2023
Exports
$203MWorld Rnk 8 / 160
Flag Rnk 50 / 1111
2023
PRODUCT COMPLEXITY IN Pure Olive Oil
-0.73Rnk 765 / 1025
2023
Imports
$946kWorld Rnk 132 / 221
Flag Rnk 889 / 1171
2023
ECONOMIC COMPLEXITY of Argentina
0.043Rnk 61 / 132

About

Exports In 2023, Argentina exported $203M in Pure Olive Oil, making it the 8th largest exporter of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 50th most exported product in Argentina. The main destination of Pure Olive Oil exports from Argentina are: United States ($67.5M), Spain ($57.5M), Brazil ($46.3M), Portugal ($13.9M), and Italy ($7.67M).

The fastest growing export markets for Pure Olive Oil of Argentina between 2022 and 2023 were Spain ($45M), United States ($34.1M), and Portugal ($13.9M).

Imports In 2023, Argentina imported $946k in Pure Olive Oil, becoming the 132nd largest importer of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 889th most imported product in Argentina. Argentina imports Pure Olive Oil primarily from: Chile ($691k), Spain ($89.6k), Uruguay ($55.5k), Italy ($53.3k), and Israel ($21k).

The fastest growing import markets in Pure Olive Oil for Argentina between 2022 and 2023 were Israel ($21k), Brazil ($15.2k), and United States ($6.03k).

COMPANIES In 2024, leading companies such as Goya Foods (1) were at the forefront of shipping Pure Olive Oil from Argentina to the United States.

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 Pure 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)$203M
IMPORTS (2023)$946k
NET TRADE (2023)$202M

In 2023, Argentina exported $203M in Pure Olive Oil. The main destinations of Argentina exports on Pure Olive Oil were United States ($67.5M), Spain ($57.5M), Brazil ($46.3M), Portugal ($13.9M), and Italy ($7.67M).

In 2023, Argentina imported $946k in Pure Olive Oil, mainly from Chile ($691k), Spain ($89.6k), Uruguay ($55.5k), Italy ($53.3k), and Israel ($21k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pure Olive Oil EXPORT MARKETS FOR Argentina WERE (2022 - 2023):
Spain$45M (358%)
United States$34.1M (102%)
Portugal$13.9M (1.28M%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pure Olive Oil BY Argentina WERE (2022 - 2023):
Brazil-$6.47M (-12.3%)
Colombia-$528k (-63.2%)
Ecuador-$164k (-45.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Argentina's main exporting competitors in Pure Olive Oil were:
Spain $4.69B
Italy $2.14B
Greece $1.35B
In 2023, Argentina's main importing competitors in Pure Olive Oil were:

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Trade Value of Pure Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.99M
TOP IMPORT POTENTIALSpain+ $1.24M

Pure Olive Oil’s highest export potential is United States. With an export gap of $4.99M.   Pure Olive Oil’s highest import potential is Spain with an import gap of $1.24M.

See methodology.

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