2022
Exports
$13MWorld Rnk 21 / 146
Flag Rnk 436 / 1208
2022
PRODUCT COMPLEXITY IN Pure Olive Oil
-0.75Rnk 772 / 1025
2022
Imports
$143MWorld Rnk 13 / 218
Flag Rnk 290 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $13M in Pure Olive Oil, making it the 21st largest exporter of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 436th most exported product in Australia. The main destination of Pure Olive Oil exports from Australia are: United States ($4.83M), New Zealand ($3.74M), China ($1.52M), Chinese Taipei ($712k), and Japan ($581k).

The fastest growing export markets for Pure Olive Oil of Australia between 2021 and 2022 were United States ($1.94M), New Zealand ($866k), and Spain ($156k).

Imports In 2022, Australia imported $143M in Pure Olive Oil, becoming the 13th largest importer of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 290th most imported product in Australia. Australia imports Pure Olive Oil primarily from: Spain ($107M), Italy ($18.4M), Greece ($6.34M), Turkey ($4.03M), and Lebanon ($3.07M).

The fastest growing import markets in Pure Olive Oil for Australia between 2021 and 2022 were Spain ($14M), Turkey ($1.4M), and Tunisia ($764k).

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 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 (2022)$13M
IMPORTS (2022)$143M
NET TRADE (2022)-$130M

In 2022, Australia exported $13M in Pure Olive Oil. The main destinations of Australia exports on Pure Olive Oil were United States ($4.83M), New Zealand ($3.74M), China ($1.52M), Chinese Taipei ($712k), and Japan ($581k).

In 2022, Australia imported $143M in Pure Olive Oil, mainly from Spain ($107M), Italy ($18.4M), Greece ($6.34M), Turkey ($4.03M), and Lebanon ($3.07M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pure Olive Oil EXPORT MARKETS FOR Australia WERE (2021 - 2022):
United States$1.94M (66.9%)
New Zealand$866k (30.1%)
Spain$156k (12k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pure Olive Oil BY Australia WERE (2021 - 2022):
Japan-$485k (-45.5%)
Singapore-$133k (-50%)
Italy-$58.5k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Pure Olive Oil were:
Spain $4.43B
Italy $1.87B
In 2022, 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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