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Exports In 2022, Turkey exported $26.6M in Olive Oil, making it the 6th largest exporter of Olive Oil in the world. At the same year, Olive Oil was the 619th most exported product in Turkey. The main destination of Olive Oil exports from Turkey are: United States ($10M), Iraq ($2.28M), Saudi Arabia ($1.56M), Israel ($1.54M), and United Arab Emirates ($1.17M).

The fastest growing export markets for Olive Oil of Turkey between 2021 and 2022 were United States ($7.28M), Saudi Arabia ($1.38M), and Israel ($1.04M).

Imports In 2022, Turkey imported $1.34M in Olive Oil, becoming the 57th largest importer of Olive Oil in the world. At the same year, Olive Oil was the 1056th most imported product in Turkey. Turkey imports Olive Oil primarily from: Spain ($945k), Italy ($278k), Syria ($68.4k), Bahrain ($34.1k), and Germany ($10.5k).

The fastest growing import markets in Olive Oil for Turkey between 2021 and 2022 were Bahrain ($34.1k), Germany ($6.6k), and United States ($26).

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)$26.6M
IMPORTS (2022)$1.34M
NET TRADE (2022)$25.3M

In 2022, Turkey exported $26.6M in Olive Oil. The main destinations of Turkey exports on Olive Oil were United States ($10M), Iraq ($2.28M), Saudi Arabia ($1.56M), Israel ($1.54M), and United Arab Emirates ($1.17M).

In 2022, Turkey imported $1.34M in Olive Oil, mainly from Spain ($945k), Italy ($278k), Syria ($68.4k), Bahrain ($34.1k), and Germany ($10.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Olive Oil EXPORT MARKETS FOR Turkey WERE (2021 - 2022):
United States$7.28M (268%)
Saudi Arabia$1.38M (801%)
Israel$1.04M (206%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Olive Oil BY Turkey WERE (2021 - 2022):
Kuwait-$729k (-63%)
Lebanon-$195k (-98.7%)
Afghanistan-$81.3k (-99.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkey's main exporting competitors in Olive Oil were:
Spain $322M
Italy $115M
Greece $69.6M
In 2022, Turkey'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 POTENTIALSpain+ $454k
TOP IMPORT POTENTIALSpain+ $175k

Olive Oil’s highest export potential is Spain. With an export gap of $454k.   Olive Oil’s highest import potential is Spain with an import gap of $175k.

See methodology.

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