2023
Exports
$23.3MWorld Rnk 17 / 160
Flag Rnk 346 / 1208
2023
PRODUCT COMPLEXITY IN Pure Olive Oil
-0.73Rnk 765 / 1025
2023
Imports
$141MWorld Rnk 12 / 221
Flag Rnk 275 / 1207
2023
ECONOMIC COMPLEXITY of Australia
-0.28Rnk 75 / 132

About

Exports In 2023, Australia exported $23.3M in Pure Olive Oil, making it the 17th largest exporter of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 346th most exported product in Australia. The main destination of Pure Olive Oil exports from Australia are: United States ($14.8M), China ($2.34M), New Zealand ($2.32M), Japan ($659k), and Italy ($535k).

The fastest growing export markets for Pure Olive Oil of Australia between 2022 and 2023 were United States ($10.5M), China ($993k), and Italy ($535k).

Imports In 2023, Australia imported $141M in Pure Olive Oil, becoming the 12th largest importer of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 275th most imported product in Australia. Australia imports Pure Olive Oil primarily from: Spain ($103M), Italy ($24M), Greece ($6.16M), Turkey ($3.75M), and Lebanon ($2.55M).

The fastest growing import markets in Pure Olive Oil for Australia between 2022 and 2023 were Lebanon ($1.03M), Italy ($790k), and Portugal ($289k).

COMPANIES In 2024, leading companies such as Lawrence Wholesale (1) were at the forefront of shipping Pure Olive Oil from Australia to the United States.

Latest Trends

Jan 2025

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 Pure 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 (2023)$23.3M
IMPORTS (2023)$141M
NET TRADE (2023)-$118M

In 2023, Australia exported $23.3M in Pure Olive Oil. The main destinations of Australia exports on Pure Olive Oil were United States ($14.8M), China ($2.34M), New Zealand ($2.32M), Japan ($659k), and Italy ($535k).

In 2023, Australia imported $141M in Pure Olive Oil, mainly from Spain ($103M), Italy ($24M), Greece ($6.16M), Turkey ($3.75M), and Lebanon ($2.55M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pure Olive Oil EXPORT MARKETS FOR Australia WERE (2022 - 2023):
United States$10.5M (249%)
China$993k (73.7%)
Italy$535k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pure Olive Oil BY Australia WERE (2022 - 2023):
New Zealand-$518k (-18.3%)
Chinese Taipei-$371k (-48.6%)
Singapore-$107k (-29.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Australia's main exporting competitors in Pure Olive Oil were:
Spain $4.69B
Italy $2.14B
Greece $1.35B
In 2023, Australia's main importing competitors in Pure Olive Oil were:

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Trade Value of Pure Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.62M
TOP IMPORT POTENTIALGreece+ $1.36M

Pure Olive Oil’s highest export potential is United States. With an export gap of $1.62M.   Pure Olive Oil’s highest import potential is Greece with an import gap of $1.36M.

See methodology.

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