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 | Portugal | Spain | Imports | Value (US$) | 234,792,273.00 | 338,470,765.00 | 305,520,209.00 | 313,456,124.06 | 302,634,809.85 | 389,352,620.64 | 409,644,724.60 | 321,228,555.05 | 334,161,031.94 | 430,747,257.99 | 432,362,796.80 | 504,258,206.21 |
Value Growth, YoY (%) | 6.56 | 44.15 | -9.73 | 2.59 | -3.45 | 28.65 | 5.21 | -21.58 | 4.02 | 28.90 | 0.37 | 16.62 |
The value of imports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" to Portugal from Spain totalled $ 504 million in 2023. Sales of commodity group 1509 to Portugal from Spain increased by 16.6% compared to 2022: imports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" went up by $ 71 million (the value of sales of commodity group 1509 to Portugal from Spain was equal to $432 million in 2022)
Imports of commodity group 1509 amounted to 1.31% of total merchandise imports to Portugal from Spain (in 2023, total imports to Portugal from Spain were $ 38 billion). The share of commodity group 1509 in total imports to Portugal from Spain went up by 0.14 p.p. compared to 2022 (it was 1.17% in 2022 and cumulative imports to Portugal from Spain were equal to $ 36 billion).
Imports of commodity group 1509 accounted for 52% of total imports of group "" to Portugal from Spain in 2023 (in 2023, the value of imports of commodity group to Portugal from Spain was $966 million). The share of purchases of commodity group 1509 in total imports of commodity group to Portugal from Spain increased by 5.99 p.p. compared to 2022 (it was 46% in 2022, and imports of commodity group to Portugal from Spain accounted for $935 million).
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 Portugal amounted to 91 percent (504 million USD) in 2023 of 549 million USD - the value of total merchandise imports of commodity group 1509 to Portugal 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 Portugal went down by -7.32 p.p. in value compared to 2022 (it was 99 percent in 2022, and total imports of commodity group 1509 to Portugal were equal to 436 million USD).