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

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The value of exports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" from Spain to Portugal totalled $ 481 million in 2023. Sales of commodity group 1509 from Spain to Portugal increased by 21% compared to 2022: exports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" went up by $ 84 million (exports of commodity group 1509 from Spain to Portugal were equal to $396 million in 2022)

Exports of "Olive oil and its fractions, whether or not refined, but not chemically modified" from Spain to Portugal accounted for 1.43% of the total merchandise exports in 2023 (total sales of goods from Spain to Portugal were equal to $ 33 billion in 2023). The share of commodity group 1509 grew up by 0.258 p.p. in overall exports from Spain to Portugal compared to 2022 (it was 1.17% in 2022 and cumulative exports from Spain to Portugal were equal to $ 33 billion).

Exports of commodity group 1509 accounted for 53% of total sales of commodity group "" from Spain to Portugal in 2023 (cumulative exports of commodity group from Spain to Portugal were equal to $894 million in 2023). The share of exports of commodity group 1509 in sales of commodity group from Spain to Portugal went up by 6.91 p.p. compared to 2022 (it was 46% in 2022, and exports of commodity group from Spain to Portugal were $845 million).

The share of Portugal in total exports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" from Spain was 11 percent (481 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 Portugal in exports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" from Spain grew up by 1.72 p.p. in value terms compared to 2022 (it was 9.37 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).