European Union | Imports and Exports | World | Olive Oil | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" from European Union totalled $ 4.12 billion in 2023. Sales of commodity group 1509 from European Union went up by 9.81% compared to 2022: exports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" went up by $ 368 million (cumulative exports of commodity group 1509 from European Union amounted $3.75 billion in 2022)
Exports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" amounted to 0.149% of total exports from European Union (cumulative merchandise exports from European Union totalled $ 2.76 trillion in 2023). The share of commodity group 1509 in total exports from European Union decreased by 0 p.p. compared to 2022 (it was 0.15% in 2022 and cumulative exports from European Union were equal to $ 2.5 trillion).
Exports of commodity group 1509 amounted to 36% of total sales of group "" from European Union in 2023 (the value of exports of commodity group from European Union amounted to $11.2 billion in 2023). The share of exports of commodity group 1509 in sales of commodity group from European Union lowered by 0.94 p.p. compared to 2022 (it was 37% in 2022, and exports of commodity group from European Union were $10 billion).
Where does European Union export Olive oil and its fractions, whether or not refined, but not chemically modified?
Top export destinations of "Olive oil and its fractions, whether or not refined, but not chemically modified" from European Union in 2023:
- USA with a share of 36% (1.52 billion US$)
- Brazil with a share of 12.5% (518 million US$)
- United Kingdom with a share of 9.69% (400 million US$)
- Japan with a share of 6.07% (250 million US$)
- Canada with a share of 3.82% (157 million US$)
- Mexico with a share of 2.98% (123 million US$)
- Australia with a share of 2.96% (122 million US$)
- Switzerland with a share of 2.92% (120 million US$)
- Korea with a share of 2.22% (91 million US$)
- China with a share of 2.18% (90 million US$)
Exports structure of 1509 - Olive oil and its fractions, whether or not refined, but not chemically modified - from European Union in 2023 represented by the following main commodity groups:
- 24% (999 million US$): 150990 - Olive oil (excl. crude & virgin) & fractions thereof , whether or not ref. but not chemically modified
The value of imports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" to European Union totalled $ 1 billion in 2023. Sales of commodity group 1509 to European Union went up by 73% compared to 2022: imports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" went up by $ 425 million (the value of imports of commodity group 1509 to European Union was equal to $575 million in 2022)
Imports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" accounted for 0.036% of total import flow to European Union (in 2023, total imports to European Union amounted to $ 2.71 trillion). The share of commodity group 1509 in total imports to European Union increased by 0.017 p.p. compared to 2022 (it was 0.019% in 2022 and cumulative imports to European Union were equal to $ 3.02 trillion).
Imports of commodity group 1509 reached 6.32% of total imports of group "" to European Union in 2023 (imports of commodity group to European Union totalled $15.8 billion in 2023). The share of purchases of commodity group 1509 in total imports of commodity group to European Union increased by 3.47 p.p. compared to 2022 (it was 2.84% in 2022, and imports of commodity group to European Union accounted for $20 billion).
Where does European Union import Olive oil and its fractions, whether or not refined, but not chemically modified from?
Top trading partners (import of "Olive oil and its fractions, whether or not refined, but not chemically modified") of European Union in 2023:
- Tunisia with a share of 57% (571 million US$)
- Turkey with a share of 15.4% (154 million US$)
- Argentina with a share of 6.16% (61 million US$)
- Syrian Arab Republic with a share of 6.08% (60 million US$)
- Chile with a share of 3.66% (36 million US$)
- Morocco with a share of 3.04% (30 million US$)
- Albania with a share of 2.51% (25 million US$)
- Egypt with a share of 1.95% (19.6 million US$)
- Peru with a share of 1.39% (13.9 million US$)
- United Kingdom - 7.74 million US$
Imports structure of 1509 - Olive oil and its fractions, whether or not refined, but not chemically modified - to European Union in 2023 represented by the following main commodity groups:
- 6% (60 million US$): 150990 - Olive oil (excl. crude & virgin) & fractions thereof , whether or not ref. but not chemically modified
