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Exports In 2022, Estonia exported $200k in Olive Oil, making it the 27th largest exporter of Olive Oil in the world. At the same year, Olive Oil was the 894th most exported product in Estonia. The main destination of Olive Oil exports from Estonia are: Finland ($99.3k), Latvia ($38.2k), Lithuania ($26.4k), Norway ($21.9k), and Bonaire ($5.51k).

The fastest growing export markets for Olive Oil of Estonia between 2021 and 2022 were Finland ($51.6k), Bonaire ($5.51k), and Netherlands ($1.38k).

Imports In 2022, Estonia imported $775k in Olive Oil, becoming the 69th largest importer of Olive Oil in the world. At the same year, Olive Oil was the 859th most imported product in Estonia. Estonia imports Olive Oil primarily from: Greece ($200k), Italy ($193k), Latvia ($145k), Spain ($112k), and Portugal ($98.2k).

The fastest growing import markets in Olive Oil for Estonia between 2021 and 2022 were Portugal ($98.1k), Greece ($82.5k), and Italy ($36.2k).

Latest Trends

Oct 2024

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 (2022)$200k
IMPORTS (2022)$775k
NET TRADE (2022)-$575k

In 2022, Estonia exported $200k in Olive Oil. The main destinations of Estonia exports on Olive Oil were Finland ($99.3k), Latvia ($38.2k), Lithuania ($26.4k), Norway ($21.9k), and Bonaire ($5.51k).

In 2022, Estonia imported $775k in Olive Oil, mainly from Greece ($200k), Italy ($193k), Latvia ($145k), Spain ($112k), and Portugal ($98.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Olive Oil EXPORT MARKETS FOR Estonia WERE (2021 - 2022):
Finland$51.6k (108%)
Bonaire$5.51k (1%)
Netherlands$1.38k (755%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Olive Oil BY Estonia WERE (2021 - 2022):
Russia-$56.3k (-100%)
Latvia-$55.9k (-59.4%)
Norway-$26.3k (-54.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Estonia's main exporting competitors in Olive Oil were:
Spain $322M
Italy $115M
Greece $69.6M
In 2022, Estonia'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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Olive Oil’s highest export potential is N/A. With an export gap of N/A.   Olive Oil’s highest import potential is N/A with an import gap of N/A.

See methodology.

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