2022
Exports
$4.43BWorld Rnk 1 / 146
Flag Rnk 12 / 1214
2022
PRODUCT COMPLEXITY IN Pure Olive Oil
-0.75Rnk 772 / 1025
2022
Imports
$892MWorld Rnk 3 / 218
Flag Rnk 117 / 1214
2022
ECONOMIC COMPLEXITY of Spain
0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $4.43B 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 12th most exported product in Spain. The main destination of Pure Olive Oil exports from Spain are: Italy ($1.28B), United States ($687M), Portugal ($413M), France ($370M), and China ($178M).

The fastest growing export markets for Pure Olive Oil of Spain between 2021 and 2022 were Italy ($170M), United States ($154M), and France ($37.3M).

Imports In 2022, Spain imported $892M 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 117th most imported product in Spain. Spain imports Pure Olive Oil primarily from: Portugal ($411M), Tunisia ($238M), Turkey ($111M), Greece ($38.5M), and Italy ($32M).

The fastest growing import markets in Pure Olive Oil for Spain between 2021 and 2022 were Portugal ($112M), Turkey ($87.6M), and Tunisia ($48M).

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

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)€125M(34.8%)
IMPORT GROWTH (July 2023 - July 2024)€53.2M(56.9%)
MAIN EXPORTER (July 2024)Sevilla€201M
MAIN DESTINATION (July 2024)Italy€99.3M

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 (2022)$4.43B
IMPORTS (2022)$892M
NET TRADE (2022)$3.54B

In 2022, Spain exported $4.43B in Pure Olive Oil. The main destinations of Spain exports on Pure Olive Oil were Italy ($1.28B), United States ($687M), Portugal ($413M), France ($370M), and China ($178M).

In 2022, Spain imported $892M in Pure Olive Oil, mainly from Portugal ($411M), Tunisia ($238M), Turkey ($111M), Greece ($38.5M), and Italy ($32M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pure Olive Oil EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Italy$170M (15.3%)
United States$154M (29%)
France$37.3M (11.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pure Olive Oil BY Spain WERE (2021 - 2022):
Portugal-$20.2M (-4.65%)
Mexico-$14.5M (-16.4%)
Russia-$9.18M (-28.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Pure Olive Oil were:
In 2022, 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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