2023
Exports
$1.57MWorld Rnk 45 / 160
Flag Rnk 574 / 1148
2023
PRODUCT COMPLEXITY IN Pure Olive Oil
-0.73Rnk 765 / 1025
2023
Imports
$110MWorld Rnk 16 / 221
Flag Rnk 282 / 1206
2023
ECONOMIC COMPLEXITY of Saudi Arabia
0.76Rnk 36 / 132

About

Exports In 2023, Saudi Arabia exported $1.57M in Pure Olive Oil, making it the 45th largest exporter of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 574th most exported product in Saudi Arabia. The main destination of Pure Olive Oil exports from Saudi Arabia are: Kuwait ($930k), Oman ($288k), Syria ($106k), Turkey ($60.9k), and Djibouti ($48.9k).

The fastest growing export markets for Pure Olive Oil of Saudi Arabia between 2022 and 2023 were Kuwait ($463k), Oman ($74k), and Syria ($49.7k).

Imports In 2023, Saudi Arabia imported $110M in Pure Olive Oil, becoming the 16th largest importer of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 282nd most imported product in Saudi Arabia. Saudi Arabia imports Pure Olive Oil primarily from: Turkey ($31.8M), Syria ($30.7M), Spain ($13M), Italy ($11.7M), and Tunisia ($10.8M).

The fastest growing import markets in Pure Olive Oil for Saudi Arabia between 2022 and 2023 were Turkey ($14.3M), Italy ($4.72M), and Switzerland ($455k).

Latest Trends

Jan 2025

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)$1.57M
IMPORTS (2023)$110M
NET TRADE (2023)-$108M

In 2023, Saudi Arabia exported $1.57M in Pure Olive Oil. The main destinations of Saudi Arabia exports on Pure Olive Oil were Kuwait ($930k), Oman ($288k), Syria ($106k), Turkey ($60.9k), and Djibouti ($48.9k).

In 2023, Saudi Arabia imported $110M in Pure Olive Oil, mainly from Turkey ($31.8M), Syria ($30.7M), Spain ($13M), Italy ($11.7M), and Tunisia ($10.8M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pure Olive Oil EXPORT MARKETS FOR Saudi Arabia WERE (2022 - 2023):
Kuwait$463k (99.3%)
Oman$74k (34.7%)
Syria$49.7k (88.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pure Olive Oil BY Saudi Arabia WERE (2022 - 2023):
India-$85.1M (-100%)
Spain-$751k (-99.3%)
Yemen-$120k (-73.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Saudi Arabia's main exporting competitors in Pure Olive Oil were:
Spain $4.69B
Italy $2.14B
Greece $1.35B
In 2023, Saudi Arabia'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 POTENTIALSpain+ $1.04M
TOP IMPORT POTENTIALSpain+ $4.47M

Pure Olive Oil’s highest export potential is Spain. With an export gap of $1.04M.   Pure Olive Oil’s highest import potential is Spain with an import gap of $4.47M.

See methodology.

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