Olive Oil in   Saudi Arabia

Exports In 2021, Saudi Arabia exported $19.3k in Olive Oil, making it the 59th largest exporter of Olive Oil in the world. At the same year, Olive Oil was the 998th most exported product in Saudi Arabia. The main destination of Olive Oil exports from Saudi Arabia are: Turkey ($10.7k), Canada ($3.84k), Bahrain ($2.26k), Jordan ($1.76k), and Netherlands ($441).

The fastest growing export markets for Olive Oil of Saudi Arabia between 2020 and 2021 were Turkey ($10.7k), Canada ($3.84k), and Bahrain ($2.26k).

Imports In 2021, Saudi Arabia imported $16.1M in Olive Oil, becoming the 8th largest importer of Olive Oil in the world. At the same year, Olive Oil was the 610th most imported product in Saudi Arabia. Saudi Arabia imports Olive Oil primarily from: Spain ($11.1M), United Arab Emirates ($2.24M), Tunisia ($1.63M), Italy ($406k), and Turkey ($173k).

The fastest growing import markets in Olive Oil for Saudi Arabia between 2020 and 2021 were Spain ($2.71M), Italy ($390k), and Jordan ($156k).

Tariffs In 2017, the average tariff for Saudi Arabia in Olive Oil was 4.6%. The countries with the highest import tariffs for Olive Oil were Angola (Most Favoured Nation duty rate treatment, 5%), Burundi (Most Favoured Nation duty rate treatment, 5%), Benin (Most Favoured Nation duty rate treatment, 5%), Burkina Faso (Most Favoured Nation duty rate treatment, 5%), and Botswana (Most Favoured Nation duty rate treatment, 5%).