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Italy | Imports | Spain | Olive Oil | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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The value of imports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" to Italy from Spain totalled $ 1.13 billion in 2023. Sales of commodity group 1509 to Italy from Spain declined by 17.7% compared to 2022.imports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" decreased by $ 245 million (the value of sales of commodity group 1509 to Italy from Spain was equal to $1.37 billion in 2022)

Imports of commodity group 1509 amounted to 3.2% of total merchandise imports to Italy from Spain (in 2023, total imports to Italy from Spain were $ 35 billion). The share of commodity group 1509 in total imports to Italy from Spain decreased by 1.01 p.p. compared to 2022 (it was 4.21% in 2022 and cumulative imports to Italy from Spain were equal to $ 32 billion).

Imports of commodity group 1509 accounted for 77% of total imports of group "" to Italy from Spain in 2023 (in 2023, the value of imports of commodity group to Italy from Spain was $1.45 billion). The share of purchases of commodity group 1509 in total imports of commodity group to Italy from Spain went down by 5.9 p.p. compared to 2022 (it was 83% in 2022, and imports of commodity group to Italy from Spain accounted for $1.64 billion).

The share of Spain in total imports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" to Italy amounted to 44 percent (1.13 billion USD) in 2023 of 2.57 billion USD - the value of total merchandise imports of commodity group 1509 to Italy in 2023. The share of Spain in imports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" to Italy went down by -17 p.p. in value compared to 2022 (it was 61 percent in 2022, and total imports of commodity group 1509 to Italy were equal to 2.25 billion USD).