Iceland | 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 Iceland totalled $ 25 thousand in 2023. Sales of commodity group 1509 from Iceland went up by 1.92% compared to 2022: exports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" went up by $ 480 (cumulative exports of commodity group 1509 from Iceland amounted $24 thousand in 2022)
Exports of commodity group 1509 amounted to 0.01% of total sales of group "" from Iceland in 2023 (the value of exports of commodity group from Iceland amounted to $234 million in 2023). The share of exports of commodity group 1509 in sales of commodity group from Iceland lowered by 0 p.p. compared to 2022 (it was 0.01% in 2022, and exports of commodity group from Iceland were $231 million).
Where does Iceland export Olive oil and its fractions, whether or not refined, but not chemically modified?
Top export destinations of "Olive oil and its fractions, whether or not refined, but not chemically modified" from Iceland in 2023:
- Spain with a share of 98% (25 thousand US$)
- Greenland with a share of 1.04% (266 US$)
Exports structure of 1509 - Olive oil and its fractions, whether or not refined, but not chemically modified - from Iceland in 2023 represented by the following main commodity groups:
- 98% (25 thousand US$): 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 Iceland totalled $ 6.15 million in 2023. Sales of commodity group 1509 to Iceland went up by 40% compared to 2022: imports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" went up by $ 1.76 million (the value of imports of commodity group 1509 to Iceland was equal to $4.39 million in 2022)
Imports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" accounted for 0.064% of total import flow to Iceland (in 2023, total imports to Iceland amounted to $ 9.47 billion). The share of commodity group 1509 in total imports to Iceland increased by 0.019 p.p. compared to 2022 (it was 0.045% in 2022 and cumulative imports to Iceland were equal to $ 9.64 billion).
Imports of commodity group 1509 reached 7.41% of total imports of group "" to Iceland in 2023 (imports of commodity group to Iceland totalled $82 million in 2023). The share of purchases of commodity group 1509 in imports of commodity group to Iceland went down by 0.89 p.p. compared to 2022 (it was 8.3% in 2022, and imports of commodity group to Iceland accounted for $52 million).
Imports of commodity group 1509 reached 99 percent of total imports of group "" to Iceland in 2023 (imports of commodity group to Iceland totalled 6.15 million USD in 2023). The share of purchases of commodity group 1509 in imports of commodity group to Iceland went down by 0 p.p. compared to 2022 (it was 100 percent in 2022, and imports of commodity group to Iceland accounted for 4.39 million USD).
Where does Iceland import Olive oil and its fractions, whether or not refined, but not chemically modified from?
Top trading partners (import of "Olive oil and its fractions, whether or not refined, but not chemically modified") of Iceland in 2023:
- Italy with a share of 49% (3.01 million US$)
- Spain with a share of 38% (2.38 million US$)
- Cyprus with a share of 8.48% (521 thousand US$)
- France with a share of 1.13% (70 thousand US$)
- United Kingdom - 53 thousand US$
- Greece - 32 thousand US$
- Germany - 19.2 thousand US$
- Netherlands - 12.3 thousand US$
- USA - 9.66 thousand US$
- Denmark - 8.03 thousand US$
Imports structure of 1509 - Olive oil and its fractions, whether or not refined, but not chemically modified - to Iceland in 2023 represented by the following main commodity groups:
- 64% (3.97 million US$): 150990 - Olive oil (excl. crude & virgin) & fractions thereof , whether or not ref. but not chemically modified
