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Exports In 2022, Greece exported $69.6M in Olive Oil, making it the 3rd largest exporter of Olive Oil in the world. At the same year, Olive Oil was the 125th most exported product in Greece. The main destination of Olive Oil exports from Greece are: Italy ($34.6M), Spain ($20.7M), Portugal ($3.12M), Poland ($2.31M), and Romania ($961k).

The fastest growing export markets for Olive Oil of Greece between 2021 and 2022 were Italy ($13.4M), Spain ($10.5M), and Portugal ($2.92M).

Imports In 2022, Greece imported $7.41M in Olive Oil, becoming the 16th largest importer of Olive Oil in the world. At the same year, Olive Oil was the 658th most imported product in Greece. Greece imports Olive Oil primarily from: Spain ($3.9M), Italy ($3.17M), Bulgaria ($310k), Germany ($25.2k), and Russia ($9.23k).

The fastest growing import markets in Olive Oil for Greece between 2021 and 2022 were Italy ($1.1M), Spain ($501k), and Bulgaria ($307k).

Latest Trends

Aug 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)$69.6M
IMPORTS (2022)$7.41M
NET TRADE (2022)$62.1M

In 2022, Greece exported $69.6M in Olive Oil. The main destinations of Greece exports on Olive Oil were Italy ($34.6M), Spain ($20.7M), Portugal ($3.12M), Poland ($2.31M), and Romania ($961k).

In 2022, Greece imported $7.41M in Olive Oil, mainly from Spain ($3.9M), Italy ($3.17M), Bulgaria ($310k), Germany ($25.2k), and Russia ($9.23k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Olive Oil EXPORT MARKETS FOR Greece WERE (2021 - 2022):
Italy$13.4M (63.4%)
Spain$10.5M (104%)
Portugal$2.92M (1.47k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Olive Oil BY Greece WERE (2021 - 2022):
Germany-$923k (-51.7%)
Poland-$806k (-25.9%)
Bulgaria-$418k (-60.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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