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151000 (Harmonized System 1992 for 6-digit)

2023
World Trade $707MRnk 2487 / 4644
2023
Top Exporter | Top Importer $320M | $187MSpain | Spain
2023
Product Complexity -0.9Rnk 3705 / 4656
2022 - 2023
Export Growth (CAGR) 22.2%Rnk 248 / 4644
2023
Share of World Trade 0.0031%Rnk 2487 / 4644

About

Overview This page contains the latest trade data of Olive oil, fractions, blends, not chemically modified. In 2023, Olive oil, fractions, blends, not chemically modified were the world's 2487th most traded product, with a total trade of $707M. Between 2022 and 2023 the exports of Olive oil, fractions, blends, not chemically modified grew by 22.2%, from $579M to $707M. Trade in Olive oil, fractions, blends, not chemically modified represent 0.0031% of total world trade.

Olive oil, fractions, blends, not chemically modified are a part of Olive Oil.

Exports In 2023 the top exporters of Olive oil, fractions, blends, not chemically modified  were Spain ($320M), Greece ($120M), Italy ($114M), Portugal ($57.2M), and Tunisia ($33.3M).

Imports In 2023 the top importers of Olive oil, fractions, blends, not chemically modified were Spain ($187M), Italy ($96.9M), United States ($55.4M), Portugal ($54.2M), and Saudi Arabia ($23.2M).

Ranking Olive oil, fractions, blends, not chemically modified ranks 3705th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Olive oil, fractions, blends, not chemically modified. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Spain$320M
Top Destination (2023)Spain$187M

In 2023 Olive oil, fractions, blends, not chemically modified were the world's 2487th most traded product (out of 4,644).

In 2023, the top exporters of Olive oil, fractions, blends, not chemically modified were Spain ($320M), Greece ($120M), Italy ($114M), Portugal ($57.2M), and Tunisia ($33.3M).

In 2023, the top importers of Olive oil, fractions, blends, not chemically modified were Spain ($187M), Italy ($96.9M), United States ($55.4M), Portugal ($54.2M), and Saudi Arabia ($23.2M).

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Exporters of Olive oil, fractions, blends, not chemically modified (2023)
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Importers of Olive oil, fractions, blends, not chemically modified (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Greece$47.3M
Top Destination Growth (2022 -  2023)Spain$75.2M

Between 2022 and 2023, the exports of Olive oil, fractions, blends, not chemically modified grew the fastest in Greece ($47.3M), Spain ($32.5M), Portugal ($19.6M), Italy ($16.2M), and Tunisia ($15.2M).

Between 2022 and 2023, the fastest growing importers of Olive oil, fractions, blends, not chemically modified were Spain ($75.2M), Italy ($17.8M), United States ($15M), Saudi Arabia ($7.08M), and Qatar ($5.07M).

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Exporters of Olive oil, fractions, blends, not chemically modified (2022 - 2023)

Importers of Olive oil, fractions, blends, not chemically modified (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Olive oil, fractions, blends, not chemically modified.

In 2023, market concentration measured using Shannon Entropy, was 2.45. This means that most of the exports of Olive oil, fractions, blends, not chemically modified are explained by 5 countries.

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Value of Exports in Olive oil, fractions, blends, not chemically modified

Net Trade

TOP NET EXPORTER (2023)Spain$133M
TOP NET IMPORTER (2023)United States$54.8M

This map shows which countries export or import more of Olive oil, fractions, blends, not chemically modified. Each country is colored based on the difference in exports and imports of Olive oil, fractions, blends, not chemically modified during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Olive oil, fractions, blends, not chemically modified were Spain ($133M), Greece ($115M), Tunisia ($31.5M), Turkey ($30.9M), and Italy ($17.1M).

In 2023, the countries that had a largest trade value in imports than in exports of Olive oil, fractions, blends, not chemically modified were United States ($54.8M), Saudi Arabia ($23.1M), United Kingdom ($18.1M), South Korea ($16.3M), and United Arab Emirates ($15.8M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Olive oil, fractions, blends, not chemically modified.
It is possible to select the main countries that export or import Olive oil, fractions, blends, not chemically modified in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Olive oil, fractions, blends, not chemically modified by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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