2023
Exports
$4.69BWorld Rnk 1 / 160
Flag Rnk 9 / 1215
2023
PRODUCT COMPLEXITY IN Pure Olive Oil
-0.73Rnk 765 / 1025
2023
Imports
$1.25BWorld Rnk 3 / 221
Flag Rnk 77 / 1214
2023
ECONOMIC COMPLEXITY of Spain
0.86Rnk 31 / 132

About

Exports In 2023, Spain exported $4.69B in Pure Olive Oil, making it the 1st largest exporter of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 9th most exported product in Spain. The main destination of Pure Olive Oil exports from Spain are: Italy ($1.13B), United States ($699M), France ($531M), Portugal ($504M), and United Kingdom ($275M).

The fastest growing export markets for Pure Olive Oil of Spain between 2022 and 2023 were France ($148M), United Kingdom ($81.1M), and Mexico ($74.9M).

Imports In 2023, Spain imported $1.25B in Pure Olive Oil, becoming the 3rd largest importer of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 77th most imported product in Spain. Spain imports Pure Olive Oil primarily from: Portugal ($496M), Tunisia ($231M), Turkey ($127M), Italy ($109M), and Greece ($89.4M).

The fastest growing import markets in Pure Olive Oil for Spain between 2022 and 2023 were Portugal ($107M), Turkey ($98M), and Italy ($76.4M).

COMPANIES In 2023, leading companies such as Certified Origins (239), Goya Foods (137), and Walmart (20) were at the forefront of shipping Pure Olive Oil from Spain to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€19M(5.06%)
IMPORT GROWTH (November 2023 - November 2024)€-65.8M(-36.8%)
MAIN EXPORTER (November 2024)Sevilla€201M
MAIN DESTINATION (November 2024)Italy€90.3M

This section shows Pure Olive Oil's exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Pure Olive Oil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$4.69B
IMPORTS (2023)$1.25B
NET TRADE (2023)$3.44B

In 2023, Spain exported $4.69B in Pure Olive Oil. The main destinations of Spain exports on Pure Olive Oil were Italy ($1.13B), United States ($699M), France ($531M), Portugal ($504M), and United Kingdom ($275M).

In 2023, Spain imported $1.25B in Pure Olive Oil, mainly from Portugal ($496M), Tunisia ($231M), Turkey ($127M), Italy ($109M), and Greece ($89.4M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pure Olive Oil EXPORT MARKETS FOR Spain WERE (2022 - 2023):
France$148M (38.6%)
United Kingdom$81.1M (41.9%)
Mexico$74.9M (231%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pure Olive Oil BY Spain WERE (2022 - 2023):
Italy-$244M (-17.8%)
China-$98.8M (-54.1%)
South Korea-$53.1M (-50.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

Explore Visualizations

Trade Value of Pure Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $18.3M
TOP IMPORT POTENTIALItaly+ $14.8M

Pure Olive Oil’s highest export potential is India. With an export gap of $18.3M.   Pure Olive Oil’s highest import potential is Italy with an import gap of $14.8M.

See methodology.

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