2022
Exports
$87.8MWorld Rnk 10 / 146
Flag Rnk 99 / 1100
2022
PRODUCT COMPLEXITY IN Pure Olive Oil
-0.75Rnk 772 / 1025
2022
Imports
$84.7MWorld Rnk 20 / 218
Flag Rnk 315 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $87.8M in Pure Olive Oil, making it the 10th largest exporter of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 99th most exported product in Saudi Arabia. The main destination of Pure Olive Oil exports from Saudi Arabia are: India ($85.1M), Kuwait ($1.5M), Spain ($736k), Oman ($211k), and United Arab Emirates ($87.1k).

The fastest growing export markets for Pure Olive Oil of Saudi Arabia between 2021 and 2022 were India ($85.1M), Kuwait ($616k), and Spain ($245k).

Imports In 2022, Saudi Arabia imported $84.7M in Pure Olive Oil, becoming the 20th largest importer of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 315th most imported product in Saudi Arabia. Saudi Arabia imports Pure Olive Oil primarily from: Turkey ($20.6M), Spain ($19.1M), Tunisia ($12.2M), Italy ($10.5M), and United Arab Emirates ($9.57M).

The fastest growing import markets in Pure Olive Oil for Saudi Arabia between 2021 and 2022 were Turkey ($11.3M), United Arab Emirates ($5.22M), and Italy ($4.86M).

Latest Trends

Aug 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)$87.8M
IMPORTS (2022)$84.7M
NET TRADE (2022)$3.02M

In 2022, Saudi Arabia exported $87.8M in Pure Olive Oil. The main destinations of Saudi Arabia exports on Pure Olive Oil were India ($85.1M), Kuwait ($1.5M), Spain ($736k), Oman ($211k), and United Arab Emirates ($87.1k).

In 2022, Saudi Arabia imported $84.7M in Pure Olive Oil, mainly from Turkey ($20.6M), Spain ($19.1M), Tunisia ($12.2M), Italy ($10.5M), and United Arab Emirates ($9.57M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pure Olive Oil EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
India$85.1M (1%)
Kuwait$616k (69.5%)
Spain$245k (50%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pure Olive Oil BY Saudi Arabia WERE (2021 - 2022):
United Arab Emirates-$186k (-68.1%)
Oman-$170k (-44.6%)
Syria-$169k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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