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Exports In 2023, Greece exported $120M in Olive Oil, making it the 2nd largest exporter of Olive Oil in the world. At the same year, Olive Oil was the 68th most exported product in Greece. The main destination of Olive Oil exports from Greece are: Spain ($64.2M), Italy ($43.2M), Poland ($2.63M), Ireland ($1.35M), and North Macedonia ($1.1M).

The fastest growing export markets for Olive Oil of Greece between 2022 and 2023 were Spain ($40.4M), Italy ($6.7M), and Ireland ($886k).

Imports In 2023, Greece imported $5.44M in Olive Oil, becoming the 18th largest importer of Olive Oil in the world. At the same year, Olive Oil was the 715th most imported product in Greece. Greece imports Olive Oil primarily from: Spain ($4.72M), Italy ($558k), Slovakia ($110k), Germany ($30.1k), and Netherlands ($9.51k).

The fastest growing import markets in Olive Oil for Greece between 2022 and 2023 were Spain ($1.56M), Slovakia ($110k), and Netherlands ($9.5k).

Latest Trends

Dec 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 (2023)$120M
IMPORTS (2023)$5.44M
NET TRADE (2023)$115M

In 2023, Greece exported $120M in Olive Oil. The main destinations of Greece exports on Olive Oil were Spain ($64.2M), Italy ($43.2M), Poland ($2.63M), Ireland ($1.35M), and North Macedonia ($1.1M).

In 2023, Greece imported $5.44M in Olive Oil, mainly from Spain ($4.72M), Italy ($558k), Slovakia ($110k), Germany ($30.1k), and Netherlands ($9.51k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Olive Oil EXPORT MARKETS FOR Greece WERE (2022 - 2023):
Spain$40.4M (170%)
Italy$6.7M (18.3%)
Ireland$886k (190%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Olive Oil BY Greece WERE (2022 - 2023):
Netherlands-$1.1M (-87.8%)
Germany-$428k (-34.9%)
Portugal-$305k (-29.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $560k
TOP IMPORT POTENTIALGermany+ $17.9k

Olive Oil’s highest export potential is United States. With an export gap of $560k.   Olive Oil’s highest import potential is Germany with an import gap of $17.9k.

See methodology.

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