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 | Spain | Imports | Value (US$) | 228,954,308.00 | 224,189,703.00 | 432,975,638.00 | 332,504,527.00 | 524,047,277.00 | 564,590,009.00 | 518,301,833.00 | 496,330,033.00 | 240,523,009.00 | 399,676,949.00 | 723,313,246.00 | 701,026,944.00 |
Value Growth, YoY (%) | 15.62 | -2.08 | 93.12 | -23.20 | 57.60 | 7.73 | -8.19 | -4.23 | -51.53 | 66.16 | 80.97 | -3.08 |
The value of imports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" to USA from Spain totalled $ 701 million in 2023. Sales of commodity group 1509 to USA from Spain declined by 3.08% compared to 2022.imports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" decreased by $ 22 million (the value of sales of commodity group 1509 to USA from Spain was equal to $723 million in 2022)
Imports of commodity group 1509 amounted to 2.91% of total merchandise imports to USA from Spain (in 2023, total imports to USA from Spain were $ 24 billion). The share of commodity group 1509 in total imports to USA from Spain decreased by 0.064 p.p. compared to 2022 (it was 2.97% in 2022 and cumulative imports to USA from Spain were equal to $ 24 billion).
Imports of commodity group 1509 accounted for 81% of total imports of group "" to USA from Spain in 2023 (in 2023, the value of imports of commodity group to USA from Spain was $861 million). The share of purchases of commodity group 1509 in total imports of commodity group to USA from Spain increased by 3.33 p.p. compared to 2022 (it was 78% in 2022, and imports of commodity group to USA from Spain accounted for $927 million).
The share of Spain in total imports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" to USA amounted to 31 percent (701 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 Spain in imports of commodity group 1509 "Olive oil and its fractions, whether or not refined, but not chemically modified" to USA went down by -6.84 p.p. in value compared to 2022 (it was 38 percent in 2022, and total imports of commodity group 1509 to USA were equal to 1.86 billion USD).