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Vegetable oils; crude olive pomace oil and their fractions, obtained solely from olives, whether or not refined, but not chemically modified

151010 (Harmonized System 2022 for 6-digit)

2023
World Trade $324MRnk 3624 / 5606
2023
Top Exporter | Top Importer $101M | $186MGreece | Spain
2023
Product Complexity -0.85Rnk 4441 / 5606
2022 - 2023
Export Growth (CAGR) 55.4%Rnk 135 / 5606
2023
Share of World Trade 0.0014%Rnk 3624 / 5606

About

Overview This page contains the latest trade data of Crude olive pomace oil. In 2023, Crude olive pomace oil were the world's 3624th most traded product, with a total trade of $324M. Between 2022 and 2023 the exports of Crude olive pomace oil grew by 55.4%, from $208M to $324M. Trade in Crude olive pomace oil represent 0.0014% of total world trade.

Crude olive pomace oil are a part of Olive Oil.

Exports In 2023 the top exporters of Crude olive pomace oil  were Greece ($101M), Portugal ($64.7M), Spain ($63.3M), Italy ($48.9M), and Tunisia ($29.9M).

Imports In 2023 the top importers of Crude olive pomace oil were Spain ($186M), Italy ($47.9M), Portugal ($34.2M), United States ($17M), and France ($8.42M).

Ranking Crude olive pomace oil ranks 4441st in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Crude olive pomace oil. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Year
Top Origin (2023)Greece$101M
Top Destination (2023)Spain$186M

In 2023 Crude olive pomace oil were the world's 3624th most traded product (out of 5,606).

In 2023, the top exporters of Crude olive pomace oil were Greece ($101M), Portugal ($64.7M), Spain ($63.3M), Italy ($48.9M), and Tunisia ($29.9M).

In 2023, the top importers of Crude olive pomace oil were Spain ($186M), Italy ($47.9M), Portugal ($34.2M), United States ($17M), and France ($8.42M).

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Exporters of Crude olive pomace oil (2023)
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Importers of Crude olive pomace oil (2023)
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Market Dynamics

Starting
Ending
Color
Top Origin Growth (2022 -  2023)Greece$41M
Top Destination Growth (2022 -  2023)Spain$79.3M

Between 2022 and 2023, the exports of Crude olive pomace oil grew the fastest in Greece ($41M), Portugal ($25.4M), Tunisia ($24.1M), Spain ($23.6M), and Italy ($14.8M).

Between 2022 and 2023, the fastest growing importers of Crude olive pomace oil were Spain ($79.3M), Portugal ($12.3M), United States ($9.14M), Italy ($8.39M), and France ($6.36M).

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Exporters of Crude olive pomace oil (2022 - 2023)

Importers of Crude olive pomace oil (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Crude olive pomace oil.

In 2023, market concentration measured using Shannon Entropy, was 2.5. This means that most of the exports of Crude olive pomace oil are explained by 5 countries.

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Value of Exports in Crude olive pomace oil

Net Trade

Year
TOP NET EXPORTER (2023)Greece$101M
TOP NET IMPORTER (2023)Spain$123M

This map shows which countries export or import more of Crude olive pomace oil. Each country is colored based on the difference in exports and imports of Crude olive pomace oil during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Crude olive pomace oil were Greece ($101M), Portugal ($30.5M), Tunisia ($29.9M), Morocco ($7.69M), and Turkey ($4.75M).

In 2023, the countries that had a largest trade value in imports than in exports of Crude olive pomace oil were Spain ($123M), United States ($16.8M), France ($8.22M), United Arab Emirates ($2.21M), and India ($1.94M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Crude olive pomace oil.
It is possible to select the main countries that export or import Crude olive pomace oil in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Crude olive pomace oil by percentage of total exports

Product Complexity

Diversification Frontier

Specialization
Year

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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