Olives, prepared or preserved, not frozen/vinegar200570 (Harmonized System 1992 for 6-digit)
World Trade (2018): $2.08B, Rnk 1296 / 4726
Top Exporter (2018): $785M, Spain
Top Importer (2018): $451M, United States
Product Complexity (2018): -1.08, Rnk 2277 / 2722
Export Growth (CAGR)(2017 - 2018): 9.6%, Rnk 2737 / 4726
Mean Tariff (2018): 17%, Rnk 828 / 6538
Share of World Trade (2018): 0.011%, Rnk 1296 / 4726
Overview: This page contains the latest trade data of Olives, prepared or preserved, not frozen/vinegar. In 2018, Olives, prepared or preserved, not frozen/vinegar were the world's 1296th most traded product, with a total trade of $2.08B. Between 2017 and 2018 the exports of Olives, prepared or preserved, not frozen/vinegar grew by 9.6%, from $1.89B to $2.08B. Trade in Olives, prepared or preserved, not frozen/vinegar represent 0.011% of total world trade.
Exports: In 2018 the top exporters of Olives, prepared or preserved, not frozen/vinegar were Spain ($785M), Greece ($499M), Morocco ($160M), Turkey ($119M), and Egypt ($86.4M).
Imports: In 2018 the top importers of Olives, prepared or preserved, not frozen/vinegar were United States ($451M), Germany ($161M), France ($156M), Italy ($129M), and Russia ($99.6M).
Tariffs: In 2018 the average tariff for Olives, prepared or preserved, not frozen/vinegar was 17%, been the 828 lowest tariff using the HS6 product classification.
The countries with the highest import tariffs for Olives, prepared or preserved, not frozen/vinegar are Lebanon (62.8%), Cyprus (57%), Angola (50%), Syria (46%), and Iran (45%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Maldives (0%), Singapore (0%), and Switzerland (0%).
Ranking: Olives, prepared or preserved, not frozen/vinegar ranks 2277th in the Product Complexity Index (PCI).
Trade By Country
Top Origin (2018): Spain, $785M
Top Destination (2018): United States, $451M
Olives, prepared or preserved, not frozen/vinegar are the world's 1296th most traded product.
In 2018, the top exporters of Olives, prepared or preserved, not frozen/vinegar were Spain ($785M), Greece ($499M), Morocco ($160M), Turkey ($119M), and Egypt ($86.4M).
In 2018, the top importers of Olives, prepared or preserved, not frozen/vinegar were United States ($451M), Germany ($161M), France ($156M), Italy ($129M), and Russia ($99.6M).
Trade by country
Between 2017 and 2018, the exports of Olives, prepared or preserved, not frozen/vinegar grew the fastest in Greece ($62.2M), Morocco ($23.8M), Spain ($20.9M), Belgium-Luxembourg ($20.8M), and Turkey ($16.1M).
Between 2017 and 2018, the fastest growing importers of Olives, prepared or preserved, not frozen/vinegar were Canada ($31.6M), Germany ($23.3M), France ($19.7M), Spain ($14.5M), and Portugal ($10.8M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Olives, prepared or preserved, not frozen/vinegar.
In 2018, market concentration measured using Shannon Entropy, was 3.04. This means that most of the exports of Olives, prepared or preserved, not frozen/vinegar are explained by 8 countries.
TOP NET EXPORTER (2018): Spain, $750M
TOP NET IMPORTER (2018): United States, $437M
This map shows which countries export or import more of Olives, prepared or preserved, not frozen/vinegar. Each country is colored based on the difference in exports and imports of Olives, prepared or preserved, not frozen/vinegar during 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Olives, prepared or preserved, not frozen/vinegar were Spain ($750M), Greece ($477M), Morocco ($159M), Turkey ($118M), and Egypt ($86M).
In 2018, the countries that had a largest trade value in imports than in exports of Olives, prepared or preserved, not frozen/vinegar were United States ($437M), France ($143M), Germany ($139M), Russia ($98M), and Brazil ($87.6M).
In 2018, the average tariff for importing Olives, prepared or preserved, not frozen/vinegar was 17%. The countries with the highest tariffs for importing Olives, prepared or preserved, not frozen/vinegar were Lebanon (62.8%), Cyprus (57%), Angola (50%), Syria (46%), and Iran (45%).
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.
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