Topic
trade map
From Oman to Tanzania: How the Iran War Is Redrawing India's Trade Map
The Iran conflict and Strait of Hormuz disruptions are redrawing India's trade map. Oman jumped from 30th to 10th import source (imports up 3.8x to $3.4 billion), while Tanzania became the 8th-largest export destination (up from 25th, shipments rising to $2.2 billion). Commerce Secretary Rajesh Agrawal cited free trade agreements and alternative port access as key enablers.
How West Asia Conflict Reshapes India's Trade Map: Oman Surges, UAE Slips
India's trade map has been transformed by the West Asia conflict. In April-May 2026, Oman surged from the 30th to the 10th largest import source, while the UAE slipped to fourth place. Singapore overtook China and the Netherlands to become India's third largest export destination. The blockade of the Strait of Hormuz has made Oman a transit gateway, supported by a new free trade agreement.