2022
Exports
$107MWorld Rnk 8 / 146
Flag Rnk 79 / 1128
2022
PRODUCT COMPLEXITY IN Pure Olive Oil
-0.75Rnk 772 / 1025
2022
Imports
$13.1MWorld Rnk 48 / 218
Flag Rnk 482 / 1171
2022
ECONOMIC COMPLEXITY of Argentina
0.064Rnk 61 / 133

About

Exports In 2022, Argentina exported $107M 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 79th most exported product in Argentina. The main destination of Pure Olive Oil exports from Argentina are: Brazil ($54.9M), United States ($30.9M), Spain ($13.2M), Chile ($3.43M), and Uruguay ($836k).

The fastest growing export markets for Pure Olive Oil of Argentina between 2021 and 2022 were Brazil ($18.1M), United States ($4.49M), and Chile ($2.83M).

Imports In 2022, Argentina imported $13.1M in Pure Olive Oil, becoming the 48th largest importer of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 482nd most imported product in Argentina. Argentina imports Pure Olive Oil primarily from: Chile ($5.33M), Spain ($4.21M), Tunisia ($2.85M), Uruguay ($376k), and Argentina ($193k).

The fastest growing import markets in Pure Olive Oil for Argentina between 2021 and 2022 were Chile ($4.32M), Spain ($3.91M), and Tunisia ($346k).

COMPANIES In 2023, leading companies such as Goya Foods (3) were at the forefront of shipping Pure Olive Oil from Argentina to the United States.

Latest Trends

Oct 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 (2022)$107M
IMPORTS (2022)$13.1M
NET TRADE (2022)$93.6M

In 2022, Argentina exported $107M in Pure Olive Oil. The main destinations of Argentina exports on Pure Olive Oil were Brazil ($54.9M), United States ($30.9M), Spain ($13.2M), Chile ($3.43M), and Uruguay ($836k).

In 2022, Argentina imported $13.1M in Pure Olive Oil, mainly from Chile ($5.33M), Spain ($4.21M), Tunisia ($2.85M), Uruguay ($376k), and Argentina ($193k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pure Olive Oil EXPORT MARKETS FOR Argentina WERE (2021 - 2022):
Brazil$18.1M (49.3%)
United States$4.49M (17%)
Chile$2.83M (471%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pure Olive Oil BY Argentina WERE (2021 - 2022):
Spain-$15M (-53.3%)
Italy-$1.52M (-100%)
Canada-$681k (-51.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Argentina's main exporting competitors in Pure Olive Oil were:
Spain $4.43B
Italy $1.87B
In 2022, 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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