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Exports In 2022, Saudi Arabia exported $4.75k in Olive Oil, making it the 68th largest exporter of Olive Oil in the world. At the same year, Olive Oil was the 994th most exported product in Saudi Arabia. The main destination of Olive Oil exports from Saudi Arabia are: United Arab Emirates ($3.42k) and Ethiopia ($1.34k).

The fastest growing export markets for Olive Oil of Saudi Arabia between 2021 and 2022 were United Arab Emirates ($3.42k) and Ethiopia ($1.34k).

Imports In 2022, Saudi Arabia imported $28.2M in Olive Oil, becoming the 6th largest importer of Olive Oil in the world. At the same year, Olive Oil was the 514th most imported product in Saudi Arabia. Saudi Arabia imports Olive Oil primarily from: Spain ($16.3M), Tunisia ($8.06M), United Arab Emirates ($2.01M), Turkey ($1.56M), and Italy ($161k).

The fastest growing import markets in Olive Oil for Saudi Arabia between 2021 and 2022 were Tunisia ($6.43M), Spain ($5.15M), and Turkey ($1.38M).

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)$4.75k
IMPORTS (2022)$28.2M
NET TRADE (2022)-$28.2M

In 2022, Saudi Arabia exported $4.75k in Olive Oil. The main destinations of Saudi Arabia exports on Olive Oil were United Arab Emirates ($3.42k) and Ethiopia ($1.34k).

In 2022, Saudi Arabia imported $28.2M in Olive Oil, mainly from Spain ($16.3M), Tunisia ($8.06M), United Arab Emirates ($2.01M), Turkey ($1.56M), and Italy ($161k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Olive Oil EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Ethiopia$1.34k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Olive Oil BY Saudi Arabia WERE (2021 - 2022):
Turkey-$10.7k (-100%)
Canada-$3.84k (-100%)
Bahrain-$2.26k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Saudi Arabia's main exporting competitors in Olive Oil were:
Spain $322M
Italy $115M
Greece $69.6M
In 2022, Saudi Arabia'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+ $3.28k
TOP IMPORT POTENTIALItaly+ $223k

Olive Oil’s highest export potential is United Arab Emirates. With an export gap of $3.28k.   Olive Oil’s highest import potential is Italy with an import gap of $223k.

See methodology.

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