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Exports In 2023, Australia exported $1.39M in Olive Oil, making it the 12th largest exporter of Olive Oil in the world. At the same year, Olive Oil was the 828th most exported product in Australia. The main destination of Olive Oil exports from Australia are: New Zealand ($1.27M), Chinese Taipei ($28.6k), Vanuatu ($26.3k), South Africa ($25.6k), and United Kingdom ($10.2k).

The fastest growing export markets for Olive Oil of Australia between 2022 and 2023 were New Zealand ($1.17M), Vanuatu ($22.2k), and Chinese Taipei ($19.7k).

Imports In 2023, Australia imported $1.28M in Olive Oil, becoming the 52nd largest importer of Olive Oil in the world. At the same year, Olive Oil was the 1046th most imported product in Australia. Australia imports Olive Oil primarily from: Italy ($711k), Spain ($444k), Greece ($58k), Turkey ($28k), and Netherlands ($23.6k).

The fastest growing import markets in Olive Oil for Australia between 2022 and 2023 were Spain ($56.9k), Greece ($48.8k), and Netherlands ($23.6k).

Latest Trends

Jan 2025

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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

The following visualization shows the latest trends on Olive Oil. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.39M
IMPORTS (2023)$1.28M
NET TRADE (2023)$115k

In 2023, Australia exported $1.39M in Olive Oil. The main destinations of Australia exports on Olive Oil were New Zealand ($1.27M), Chinese Taipei ($28.6k), Vanuatu ($26.3k), South Africa ($25.6k), and United Kingdom ($10.2k).

In 2023, Australia imported $1.28M in Olive Oil, mainly from Italy ($711k), Spain ($444k), Greece ($58k), Turkey ($28k), and Netherlands ($23.6k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Olive Oil EXPORT MARKETS FOR Australia WERE (2022 - 2023):
New Zealand$1.17M (1.18k%)
Vanuatu$22.2k (548%)
Chinese Taipei$19.7k (220%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Olive Oil BY Australia WERE (2022 - 2023):
Hong Kong-$23.3k (-100%)
South Africa-$18.8k (-42.3%)
United States-$18.3k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Australia's main exporting competitors in Olive Oil were:
Spain $320M
Italy $114M
In 2023, Australia's main importing competitors in Olive Oil were:

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Trade Value of Olive Oil by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $22.4k
TOP IMPORT POTENTIALSpain+ $185k

Olive Oil’s highest export potential is United States. With an export gap of $22.4k.   Olive Oil’s highest import potential is Spain with an import gap of $185k.

See methodology.

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