Serbia | 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 Serbia totalled $ 317 thousand in 2023. Sales of commodity group 1509 from Serbia went up by 313% compared to 2022: exports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" went up by $ 241 thousand (cumulative exports of commodity group 1509 from Serbia amounted $76 thousand in 2022)
Exports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" amounted to 0.001% of total exports from Serbia (cumulative merchandise exports from Serbia totalled $ 30 billion in 2023). The share of commodity group 1509 in total exports from Serbia decreased by 0 p.p. compared to 2022 (it was 0% in 2022 and cumulative exports from Serbia were equal to $ 29 billion).
Exports of commodity group 1509 amounted to 0.103% of total sales of group "" from Serbia in 2023 (the value of exports of commodity group from Serbia amounted to $306 million in 2023). The share of exports of commodity group 1509 in sales of commodity group from Serbia increased by 0.08 p.p. compared to 2022 (it was 0.023% in 2022, and exports of commodity group from Serbia were $328 million).
Where does Serbia export Olive oil and its fractions, whether or not refined, but not chemically modified?
Top export destinations of "Olive oil and its fractions, whether or not refined, but not chemically modified" from Serbia in 2023:
- Montenegro with a share of 50% (159 thousand US$)
- Russia with a share of 11.3% (36 thousand US$)
- Bosnia and Herzegovina with a share of 8.04% (25 thousand US$)
- United Arab Emirates with a share of 7.51% (23 thousand US$)
- Greece with a share of 6% (19 thousand US$)
- Netherlands with a share of 4.83% (15.3 thousand US$)
- USA with a share of 4.49% (14.2 thousand US$)
- Sweden with a share of 3.95% (12.5 thousand US$)
- Ukraine with a share of 1.98% (6.3 thousand US$)
- Switzerland with a share of 1.23% (3.92 thousand US$)
Exports structure of 1509 - Olive oil and its fractions, whether or not refined, but not chemically modified - from Serbia in 2023 represented by the following main commodity groups:
- 61% (194 thousand US$): 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 Serbia totalled $ 11.3 million in 2023. Sales of commodity group 1509 to Serbia went up by 20% compared to 2022: imports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" went up by $ 1.93 million (the value of imports of commodity group 1509 to Serbia was equal to $9.43 million in 2022)
Imports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" accounted for 0.028% of total import flow to Serbia (in 2023, total imports to Serbia amounted to $ 39 billion). The share of commodity group 1509 in total imports to Serbia increased by 0.005 p.p. compared to 2022 (it was 0.022% in 2022 and cumulative imports to Serbia were equal to $ 41 billion).
Imports of commodity group 1509 reached 8.11% of total imports of group "" to Serbia in 2023 (imports of commodity group to Serbia totalled $140 million in 2023). The share of purchases of commodity group 1509 in total imports of commodity group to Serbia increased by 1.26 p.p. compared to 2022 (it was 6.84% in 2022, and imports of commodity group to Serbia accounted for $137 million).
Where does Serbia import Olive oil and its fractions, whether or not refined, but not chemically modified from?
Top trading partners (import of "Olive oil and its fractions, whether or not refined, but not chemically modified") of Serbia in 2023:
- Italy with a share of 60% (6.92 million US$)
- Greece with a share of 20% (2.35 million US$)
- Spain with a share of 14.9% (1.69 million US$)
- Albania with a share of 2.35% (268 thousand US$)
- Croatia - 83 thousand US$
- Cyprus - 17.5 thousand US$
- Poland - 10.9 thousand US$
- Montenegro - 10.3 thousand US$
- Germany - 3.46 thousand US$
- Slovenia - 3.4 thousand US$
Imports structure of 1509 - Olive oil and its fractions, whether or not refined, but not chemically modified - to Serbia in 2023 represented by the following main commodity groups:
- 4.08% (464 thousand US$): 150990 - Olive oil (excl. crude & virgin) & fractions thereof , whether or not ref. but not chemically modified
