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Exports In 2023, Italy exported $114M in Olive Oil, making it the 3rd largest exporter of Olive Oil in the world. At the same year, Olive Oil was the 540th most exported product in Italy. The main destination of Olive Oil exports from Italy are: Spain ($39.1M), United States ($7.75M), South Korea ($7.73M), Poland ($4.8M), and Germany ($4.37M).

The fastest growing export markets for Olive Oil of Italy between 2022 and 2023 were Spain ($15.1M), Saudi Arabia ($1.97M), and Poland ($1.78M).

Imports In 2023, Italy imported $96.9M in Olive Oil, becoming the 2nd largest importer of Olive Oil in the world. At the same year, Olive Oil was the 589th most imported product in Italy. Italy imports Olive Oil primarily from: Spain ($46.3M), Greece ($43.2M), Portugal ($6.91M), Albania ($325k), and United States ($98.4k).

The fastest growing import markets in Olive Oil for Italy between 2022 and 2023 were Portugal ($6.78M), Greece ($6.7M), and Spain ($4.41M).

COMPANIES In 2023, leading companies such as Prime Line Coffee (37), Filippo Berio (33), and Certified Origins (31) were at the forefront of shipping Olive Oil from Italy to the United States.

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€-395k(-4.74%)
IMPORT GROWTH (October 2023 - October 2024)€1.61M(34%)
MAIN DESTINATION (October 2024)Spain€2.11M

This section shows Olive Oil's exports and imports data at subnational level for Italy. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Olive Oil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$114M
IMPORTS (2023)$96.9M
NET TRADE (2023)$17.1M

In 2023, Italy exported $114M in Olive Oil. The main destinations of Italy exports on Olive Oil were Spain ($39.1M), United States ($7.75M), South Korea ($7.73M), Poland ($4.8M), and Germany ($4.37M).

In 2023, Italy imported $96.9M in Olive Oil, mainly from Spain ($46.3M), Greece ($43.2M), Portugal ($6.91M), Albania ($325k), and United States ($98.4k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Olive Oil EXPORT MARKETS FOR Italy WERE (2022 - 2023):
Spain$15.1M (62.6%)
Saudi Arabia$1.97M (167%)
Poland$1.78M (59%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Olive Oil BY Italy WERE (2022 - 2023):
Latvia-$1.52M (-42.1%)
Bosnia and Herzegovina-$1.16M (-51.4%)
United Kingdom-$889k (-73%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Olive Oil were:
Spain $320M
In 2023, Italy'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 POTENTIALFrance+ $637k
TOP IMPORT POTENTIALTurkey+ $412k

Olive Oil’s highest export potential is France. With an export gap of $637k.   Olive Oil’s highest import potential is Turkey with an import gap of $412k.

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