports Oman’s ambition to build a competitive and sustainable economy, diversify national income sources, empower the private sector, and attract high-value, quality investments that contribute to long-term growth.
Brazil is recognized as one of the world’s leading emerging economies, with exports totaling USD 337 billion and imports reaching USD 263 billion in 2024, according to recent economic reports. China and the United States remain Brazil’s top trading partners, while its trade relations with the Gulf Cooperation Council (GCC) countries have witnessed strong growth, with exports to the GCC reaching USD 10.7 billion in 2024.
Bilateral trade between the Sultanate of Oman and Brazil has also seen steady progress. Brazilian exports to Oman increased by 16%, reaching OMR 547 million, while imports from Oman amounted to OMR 28.8 million. Metals—particularly iron—constitute the largest share of trade between the two nations. At the same time, there is growing potential for collaboration in agri-food industries, industrial manufacturing, energy, and logistics.
During the visit, the Invest Oman team showcased a range of investment opportunities across Oman’s special economic zones and free zones—particularly in Duqm, Sohar, and Salalah—which serve as strategic platforms for Brazilian investors in logistics, storage, agri-processing, and clean energy. The team emphasized Oman’s unique geographic position, connecting Asian, African, and Arab markets, as a key enabler for regional and global expansion.
