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Exports In 2022, Morocco exported $28.1M in Olive Oil, making it the 5th largest exporter of Olive Oil in the world. At the same year, Olive Oil was the 127th most exported product in Morocco. The main destination of Olive Oil exports from Morocco are: Spain ($25.5M), United States ($2.5M), Netherlands ($34.7k), France ($24.7k), and Canada ($4.96k).

The fastest growing export markets for Olive Oil of Morocco between 2021 and 2022 were Spain ($4.08M), United States ($746k), and Netherlands ($27.2k).

Imports In 2022, Morocco imported $2.47k in Olive Oil, becoming the 174th largest importer of Olive Oil in the world. At the same year, Olive Oil was the 1158th most imported product in Morocco. Morocco imports Olive Oil primarily from: France ($2.47k).

The fastest growing import markets in Olive Oil for Morocco between 2021 and 2022 were France ($2.47k).

Latest Trends

Sep 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)$28.1M
IMPORTS (2022)$2.47k
NET TRADE (2022)$28.1M

In 2022, Morocco exported $28.1M in Olive Oil. The main destinations of Morocco exports on Olive Oil were Spain ($25.5M), United States ($2.5M), Netherlands ($34.7k), France ($24.7k), and Canada ($4.96k).

In 2022, Morocco imported $2.47k in Olive Oil, mainly from France ($2.47k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Olive Oil EXPORT MARKETS FOR Morocco WERE (2021 - 2022):
Spain$4.08M (19%)
United States$746k (42.6%)
Netherlands$27.2k (361%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Olive Oil BY Morocco WERE (2021 - 2022):
Mauritania-$178k (-100%)
Canada-$26.2k (-84.1%)
United Arab Emirates-$8.96k (-90.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Morocco's main exporting competitors in Olive Oil were:
Spain $322M
Italy $115M
Greece $69.6M
In 2022, Morocco'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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TOP EXPORT POTENTIALUnited States+ $700k
TOP IMPORT POTENTIALSpain+ $644

Olive Oil’s highest export potential is United States. With an export gap of $700k.   Olive Oil’s highest import potential is Spain with an import gap of $644.

See methodology.

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