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Exports In 2023, India exported $557k in Olive Oil, making it the 18th largest exporter of Olive Oil in the world. At the same year, Olive Oil was the 1112th most exported product in India. The main destination of Olive Oil exports from India are: Ethiopia ($533k), South Korea ($3.92k), Bhutan ($3.37k), United States ($2.73k), and United Kingdom ($2.16k).

The fastest growing export markets for Olive Oil of India between 2022 and 2023 were Ethiopia ($533k), South Korea ($3.82k), and United States ($2.73k).

Imports In 2023, India imported $9.6M in Olive Oil, becoming the 15th largest importer of Olive Oil in the world. At the same year, Olive Oil was the 864th most imported product in India. India imports Olive Oil primarily from: Spain ($6.81M), Italy ($2.29M), Turkey ($188k), Tunisia ($122k), and Greece ($98.2k).

The fastest growing import markets in Olive Oil for India between 2022 and 2023 were Spain ($2.66M), Turkey ($110k), and Greece ($98.2k).

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)$557k
IMPORTS (2023)$9.6M
NET TRADE (2023)-$9.04M

In 2023, India exported $557k in Olive Oil. The main destinations of India exports on Olive Oil were Ethiopia ($533k), South Korea ($3.92k), Bhutan ($3.37k), United States ($2.73k), and United Kingdom ($2.16k).

In 2023, India imported $9.6M in Olive Oil, mainly from Spain ($6.81M), Italy ($2.29M), Turkey ($188k), Tunisia ($122k), and Greece ($98.2k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Olive Oil EXPORT MARKETS FOR India WERE (2022 - 2023):
Ethiopia$533k (1%)
South Korea$3.82k (3.82k%)
United States$2.73k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Olive Oil BY India WERE (2022 - 2023):
Kuwait-$9.09k (-88.3%)
United Arab Emirates-$1.49k (-59.9%)
Norway-$1.33k (-38.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, India's main exporting competitors in Olive Oil were:
Spain $320M
Italy $114M
In 2023, India'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 Arab Emirates+ $5.03k
TOP IMPORT POTENTIALSpain+ $295k

Olive Oil’s highest export potential is United Arab Emirates. With an export gap of $5.03k.   Olive Oil’s highest import potential is Spain with an import gap of $295k.

See methodology.

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