Extra virgin olive oil (HS: Vegetable) Product Trade, Exporters and Importers

Vegetable oils; olive oil and its fractions, extra virgin olive oil, whether or not refined, but not chemically modified

2022
World Trade $7.23BRnk 540 / 5606

2022
Top Exporter | Top Importer $3.13B | $1.84BSpain | Italy

2022
Product Complexity -1.18Rnk 4880 / 5606

2022
Share of World Trade 0.031%Rnk 540 / 5606

About

Overview This page contains the latest trade data of Extra virgin olive oil. In 2022, Extra virgin olive oil were the world's 540th most traded product, with a total trade of $7.23B.

Extra virgin olive oil are a part of Pure Olive Oil.

Exports In 2022 the top exporters of Extra virgin olive oil were Spain ($3.13B), Italy ($1.58B), Greece ($768M), Portugal ($707M), and Tunisia ($578M).

Imports In 2022 the top importers of Extra virgin olive oil were Italy ($1.84B), United States ($1.25B), Spain ($505M), France ($455M), and Brazil ($404M).

Ranking Extra virgin olive oil ranks 4880th in the Product Complexity Index (PCI).

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The following visualization shows the latest trends on Extra virgin olive 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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Product Complexity

Diversification Frontier

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RCA ≤ 1

RCA > 1

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.