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Exports In 2022, Finland exported $411k in Olive Oil, making it the 20th largest exporter of Olive Oil in the world. At the same year, Olive Oil was the 872nd most exported product in Finland. The main destination of Olive Oil exports from Finland are: Russia ($396k), Estonia ($12.6k), and Netherlands ($2.4k).

The fastest growing export markets for Olive Oil of Finland between 2021 and 2022 were Russia ($390k), Estonia ($3.11k), and Netherlands ($1.86k).

Imports In 2022, Finland imported $613k in Olive Oil, becoming the 79th largest importer of Olive Oil in the world. At the same year, Olive Oil was the 1037th most imported product in Finland. Finland imports Olive Oil primarily from: Italy ($263k), Greece ($171k), Estonia ($99.3k), Spain ($49.6k), and Denmark ($11.5k).

The fastest growing import markets in Olive Oil for Finland between 2021 and 2022 were Italy ($137k), Estonia ($51.6k), and Greece ($43.9k).

Latest Trends

Jul 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)$411k
IMPORTS (2022)$613k
NET TRADE (2022)-$202k

In 2022, Finland exported $411k in Olive Oil. The main destinations of Finland exports on Olive Oil were Russia ($396k), Estonia ($12.6k), and Netherlands ($2.4k).

In 2022, Finland imported $613k in Olive Oil, mainly from Italy ($263k), Greece ($171k), Estonia ($99.3k), Spain ($49.6k), and Denmark ($11.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Olive Oil EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Russia$390k (6.35k%)
Estonia$3.11k (32.8%)
Netherlands$1.86k (342%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Olive Oil BY Finland WERE (2021 - 2022):
Saudi Arabia-$28.4k (-100%)
United States-$482 (-100%)
United Kingdom-$12 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALNetherlands+ $3.76k
TOP IMPORT POTENTIALSpain+ $55.9k

Olive Oil’s highest export potential is Netherlands. With an export gap of $3.76k.   Olive Oil’s highest import potential is Spain with an import gap of $55.9k.

See methodology.

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