Overview: In 2018, Pure Olive Oil were the world's 370th most traded product, with a total trade of $8.5B. Between 2017 and 2018 the exports of Pure Olive Oil grew by 3.8%, from $8.19B to $8.5B. Trade in Pure Olive Oil represent 0.046% of total world trade.
Exports: In 2018 the top exporters of Pure Olive Oil were Spain ($3.68B), Italy ($1.67B), Tunisia ($789M), Portugal ($723M), and Greece ($696M).
Imports: In 2018 the top importers of Pure Olive Oil were Italy ($1.81B), United States ($1.44B), Spain ($646M), France ($573M), and Brazil ($450M).
Tariffs: In 2018 the average tariff for Pure Olive Oil was 22.8%, been the 78 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Pure Olive Oil are Cyprus (261%), Iran (70%), Lebanon (64.3%), Syria (46%), and Jamaica (40%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Japan (0%), Maldives (0%), and Pakistan (0%).
Ranking: Pure Olive Oil ranks 757th in the Product Complexity Index (PCI).