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Exports In 2022, Turkey exported $230M in Olive oil, virgin, making it the 6th largest exporter of Olive oil, virgin in the world. At the same year, Olive oil, virgin was the 247th most exported product in Turkey. The main destination of Olive oil, virgin exports from Turkey are: Spain ($88.5M), United States ($24.7M), Saudi Arabia ($20.5M), Japan ($16.7M), and United Arab Emirates ($12.6M).

The fastest growing export markets for Olive oil, virgin of Turkey between 2021 and 2022 were Spain ($73.3M), Saudi Arabia ($11.2M), and United States ($9.26M).

Imports In 2022, Turkey imported $103M in Olive oil, virgin, becoming the 13th largest importer of Olive oil, virgin in the world. At the same year, Olive oil, virgin was the 463rd most imported product in Turkey. Turkey imports Olive oil, virgin primarily from: Syria ($99.9M), Tunisia ($2.65M), Italy ($141k), Belgium ($106k), and Spain ($95.5k).

The fastest growing import markets in Olive oil, virgin for Turkey between 2021 and 2022 were Syria ($35.1M), Tunisia ($1.72M), and Belgium ($106k).

COMPANIES In 2023, leading companies such as Emser Tile (2.67k), IKEA Group (957), and Ford Motor Company (629) were at the forefront of shipping Olive oil, virgin from Turkey to the United States.

Latest Trends

Sep 2024

Subnational Monthly Trade

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Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Olive oil, virgin. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$230M
IMPORTS (2022)$103M
NET TRADE (2022)$127M

In 2022, Turkey exported $230M in Olive oil, virgin. The main destinations of Turkey exports on Olive oil, virgin were Spain ($88.5M), United States ($24.7M), Saudi Arabia ($20.5M), Japan ($16.7M), and United Arab Emirates ($12.6M).

In 2022, Turkey imported $103M in Olive oil, virgin, mainly from Syria ($99.9M), Tunisia ($2.65M), Italy ($141k), Belgium ($106k), and Spain ($95.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Olive oil, virgin EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
Spain$73.3M (482%)
Saudi Arabia$11.2M (121%)
United States$9.26M (60.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Olive oil, virgin BY Turkey WERE (2021 - 2022):
Iran-$1.7M (-26.7%)
Lebanon-$1.29M (-66.9%)
Italy-$1.21M (-51.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkey's main exporting competitors in Olive oil, virgin were:
Spain $3.32B
Italy $1.6B
In 2022, Turkey's main importing competitors in Olive oil, virgin were:

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Trade Value of Olive oil, virgin by Exporters

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