The value of exports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" from Italy to USA totalled $ 720 million in 2023. Sales of commodity group 1509 from Italy to USA increased by 22% compared to 2022: exports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" went up by $ 131 million (exports of commodity group 1509 from Italy to USA were equal to $589 million in 2022)
Exports of "Olive oil and its fractions, whether or not refined, but not chemically modified" from Italy to USA accounted for 0.99% of the total merchandise exports in 2023 (total sales of goods from Italy to USA were equal to $ 72 billion in 2023). The share of commodity group 1509 grew up by 0.13 p.p. in overall exports from Italy to USA compared to 2022 (it was 0.859% in 2022 and cumulative exports from Italy to USA were equal to $ 68 billion).
Exports of commodity group 1509 accounted for 86% of total sales of commodity group "" from Italy to USA in 2023 (cumulative exports of commodity group from Italy to USA were equal to $837 million in 2023). The share of exports of commodity group 1509 in sales of commodity group from Italy to USA lowered by 0.537 p.p. compared to 2022 (it was 86% in 2022, and exports of commodity group from Italy to USA were $680 million).
The share of USA in total exports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" from Italy was 32 percent (720 million USD) in 2023 of 2.2 billion USD - the value of overall merchandise exports of commodity group 1509 from Italy in 2023. The share of USA in exports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" from Italy grew up by 1.19 p.p. in value terms compared to 2022 (it was 31 percent in 2022, and overall exports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" from Italy amounted to 1.87 billion USD).