2018
Exports
$2.14BWorld Rnk 2 / 160
Flag Rnk 71 / 1216
2023
PRODUCT COMPLEXITY IN Pure Olive Oil
-0.73Rnk 765 / 1025
2018
Imports
$2.57BWorld Rnk 1 / 221
Flag Rnk 44 / 1213
2023
ECONOMIC COMPLEXITY of Italy
1.29Rnk 18 / 132

About

Exports In 2018, Italy exported $2.14B in Pure Olive Oil, making it the 2nd largest exporter of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 71st most exported product in Italy. The main destination of Pure Olive Oil exports from Italy are: United States ($723M), Germany ($232M), France ($141M), Japan ($113M), and Spain ($109M).

The fastest growing export markets for Pure Olive Oil of Italy between 2022 and 2023 were United States ($96.6M), Spain ($76.4M), and Germany ($29.6M).

Imports In 2023, Italy imported $2.57B in Pure Olive Oil, becoming the 1st largest importer of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 44th most imported product in Italy. Italy imports Pure Olive Oil primarily from: Spain ($1.13B), Greece ($896M), Tunisia ($282M), Portugal ($118M), and Turkey ($46.2M).

The fastest growing import markets in Pure Olive Oil for Italy between 2022 and 2023 were Greece ($388M), Tunisia ($81.2M), and Turkey ($44.3M).

COMPANIES In 2023, leading companies such as Certified Origins (1.22k), Filippo Berio (623), and Prime Line Coffee (105) were at the forefront of shipping Pure Olive Oil from Italy to the United States.

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€35.6M(20.9%)
IMPORT GROWTH (October 2023 - October 2024)€37.9M(23.1%)
MAIN DESTINATION (October 2024)United States€74.7M

This section shows Pure Olive Oil's exports and imports data at subnational level for Italy. 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)$2.14B
IMPORTS (2023)$2.57B
NET TRADE (2023)-$426M

In 2023, Italy exported $2.14B in Pure Olive Oil. The main destinations of Italy exports on Pure Olive Oil were United States ($723M), Germany ($232M), France ($141M), Japan ($113M), and Spain ($109M).

In 2023, Italy imported $2.57B in Pure Olive Oil, mainly from Spain ($1.13B), Greece ($896M), Tunisia ($282M), Portugal ($118M), and Turkey ($46.2M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pure Olive Oil EXPORT MARKETS FOR Italy WERE (2022 - 2023):
United States$96.6M (15.4%)
Spain$76.4M (237%)
Germany$29.6M (14.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pure Olive Oil BY Italy WERE (2022 - 2023):
Israel-$9.3M (-67.9%)
Chinese Taipei-$6.93M (-21.5%)
Bulgaria-$4.91M (-56.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Pure Olive Oil were:
Spain $4.69B
Greece $1.35B
In 2023, Italy'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 POTENTIALFrance+ $20.9M
TOP IMPORT POTENTIALTurkey+ $6.3M

Pure Olive Oil’s highest export potential is France. With an export gap of $20.9M.   Pure Olive Oil’s highest import potential is Turkey with an import gap of $6.3M.

See methodology.

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