2023
Exports
$820kWorld Rnk 53 / 160
Flag Rnk 864 / 1200
2023
PRODUCT COMPLEXITY IN Pure Olive Oil
-0.73Rnk 765 / 1025
2023
Imports
$70.6MWorld Rnk 21 / 221
Flag Rnk 412 / 1186
2023
ECONOMIC COMPLEXITY of Russia
0.3Rnk 50 / 132

About

Exports In 2023, Russia exported $820k in Pure Olive Oil, making it the 53rd largest exporter of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 864th most exported product in Russia. The main destination of Pure Olive Oil exports from Russia are: Kazakhstan ($442k), Armenia ($250k), Uzbekistan ($70.4k), Kyrgyzstan ($34.6k), and China ($23.3k).

The fastest growing export markets for Pure Olive Oil of Russia between 2022 and 2023 were Armenia ($243k), Uzbekistan ($46.5k), and China ($19.3k).

Imports In 2023, Russia imported $70.6M in Pure Olive Oil, becoming the 21st largest importer of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 412th most imported product in Russia. Russia imports Pure Olive Oil primarily from: Italy ($25.5M), Spain ($25M), Turkey ($7.34M), Greece ($6.5M), and Lithuania ($2.99M).

The fastest growing import markets in Pure Olive Oil for Russia between 2022 and 2023 were Turkey ($3.94M), Spain ($2.39M), and Latvia ($149k).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$820k
IMPORTS (2023)$70.6M
NET TRADE (2023)-$69.8M

In 2023, Russia exported $820k in Pure Olive Oil. The main destinations of Russia exports on Pure Olive Oil were Kazakhstan ($442k), Armenia ($250k), Uzbekistan ($70.4k), Kyrgyzstan ($34.6k), and China ($23.3k).

In 2023, Russia imported $70.6M in Pure Olive Oil, mainly from Italy ($25.5M), Spain ($25M), Turkey ($7.34M), Greece ($6.5M), and Lithuania ($2.99M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pure Olive Oil EXPORT MARKETS FOR Russia WERE (2022 - 2023):
Armenia$243k (3.43k%)
Uzbekistan$46.5k (194%)
China$19.3k (487%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pure Olive Oil BY Russia WERE (2022 - 2023):
Kazakhstan-$191k (-30.2%)
Tajikistan-$71.7k (-100%)
Greece-$26.8k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

Explore Visualizations

Trade Value of Pure Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $24.2k
TOP IMPORT POTENTIALSpain+ $7.3M

Pure Olive Oil’s highest export potential is China. With an export gap of $24.2k.   Pure Olive Oil’s highest import potential is Spain with an import gap of $7.3M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with