2022
Exports
$791kWorld Rnk 12 / 113
Flag Rnk 1130 / 1216
2022
Imports
$14.5MWorld Rnk 10 / 189
Flag Rnk 964 / 1214
2022
ECONOMIC COMPLEXITY of United Kingdom
1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $791k in Olive Oil, making it the 12th largest exporter of Olive Oil in the world. At the same year, Olive Oil was the 1130th most exported product in United Kingdom. The main destination of Olive Oil exports from United Kingdom are: Ireland ($317k), Belgium ($138k), Germany ($115k), Denmark ($60.7k), and Canada ($42.2k).

The fastest growing export markets for Olive Oil of United Kingdom between 2021 and 2022 were Belgium ($136k), Germany ($85.9k), and Denmark ($40k).

Imports In 2022, United Kingdom imported $14.5M in Olive Oil, becoming the 10th largest importer of Olive Oil in the world. At the same year, Olive Oil was the 964th most imported product in United Kingdom. United Kingdom imports Olive Oil primarily from: Spain ($13.1M), Italy ($972k), Greece ($173k), Belgium ($105k), and France ($49.1k).

The fastest growing import markets in Olive Oil for United Kingdom between 2021 and 2022 were Spain ($3.44M), Italy ($383k), and France ($45.2k).

COMPANIES In 2023, leading companies such as Amazon (2) were at the forefront of shipping Olive Oil from United Kingdom to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£26.3k(162%)
IMPORT GROWTH (June 2023 - June 2024)£543k(37.6%)
MAIN EXPORTER (June 2024)Holyhead£23.1k
MAIN DESTINATION (June 2024)Ireland£34.9k

This section shows Olive Oil's exports and imports data at subnational level for United Kingdom. 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 Olive Oil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$791k
IMPORTS (2022)$14.5M
NET TRADE (2022)-$13.7M

In 2022, United Kingdom exported $791k in Olive Oil. The main destinations of United Kingdom exports on Olive Oil were Ireland ($317k), Belgium ($138k), Germany ($115k), Denmark ($60.7k), and Canada ($42.2k).

In 2022, United Kingdom imported $14.5M in Olive Oil, mainly from Spain ($13.1M), Italy ($972k), Greece ($173k), Belgium ($105k), and France ($49.1k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Olive Oil EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Belgium$136k (7.74k%)
Germany$85.9k (291%)
Denmark$40k (193%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Olive Oil BY United Kingdom WERE (2021 - 2022):
Tanzania-$81.1k (-100%)
Spain-$48.4k (-79.5%)
Hong Kong-$41.5k (-89.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Olive Oil were:
Spain $322M
Italy $115M
Greece $69.6M
In 2022, United Kingdom's main importing competitors in Olive Oil were:

Explore Visualizations

Trade Value of Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $50.1k
TOP IMPORT POTENTIALItaly+ $525k

Olive Oil’s highest export potential is Germany. With an export gap of $50.1k.   Olive Oil’s highest import potential is Italy with an import gap of $525k.

See methodology.

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