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Exports In 2022, Norway exported $55 in Olive Oil, making it the 107th largest exporter of Olive Oil in the world. At the same year, Olive Oil was the 1187th most exported product in Norway. The main destination of Olive Oil exports from Norway are: Netherlands ($55).

The fastest growing export markets for Olive Oil of Norway between 2021 and 2022 were Netherlands ($21).

Imports In 2022, Norway imported $1.21M in Olive Oil, becoming the 59th largest importer of Olive Oil in the world. At the same year, Olive Oil was the 961st most imported product in Norway. Norway imports Olive Oil primarily from: Spain ($878k), Italy ($209k), United Kingdom ($36.5k), Sweden ($35.6k), and Estonia ($21.9k).

The fastest growing import markets in Olive Oil for Norway between 2021 and 2022 were Spain ($396k), Italy ($43.9k), and United Kingdom ($12.1k).

Latest Trends

Jul 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)$55
IMPORTS (2022)$1.21M
NET TRADE (2022)-$1.21M

In 2022, Norway exported $55 in Olive Oil. The main destinations of Norway exports on Olive Oil were Netherlands ($55).

In 2022, Norway imported $1.21M in Olive Oil, mainly from Spain ($878k), Italy ($209k), United Kingdom ($36.5k), Sweden ($35.6k), and Estonia ($21.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Olive Oil EXPORT MARKETS FOR Norway WERE (2021 - 2022):Netherlands$21 (61.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Olive Oil BY Norway WERE (2021 - 2022):
Denmark-$11k (-100%)
Iceland-$781 (-100%)
Sweden-$700 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Olive Oil were:
Spain $322M
Italy $115M
Greece $69.6M
In 2022, Norway'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+ $307
TOP IMPORT POTENTIALItaly+ $68.1k

Olive Oil’s highest export potential is United States. With an export gap of $307.   Olive Oil’s highest import potential is Italy with an import gap of $68.1k.

See methodology.

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