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 | Greece | Italy | Exports | Value (US$) | 270,035,125.00 | 433,218,019.00 | 172,858,237.00 | 490,489,930.00 | 425,262,108.00 | 300,204,898.19 | 415,106,851.66 | 156,988,147.05 | 313,352,426.40 | 390,632,628.64 | 494,145,028.29 | 822,437,982.66 |
Value Growth, YoY (%) | 13.77 | 60.43 | -60.09 | 183.75 | -13.29 | -29.40 | 38.27 | -62.18 | 99.60 | 24.66 | 26.49 | 66.43 |
The value of exports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" from Greece to Italy totalled $ 822 million in 2023. Sales of commodity group 1509 from Greece to Italy increased by 66% compared to 2022: exports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" went up by $ 328 million (exports of commodity group 1509 from Greece to Italy were equal to $494 million in 2022)
Exports of "Olive oil and its fractions, whether or not refined, but not chemically modified" from Greece to Italy accounted for 13% of the total merchandise exports in 2023 (total sales of goods from Greece to Italy were equal to $ 6.32 billion in 2023). The share of commodity group 1509 grew up by 4.71 p.p. in overall exports from Greece to Italy compared to 2022 (it was 8.28% in 2022 and cumulative exports from Greece to Italy were equal to $ 5.96 billion).
Exports of commodity group 1509 accounted for 91% of total sales of commodity group "" from Greece to Italy in 2023 (cumulative exports of commodity group from Greece to Italy were equal to $896 million in 2023). The share of exports of commodity group 1509 in sales of commodity group from Greece to Italy went up by 4.09 p.p. compared to 2022 (it was 87% in 2022, and exports of commodity group from Greece to Italy were $563 million).
The share of Italy in total exports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" from Greece was 65 percent (822 million USD) in 2023 of 1.26 billion USD - the value of overall merchandise exports of commodity group 1509 from Greece in 2023. The share of Italy in exports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" from Greece grew up by 6.56 p.p. in value terms compared to 2022 (it was 58 percent in 2022, and overall exports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" from Greece amounted to 843 million USD).