Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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European Union | Exports | United Kingdom | Olive Oil | Value (US$) and Value Growth, YoY (%) | 2020 - 2023

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The value of exports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" from European Union to United Kingdom totalled $ 400 million in 2023. Sales of commodity group 1509 from European Union to United Kingdom increased by 145% compared to 2022: exports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" went up by $ 237 million (exports of commodity group 1509 from European Union to United Kingdom were equal to $163 million in 2022)

Exports of "Olive oil and its fractions, whether or not refined, but not chemically modified" from European Union to United Kingdom accounted for 0.111% of the total merchandise exports in 2023 (total sales of goods from European Union to United Kingdom were equal to $ 359 billion in 2023). The share of commodity group 1509 in overall exports from European Union to United Kingdom went down by 0.005 p.p. compared to 2022 (it was 0.116% in 2022 and cumulative exports from European Union to United Kingdom were equal to $ 139 billion).

Exports of commodity group 1509 accounted for 21% of total sales of commodity group "" from European Union to United Kingdom in 2023 (cumulative exports of commodity group from European Union to United Kingdom were equal to $1.82 billion in 2023). The share of exports of commodity group 1509 in sales of commodity group from European Union to United Kingdom lowered by 9.75 p.p. compared to 2022 (it was 31% in 2022, and exports of commodity group from European Union to United Kingdom were $515 million).

The share of United Kingdom in total exports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" from European Union was 9.69 percent (400 million USD) in 2023 of 4.12 billion USD - the value of overall merchandise exports of commodity group 1509 from European Union in 2023. The share of United Kingdom in exports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" from European Union grew up by 5.35 p.p. in value terms compared to 2022 (it was 4.34 percent in 2022, and overall exports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" from European Union amounted to 3.75 billion USD).

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