2022
Exports | Imports
$4.75k | $28.2MWorld Rnk 68 / 113
Flag Rnk 994 / 1100
World Rnk 6 / 189
Flag Rnk 514 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 34 / 124

About

Exports In 2022, Saudi Arabia exported $4.75k in Olive Oil, making it the 68th largest exporter of Olive Oil in the world. At the same year, Olive Oil was the 994th most exported product in Saudi Arabia. The main destination of Olive Oil exports from Saudi Arabia are: United Arab Emirates ($3.42k) and Ethiopia ($1.34k).

The fastest growing export markets for Olive Oil of Saudi Arabia between 2021 and 2022 were United Arab Emirates ($3.42k) and Ethiopia ($1.34k).

Imports In 2022, Saudi Arabia imported $28.2M in Olive Oil, becoming the 6th largest importer of Olive Oil in the world. At the same year, Olive Oil was the 514th most imported product in Saudi Arabia. Saudi Arabia imports Olive Oil primarily from: Spain ($16.3M), Tunisia ($8.06M), United Arab Emirates ($2.01M), Turkey ($1.56M), and Italy ($161k).

The fastest growing import markets in Olive Oil for Saudi Arabia between 2021 and 2022 were Tunisia ($6.43M), Spain ($5.15M), and Turkey ($1.38M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Olive Oil from Saudi Arabia to the United States.

Latest Trends

Feb 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)$4.75k
IMPORTS (2022)$28.2M
NET TRADE (2022)-$28.2M

In 2022, Saudi Arabia exported $4.75k in Olive Oil. The main destinations of Saudi Arabia exports on Olive Oil were United Arab Emirates ($3.42k) and Ethiopia ($1.34k).

In 2022, Saudi Arabia imported $28.2M in Olive Oil, mainly from Spain ($16.3M), Tunisia ($8.06M), United Arab Emirates ($2.01M), Turkey ($1.56M), and Italy ($161k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Olive Oil EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Ethiopia$1.34k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Olive Oil BY Saudi Arabia WERE (2021 - 2022):
Turkey-$10.7k (-100%)
Canada-$3.84k (-100%)
Bahrain-$2.26k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Olive Oil by Exporters

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