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Exports In 2022, Philippines exported $74 in Olive Oil, making it the 104th largest exporter of Olive Oil in the world. At the same year, Olive Oil was the 1109th most exported product in Philippines. The main destination of Olive Oil exports from Philippines are: Netherlands ($72) and South Korea ($2).

The fastest growing export markets for Olive Oil of Philippines between 2021 and 2022 were Netherlands ($72).

Imports In 2022, Philippines imported $5.39M in Olive Oil, becoming the 24th largest importer of Olive Oil in the world. At the same year, Olive Oil was the 814th most imported product in Philippines. Philippines imports Olive Oil primarily from: Spain ($3.88M), Italy ($1.15M), Turkey ($295k), United States ($28.4k), and France ($17.1k).

The fastest growing import markets in Olive Oil for Philippines between 2021 and 2022 were Spain ($2.31M), Italy ($541k), and Turkey ($240k).

Latest Trends

Aug 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)$74
IMPORTS (2022)$5.39M
NET TRADE (2022)-$5.39M

In 2022, Philippines exported $74 in Olive Oil. The main destinations of Philippines exports on Olive Oil were Netherlands ($72) and South Korea ($2).

In 2022, Philippines imported $5.39M in Olive Oil, mainly from Spain ($3.88M), Italy ($1.15M), Turkey ($295k), United States ($28.4k), and France ($17.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Olive Oil EXPORT MARKETS FOR Philippines WERE (2021 - 2022):Netherlands$72 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Olive Oil BY Philippines WERE (2021 - 2022):
Canada-$293 (-100%)
South Korea-$46 (-95.8%)
Singapore-$38 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Olive Oil by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $363
TOP IMPORT POTENTIALTurkey+ $69.1k

Olive Oil’s highest export potential is United States. With an export gap of $363.   Olive Oil’s highest import potential is Turkey with an import gap of $69.1k.

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