Italy | 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 Italy totalled $ 2.2 billion in 2023. Sales of commodity group 1509 from Italy went up by 17.7% compared to 2022: exports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" went up by $ 332 million (cumulative exports of commodity group 1509 from Italy amounted $1.87 billion in 2022)
Exports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" amounted to 0.325% of total exports from Italy (cumulative merchandise exports from Italy totalled $ 677 billion in 2023). The share of commodity group 1509 in total exports from Italy increased by 0.041 p.p. compared to 2022 (it was 0.283% in 2022 and cumulative exports from Italy were equal to $ 659 billion).
Exports of commodity group 1509 amounted to 58% of total sales of group "" from Italy in 2023 (the value of exports of commodity group from Italy amounted to $3.76 billion in 2023). The share of exports of commodity group 1509 in sales of commodity group from Italy increased by 7.43 p.p. compared to 2022 (it was 51% in 2022, and exports of commodity group from Italy were $3.66 billion).
Where does Italy export Olive oil and its fractions, whether or not refined, but not chemically modified?
Top export destinations of "Olive oil and its fractions, whether or not refined, but not chemically modified" from Italy in 2023:
- USA with a share of 32% (720 million US$)
- Germany with a share of 12.1% (268 million US$)
- France with a share of 7.27% (160 million US$)
- Spain with a share of 4.73% (104 million US$)
- Japan with a share of 4.7% (103 million US$)
- Canada with a share of 4.65% (102 million US$)
- United Kingdom with a share of 4.4% (97 million US$)
- Switzerland with a share of 3.06% (67 million US$)
- Brazil with a share of 1.64% (36 million US$)
- Netherlands with a share of 1.56% (34 million US$)
Exports structure of 1509 - Olive oil and its fractions, whether or not refined, but not chemically modified - from Italy in 2023 represented by the following main commodity groups:
- 14.3% (316 million US$): 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 Italy totalled $ 2.57 billion in 2023. Sales of commodity group 1509 to Italy went up by 13.9% compared to 2022: imports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" went up by $ 314 million (the value of imports of commodity group 1509 to Italy was equal to $2.25 billion in 2022)
Imports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" accounted for 0.401% of total import flow to Italy (in 2023, total imports to Italy amounted to $ 639 billion). The share of commodity group 1509 in total imports to Italy increased by 0.077 p.p. compared to 2022 (it was 0.324% in 2022 and cumulative imports to Italy were equal to $ 695 billion).
Imports of commodity group 1509 reached 42% of total imports of group "" to Italy in 2023 (imports of commodity group to Italy totalled $6.09 billion in 2023). The share of purchases of commodity group 1509 in total imports of commodity group to Italy increased by 7.47 p.p. compared to 2022 (it was 34% in 2022, and imports of commodity group to Italy accounted for $6.49 billion).
Where does Italy import Olive oil and its fractions, whether or not refined, but not chemically modified from?
Top trading partners (import of "Olive oil and its fractions, whether or not refined, but not chemically modified") of Italy in 2023:
- Spain with a share of 44% (1.13 billion US$)
- Greece with a share of 34% (896 million US$)
- Tunisia with a share of 10.9% (282 million US$)
- Portugal with a share of 4.6% (118 million US$)
- Turkey with a share of 1.82% (46 million US$)
- Syrian Arab Republic with a share of 1.17% (30 million US$)
- Albania - 24 million US$
- Chile - 9.84 million US$
- France - 9.53 million US$
- Argentina - 7.8 million US$
Imports structure of 1509 - Olive oil and its fractions, whether or not refined, but not chemically modified - to Italy in 2023 represented by the following main commodity groups:
- 9.29% (239 million US$): 150990 - Olive oil (excl. crude & virgin) & fractions thereof , whether or not ref. but not chemically modified
