The value of exports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" from Spain to Italy totalled $ 969 million in 2023. Sales of commodity group 1509 from Spain to Italy declined by 16.9% compared to 2022.exports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" decreased by $ 197 million (exports of commodity group 1509 from Spain to Italy were equal to $1.16 billion in 2022)
Exports of "Olive oil and its fractions, whether or not refined, but not chemically modified" from Spain to Italy accounted for 2.78% of the total merchandise exports in 2023 (total sales of goods from Spain to Italy were equal to $ 34 billion in 2023). The share of commodity group 1509 in overall exports from Spain to Italy went down by 0.74 p.p. compared to 2022 (it was 3.52% in 2022 and cumulative exports from Spain to Italy were equal to $ 33 billion).
Exports of commodity group 1509 accounted for 75% of total sales of commodity group "" from Spain to Italy in 2023 (cumulative exports of commodity group from Spain to Italy were equal to $1.28 billion in 2023). The share of exports of commodity group 1509 in sales of commodity group from Spain to Italy lowered by 6.19 p.p. compared to 2022 (it was 81% in 2022, and exports of commodity group from Spain to Italy were $1.43 billion).
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 Spain was 22 percent (969 million USD) in 2023 of 4.34 billion USD - the value of overall merchandise exports of commodity group 1509 from Spain 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 Spain decreased by -5.23 p.p. in value terms compared to 2022 (it was 27 percent in 2022, and overall exports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" from Spain amounted to 4.23 billion USD).