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 | USA | Italy | Imports | Value (US$) | 541,311,494.00 | 566,461,856.00 | 546,498,751.00 | 534,256,881.00 | 571,887,013.00 | 580,866,903.00 | 554,246,758.00 | 496,600,695.00 | 524,126,246.00 | 530,286,653.00 | 635,178,011.00 | 723,162,758.00 |
Value Growth, YoY (%) | 2.25 | 4.64 | -3.52 | -2.24 | 7.04 | 1.57 | -4.58 | -10.40 | 5.54 | 1.17 | 19.78 | 13.85 |
The value of imports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" to USA from Italy totalled $ 723 million in 2023. Sales of commodity group 1509 to USA from Italy increased by 13.8% compared to 2022: imports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" went up by $ 87 million (the value of sales of commodity group 1509 to USA from Italy was equal to $635 million in 2022)
Imports of commodity group 1509 amounted to 0.962% of total merchandise imports to USA from Italy (in 2023, total imports to USA from Italy were $ 75 billion). The share of commodity group 1509 in total imports to USA from Italy went up by 0.078 p.p. compared to 2022 (it was 0.883% in 2022 and cumulative imports to USA from Italy were equal to $ 71 billion).
Imports of commodity group 1509 accounted for 85% of total imports of group "" to USA from Italy in 2023 (in 2023, the value of imports of commodity group to USA from Italy was $843 million). The share of purchases of commodity group 1509 in total imports of commodity group to USA from Italy went down by 0.769 p.p. compared to 2022 (it was 86% in 2022, and imports of commodity group to USA from Italy accounted for $734 million).
The share of Italy in total imports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" to USA amounted to 32 percent (723 million USD) in 2023 of 2.19 billion USD - the value of total merchandise imports of commodity group 1509 to USA in 2023. The share of Italy in imports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" to USA went down by -1.1 p.p. in value compared to 2022 (it was 34 percent in 2022, and total imports of commodity group 1509 to USA were equal to 1.86 billion USD).