2023
Exports
$1.65kWorld Rnk 125 / 160
Flag Rnk 1061 / 1123
2023
PRODUCT COMPLEXITY IN Pure Olive Oil
-0.73Rnk 765 / 1025
2023
Imports
$13MWorld Rnk 51 / 221
Flag Rnk 607 / 1202
2023
ECONOMIC COMPLEXITY of Philippines
0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $1.65k in Pure Olive Oil, making it the 125th largest exporter of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 1061st most exported product in Philippines. The main destination of Pure Olive Oil exports from Philippines are: Slovenia ($594), Canada ($466), Switzerland ($297), Ireland ($108), and Slovakia ($85).

The fastest growing export markets for Pure Olive Oil of Philippines between 2022 and 2023 were Slovenia ($330), Switzerland ($297), and Ireland ($108).

Imports In 2023, Philippines imported $13M in Pure Olive Oil, becoming the 51st largest importer of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 607th most imported product in Philippines. Philippines imports Pure Olive Oil primarily from: Spain ($7.87M), Italy ($3.76M), Turkey ($836k), United States ($149k), and Australia ($128k).

The fastest growing import markets in Pure Olive Oil for Philippines between 2022 and 2023 were Italy ($515k), Australia ($72.8k), and United States ($48.5k).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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)$1.65k
IMPORTS (2023)$13M
NET TRADE (2023)-$13M

In 2023, Philippines exported $1.65k in Pure Olive Oil. The main destinations of Philippines exports on Pure Olive Oil were Slovenia ($594), Canada ($466), Switzerland ($297), Ireland ($108), and Slovakia ($85).

In 2023, Philippines imported $13M in Pure Olive Oil, mainly from Spain ($7.87M), Italy ($3.76M), Turkey ($836k), United States ($149k), and Australia ($128k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pure Olive Oil EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
Slovenia$330 (125%)
Switzerland$297 (1%)
Ireland$108 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pure Olive Oil BY Philippines WERE (2022 - 2023):
Saudi Arabia-$9.14k (-100%)
Guatemala-$7.22k (-100%)
Hong Kong-$4.16k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Philippines's main exporting competitors in Pure Olive Oil were:
Spain $4.69B
Italy $2.14B
Greece $1.35B
In 2023, Philippines'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 POTENTIALCanada+ $3.51k
TOP IMPORT POTENTIALItaly+ $1.12M

Pure Olive Oil’s highest export potential is Canada. With an export gap of $3.51k.   Pure Olive Oil’s highest import potential is Italy with an import gap of $1.12M.

See methodology.

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