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2022
Exports $8.63MWorld Rnk 26 / 146
Flag Rnk 878 / 1216
2022
Destination $1.13M Ireland
2021 - 2022
FASTEST GROWING MARKET $1.13MItaly
2022
PRODUCT COMPLEXITY IN Pure Olive Oil-0.75Rnk 772 / 1025
2022
Imports $286MWorld Rnk 8 / 218
Flag Rnk 367 / 1214
2022
Origin $35.7M Spain
2021 - 2022
FASTEST GROWING ORIGIN $35.7MSpain
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $8.63M in Pure Olive Oil, making it the 26th largest exporter of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 878th most exported product in United Kingdom. The main destination of Pure Olive Oil exports from United Kingdom are: Ireland ($3.37M), Italy ($1.14M), France ($436k), Finland ($373k), and United Arab Emirates ($314k).

The fastest growing export markets for Pure Olive Oil of United Kingdom between 2021 and 2022 were Italy ($1.13M), Spain ($177k), and France ($109k).

Imports In 2022, United Kingdom imported $286M in Pure Olive Oil, becoming the 8th largest importer of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 367th most imported product in United Kingdom. United Kingdom imports Pure Olive Oil primarily from: Spain ($162M), Italy ($89M), Greece ($13.8M), Tunisia ($9.83M), and France ($2.8M).

The fastest growing import markets in Pure Olive Oil for United Kingdom between 2021 and 2022 were Spain ($35.7M), Italy ($9.83M), and Tunisia ($8.81M).

COMPANIES In 2023, leading companies such as Amazon (1) and Dole Fresh Fruit (1) were at the forefront of shipping Pure Olive Oil from United Kingdom to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Pure Olive Oil exports accounted up to £833k and imports accounted up to £36.6M, resulting in a negative trade balance of £35.8M. Between June 2023 and June 2024 the exports of United Kingdom's   Pure Olive Oil have increased by £34.5k (4.31%) from £799k to £833k, while imports increased by £4.34M (13.5%) from £32.2M to £36.6M.

Destinations In June 2024, Pure Olive Oil were exported mostly to Ireland (£580k), United Arab Emirates (£105k), Finland (£69.8k), Iceland (£18.2k), and United States (£10.8k), and were imported mostly from Spain (£18.4M), Italy (£6.27M), Germany (£5.39M), Belgium (£2.75M), and Greece (£2.1M).

Growth In June 2024, the increase in Pure Olive Oil's year-by-year exports was explained primarily by an increase in exports to Ireland (£124k or 64.1%), Malta (£10.7k or 181%), and United Arab Emirates (£10.4k or 229%). In June 2024, the increase in Pure Olive Oil's year-by-year imports was explained primarily by an increase in imports from Spain (£3.49M or 43.3%), Belgium (£2.39M or 1.34k%), and France (£399k or 147%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£34.5k(4.31%)
IMPORT GROWTH (June 2023 - June 2024)£4.34M(13.5%)
MAIN EXPORTER (June 2024)Liverpool£597k
MAIN DESTINATION (June 2024)Ireland£580k

This section shows Pure Olive Oil's exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Pure Olive Oil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.63M
IMPORTS (2022)$286M
NET TRADE (2022)-$277M

In 2022, United Kingdom exported $8.63M in Pure Olive Oil. The main destinations of United Kingdom exports on Pure Olive Oil were Ireland ($3.37M), Italy ($1.14M), France ($436k), Finland ($373k), and United Arab Emirates ($314k).

In 2022, United Kingdom imported $286M in Pure Olive Oil, mainly from Spain ($162M), Italy ($89M), Greece ($13.8M), Tunisia ($9.83M), and France ($2.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pure Olive Oil EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Italy$1.13M (13.6k%)
Spain$177k (675%)
France$109k (33.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pure Olive Oil BY United Kingdom WERE (2021 - 2022):
Ireland-$657k (-16.3%)
Canada-$249k (-63.9%)
United States-$236k (-46.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Pure Olive Oil were:
Spain $4.43B
Italy $1.87B
Portugal $962M
In 2022, United Kingdom's main importing competitors in Pure Olive Oil were:
Italy $2.17B
United States $1.76B
Spain $892M

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Trade Value of Pure Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $704k
TOP IMPORT POTENTIALGreece+ $4.91M

Pure Olive Oil’s highest export potential is Italy. With an export gap of $704k.   Pure Olive Oil’s highest import potential is Greece with an import gap of $4.91M.

See methodology.

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