2022
Exports
$1.87BWorld Rnk 2 / 146
Flag Rnk 78 / 1217
2022
PRODUCT COMPLEXITY IN Pure Olive Oil
-0.75Rnk 772 / 1025
2022
Imports
$2.17BWorld Rnk 1 / 218
Flag Rnk 59 / 1215
2022
ECONOMIC COMPLEXITY of Italy
1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $1.87B in Pure Olive Oil, making it the 2nd largest exporter of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 78th most exported product in Italy. The main destination of Pure Olive Oil exports from Italy are: United States ($596M), Germany ($216M), France ($147M), Japan ($108M), and Canada ($96.6M).

The fastest growing export markets for Pure Olive Oil of Italy between 2021 and 2022 were United States ($68.2M), Canada ($19.5M), and Spain ($10.7M).

Imports In 2022, Italy imported $2.17B in Pure Olive Oil, becoming the 1st largest importer of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 59th most imported product in Italy. Italy imports Pure Olive Oil primarily from: Spain ($1.28B), Greece ($525M), Tunisia ($200M), Portugal ($150M), and Turkey ($3.23M).

The fastest growing import markets in Pure Olive Oil for Italy between 2021 and 2022 were Spain ($170M), Greece ($96.5M), and Tunisia ($40M).

COMPANIES In 2023, leading companies such as Certified Origins (1.22k), Filippo Berio (623), and Prime Line Coffee (105) were at the forefront of shipping Pure Olive Oil from Italy to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)€91.2M(54.4%)
IMPORT GROWTH (July 2023 - July 2024)€42.3M(22.7%)
MAIN DESTINATION (July 2024)United States€86.7M

This section shows Pure Olive Oil's exports and imports data at subnational level for Italy. 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)$1.87B
IMPORTS (2022)$2.17B
NET TRADE (2022)-$292M

In 2022, Italy exported $1.87B in Pure Olive Oil. The main destinations of Italy exports on Pure Olive Oil were United States ($596M), Germany ($216M), France ($147M), Japan ($108M), and Canada ($96.6M).

In 2022, Italy imported $2.17B in Pure Olive Oil, mainly from Spain ($1.28B), Greece ($525M), Tunisia ($200M), Portugal ($150M), and Turkey ($3.23M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pure Olive Oil EXPORT MARKETS FOR Italy WERE (2021 - 2022):
United States$68.2M (12.9%)
Canada$19.5M (25.3%)
Spain$10.7M (50.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pure Olive Oil BY Italy WERE (2021 - 2022):
France-$15.1M (-9.3%)
Russia-$10.5M (-27.1%)
Germany-$8.92M (-3.96%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Pure Olive Oil were:
In 2022, Italy'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 POTENTIALFrance+ $20.9M
TOP IMPORT POTENTIALTurkey+ $6.3M

Pure Olive Oil’s highest export potential is France. With an export gap of $20.9M.   Pure Olive Oil’s highest import potential is Turkey with an import gap of $6.3M.

See methodology.

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