2022
Exports
$4.87MWorld Rnk 8 / 113
Flag Rnk 796 / 1208
2022
Imports
$28.6MWorld Rnk 5 / 189
Flag Rnk 604 / 1213
2022
ECONOMIC COMPLEXITY of United Arab Emirates
0.24Rnk 53 / 133

About

Exports In 2022, United Arab Emirates exported $4.87M in Olive Oil, making it the 8th largest exporter of Olive Oil in the world. At the same year, Olive Oil was the 796th most exported product in United Arab Emirates. The main destination of Olive Oil exports from United Arab Emirates are: Saudi Arabia ($2.01M), Oman ($1.44M), Kuwait ($887k), Ethiopia ($166k), and Djibouti ($84k).

The fastest growing export markets for Olive Oil of United Arab Emirates between 2021 and 2022 were Kuwait ($676k), Ethiopia ($129k), and Djibouti ($84k).

Imports In 2022, United Arab Emirates imported $28.6M in Olive Oil, becoming the 5th largest importer of Olive Oil in the world. At the same year, Olive Oil was the 604th most imported product in United Arab Emirates. United Arab Emirates imports Olive Oil primarily from: Spain ($24.7M), Turkey ($1.17M), Tunisia ($1.12M), Italy ($1.01M), and Greece ($305k).

The fastest growing import markets in Olive Oil for United Arab Emirates between 2021 and 2022 were Spain ($10.5M), Tunisia ($763k), and Turkey ($676k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
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. 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)$4.87M
IMPORTS (2022)$28.6M
NET TRADE (2022)-$23.7M

In 2022, United Arab Emirates exported $4.87M in Olive Oil. The main destinations of United Arab Emirates exports on Olive Oil were Saudi Arabia ($2.01M), Oman ($1.44M), Kuwait ($887k), Ethiopia ($166k), and Djibouti ($84k).

In 2022, United Arab Emirates imported $28.6M in Olive Oil, mainly from Spain ($24.7M), Turkey ($1.17M), Tunisia ($1.12M), Italy ($1.01M), and Greece ($305k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Olive Oil EXPORT MARKETS FOR United Arab Emirates WERE (2021 - 2022):
Kuwait$676k (321%)
Ethiopia$129k (343%)
Djibouti$84k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Olive Oil BY United Arab Emirates WERE (2021 - 2022):
Oman-$1.39M (-49%)
Saudi Arabia-$180k (-8.24%)
Republic of the Congo-$101k (-94.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, United Arab Emirates's main exporting competitors in Olive Oil were:
Spain $322M
Italy $115M
Greece $69.6M
In 2022, United Arab Emirates's main importing competitors in Olive Oil were:

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Trade Value of Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIraq+ $38.8k
TOP IMPORT POTENTIALItaly+ $293k

Olive Oil’s highest export potential is Iraq. With an export gap of $38.8k.   Olive Oil’s highest import potential is Italy with an import gap of $293k.

See methodology.

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