2022
Exports | Imports
$48.6M | $1.76BWorld Rnk 16 / 146
Flag Rnk 870 / 1217
World Rnk 2 / 218
Flag Rnk 272 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.41Rnk 10 / 124
2022
PRODUCT COMPLEXITY IN Pure Olive Oil
-0.72Rnk 764 / 1025

About

Exports In 2022, United States exported $48.6M in Pure Olive Oil, making it the 16th largest exporter of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 870th most exported product in United States. The main destination of Pure Olive Oil exports from United States are: Canada ($26.9M), Mexico ($8.11M), Kuwait ($2.28M), Honduras ($756k), and United Kingdom ($652k).

The fastest growing export markets for Pure Olive Oil of United States between 2021 and 2022 were Canada ($3.34M), Kuwait ($1.92M), and United Kingdom ($599k).

Imports In 2022, United States imported $1.76B in Pure Olive Oil, becoming the 2nd largest importer of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 272nd most imported product in United States. United States imports Pure Olive Oil primarily from: Spain ($687M), Italy ($596M), Tunisia ($182M), Turkey ($87.9M), and Greece ($56M).

The fastest growing import markets in Pure Olive Oil for United States between 2021 and 2022 were Spain ($154M), Italy ($68.2M), and Turkey ($39.5M).

COMPANIES In 2023, leading companies such as WALONG MARKETING INC. (1.39k), WAL-MART INC. (1.07k), and LG ELECTRONICS U.S.A. INC. (1.07k) were at the forefront of shipping Pure Olive Oil to the United States.

Latest Trends

December 2023

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2022 - December 2023)$1.14M(27.1%)
IMPORT GROWTH (December 2022 - December 2023)$104M(89.8%)
MAIN EXPORTER (December 2023)
MAIN DESTINATION (December 2023)Canada$3.3M

This section shows Pure Olive Oil's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Pure Olive Oil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$48.6M
IMPORTS (2022)$1.76B
NET TRADE (2022)-$1.71B

In 2022, United States exported $48.6M in Pure Olive Oil. The main destinations of United States exports on Pure Olive Oil were Canada ($26.9M), Mexico ($8.11M), Kuwait ($2.28M), Honduras ($756k), and United Kingdom ($652k).

In 2022, United States imported $1.76B in Pure Olive Oil, mainly from Spain ($687M), Italy ($596M), Tunisia ($182M), Turkey ($87.9M), and Greece ($56M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pure Olive Oil EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$3.34M (14.2%)
Kuwait$1.92M (537%)
United Kingdom$599k (1.13k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pure Olive Oil BY United States WERE (2021 - 2022):
Panama-$1.46M (-81.7%)
Mexico-$994k (-10.9%)
El Salvador-$829k (-95.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Pure Olive Oil were:
Spain $4.43B
Italy $1.87B
In 2022, United States's main importing competitors in Pure Olive Oil were:
Italy $2.17B
Spain $892M

Explore Visualizations

Trade Value of Pure Olive Oil by Exporters

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