Commodity | Reporter | Partner | Trade flow | Indicator | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
1509. Olive oil and its fractions, whether or not refined, but not chemically modified | European Union | World | Exports | Value (US$) | 2,157,562,794.00 | 2,386,538,947.66 | 2,632,642,470.20 | 2,316,133,774.30 | 2,767,609,588.44 | 2,974,516,075.10 | 2,967,205,189.29 | 2,724,174,308.14 | 3,145,114,584.58 | 3,494,909,113.53 | 3,757,815,197.41 | 4,126,613,489.52 |
Value Growth, YoY (%) | 1.77 | 10.61 | 10.31 | -12.02 | 19.49 | 7.47 | -0.24 | -8.19 | 15.45 | 11.12 | 7.52 | 9.81 | ||||
Imports | Value (US$) | 262,082,180.00 | 500,033,205.03 | 176,566,161.60 | 782,393,851.79 | 371,848,914.04 | 403,994,858.38 | 658,356,787.22 | 398,987,473.30 | 583,639,760.26 | 489,888,006.88 | 575,689,607.55 | 1,000,807,103.73 | |||
Value Growth, YoY (%) | 18.70 | 90.79 | -64.68 | 343.11 | -52.47 | 8.64 | 62.96 | -39.39 | 46.28 | -16.06 | 17.51 | 73.84 |
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).
Top export destinations of "Olive oil and its fractions, whether or not refined, but not chemically modified" from European Union in 2023:
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).
Top trading partners (import of "Olive oil and its fractions, whether or not refined, but not chemically modified") of European Union in 2023: