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 | Imports | Value (US$) | 56,576,919.00 | 62,030,037.00 | 104,111,638.00 | 125,648,206.31 | 156,638,908.33 | 135,617,503.01 | 154,111,152.44 | 179,792,970.09 | 147,513,545.91 | 164,643,570.47 | 263,850,730.42 | 383,624,115.13 |
Value Growth, YoY (%) | 70.62 | 9.63 | 67.84 | 20.68 | 24.66 | -13.42 | 13.63 | 16.66 | -17.95 | 11.61 | 60.25 | 45.39 |
The value of imports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" to Spain from Portugal totalled $ 383 million in 2022. Sales of commodity group 1509 to Spain from Portugal increased by 45% compared to 2021: imports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" went up by $ 119 million (the value of sales of commodity group 1509 to Spain from Portugal was equal to $263 million in 2021)
Imports of commodity group 1509 amounted to 2.23% of total merchandise imports to Spain from Portugal (in 2022, total imports to Spain from Portugal were $ 17.1 billion). The share of commodity group 1509 in total imports to Spain from Portugal went up by 0.596 p.p. compared to 2021 (it was 1.64% in 2021 and cumulative imports to Spain from Portugal were equal to $ 16 billion).
Imports of commodity group 1509 accounted for 59% of total imports of group "" to Spain from Portugal in 2022 (in 2022, the value of imports of commodity group to Spain from Portugal was $648 million). The share of purchases of commodity group 1509 in total imports of commodity group to Spain from Portugal increased by 1.78 p.p. compared to 2021 (it was 57% in 2021, and imports of commodity group to Spain from Portugal accounted for $460 million).
The share of Portugal in total imports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" to Spain amounted to 51 percent (383 million USD) in 2022 of 744 million USD - the value of total merchandise imports of commodity group 1509 to Spain in 2022. The share of Portugal in imports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" to Spain increased by 4.38 p.p. compared to 2021 (it was 47 percent in 2021, and total imports of commodity group 1509 to Spain were equal to 559 million USD).