Portugal | Imports and Exports | World | Olive Oil | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
| Commodity | Reporter | Partner | Trade flow | Indicator | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| 1509. Olive oil and its fractions, whether or not refined, but not chemically modified | Portugal | World | Exports | Value (US$) | 338,261,536.00 | 452,729,569.00 | 495,481,752.00 | 481,517,627.40 | 455,636,042.06 | 567,644,412.28 | 755,848,870.14 | 612,532,812.89 | 646,935,906.94 | 829,836,134.49 | 983,475,465.60 | 1,153,451,138.50 |
| Value Growth, YoY (%) | 12.81 | 33.84 | 9.44 | -2.81 | -5.37 | 24.58 | 33.15 | -18.96 | 5.61 | 28.27 | 18.51 | 17.28 | ||||
| Imports | Value (US$) | 254,872,942.00 | 377,301,107.00 | 312,121,396.00 | 346,281,825.32 | 306,969,330.17 | 399,137,772.07 | 425,468,289.36 | 325,733,325.81 | 341,114,504.17 | 434,923,154.47 | 436,498,743.23 | 549,716,520.92 | |||
| Value Growth, YoY (%) | 11.31 | 48.03 | -17.27 | 10.94 | -11.35 | 30.02 | 6.59 | -23.44 | 4.72 | 27.50 | 0.36 | 25.93 |
The value of exports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" from Portugal totalled $ 1.15 billion in 2023. Sales of commodity group 1509 from Portugal went up by 17.2% compared to 2022: exports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" went up by $ 169 million (cumulative exports of commodity group 1509 from Portugal amounted $983 million in 2022)
Exports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" amounted to 1.37% of total exports from Portugal (cumulative merchandise exports from Portugal totalled $ 83 billion in 2023). The share of commodity group 1509 in total exports from Portugal increased by 0.183 p.p. compared to 2022 (it was 1.19% in 2022 and cumulative exports from Portugal were equal to $ 82 billion).
Exports of commodity group 1509 amounted to 67% of total sales of group "" from Portugal in 2023 (the value of exports of commodity group from Portugal amounted to $1.7 billion in 2023). The share of exports of commodity group 1509 in sales of commodity group from Portugal increased by 6 p.p. compared to 2022 (it was 61% in 2022, and exports of commodity group from Portugal were $1.59 billion).
Where does Portugal export Olive oil and its fractions, whether or not refined, but not chemically modified?
Top export destinations of "Olive oil and its fractions, whether or not refined, but not chemically modified" from Portugal in 2023:
- Spain with a share of 48% (558 million US$)
- Brazil with a share of 33% (381 million US$)
- Italy with a share of 9.81% (113 million US$)
- France with a share of 1.95% (22 million US$)
- USA with a share of 1.67% (19.3 million US$)
- Poland with a share of 1.12% (12.9 million US$)
- Angola - 6.75 million US$
- Cabo Verde - 5.07 million US$
- Germany - 4.88 million US$
- Switzerland - 4.71 million US$
Exports structure of 1509 - Olive oil and its fractions, whether or not refined, but not chemically modified - from Portugal in 2023 represented by the following main commodity groups:
- 13.7% (158 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 Portugal totalled $ 549 million in 2023. Sales of commodity group 1509 to Portugal went up by 25% compared to 2022: imports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" went up by $ 113 million (the value of imports of commodity group 1509 to Portugal was equal to $436 million in 2022)
Imports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" accounted for 0.484% of total import flow to Portugal (in 2023, total imports to Portugal amounted to $ 113 billion). The share of commodity group 1509 in total imports to Portugal increased by 0.105 p.p. compared to 2022 (it was 0.378% in 2022 and cumulative imports to Portugal were equal to $ 115 billion).
Imports of commodity group 1509 reached 42% of total imports of group "" to Portugal in 2023 (imports of commodity group to Portugal totalled $1.28 billion in 2023). The share of purchases of commodity group 1509 in total imports of commodity group to Portugal increased by 5.94 p.p. compared to 2022 (it was 37% in 2022, and imports of commodity group to Portugal accounted for $1.17 billion).
Where does Portugal import Olive oil and its fractions, whether or not refined, but not chemically modified from?
Top trading partners (import of "Olive oil and its fractions, whether or not refined, but not chemically modified") of Portugal in 2023:
- Spain with a share of 91% (504 million US$)
- Argentina with a share of 2.46% (13.5 million US$)
- Tunisia with a share of 1.45% (8 million US$)
- Chile with a share of 1.44% (7.93 million US$)
- France with a share of 1.11% (6.14 million US$)
- Italy - 4.69 million US$
- Greece - 2.07 million US$
- Turkey - 1.47 million US$
- Egypt - 755 thousand US$
- Brazil - 389 thousand US$
Imports structure of 1509 - Olive oil and its fractions, whether or not refined, but not chemically modified - to Portugal in 2023 represented by the following main commodity groups:
- 19.8% (109 million US$): 150990 - Olive oil (excl. crude & virgin) & fractions thereof , whether or not ref. but not chemically modified
