Commodity | Reporter | Partner | Trade flow | Indicator | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
1509. Olive oil and its fractions, whether or not refined, but not chemically modified | Spain | Portugal | Exports | Value (US$) | 208,767,601.00 | 234,291,446.00 | 313,936,183.00 | 329,623,419.67 | 250,147,373.14 | 306,716,441.99 | 377,544,631.24 | 330,901,052.14 | 310,187,789.23 | 321,712,187.30 | 435,871,006.97 | 396,986,236.36 |
Value Growth, YoY (%) | 0.61 | 12.22 | 33.99 | 4.99 | -24.11 | 22.61 | 23.09 | -12.35 | -6.25 | 3.71 | 35.48 | -8.92 |
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 $ 396 million in 2022. Sales of commodity group 1509 from Spain to Portugal declined by 8.92% compared to 2021.exports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" decreased by $ 38 million (exports of commodity group 1509 from Spain to Portugal were equal to $435 million in 2021)
Exports of "Olive oil and its fractions, whether or not refined, but not chemically modified" from Spain to Portugal accounted for 1.17% of the total merchandise exports in 2022 (total sales of goods from Spain to Portugal were equal to $ 33 billion in 2022). The share of commodity group 1509 in overall exports from Spain to Portugal went down by 0.305 p.p. compared to 2021 (it was 1.48% in 2021 and cumulative exports from Spain to Portugal were equal to $ 29 billion).
Exports of commodity group 1509 accounted for 46% of total sales of commodity group "" from Spain to Portugal in 2022 (cumulative exports of commodity group from Spain to Portugal were equal to $845 million in 2022). The share of exports of commodity group 1509 in sales of commodity group from Spain to Portugal lowered by 9.21 p.p. compared to 2021 (it was 56% in 2021, and exports of commodity group from Spain to Portugal were $776 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 9.37 percent (396 million USD) in 2022 of 4.23 billion USD - the value of overall merchandise exports of commodity group 1509 from Spain in 2022. 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 decreased by -1.87 p.p. in value terms compared to 2021 (it was 11.2 percent in 2021, and overall exports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" from Spain amounted to 3.87 billion USD).