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150990 (Harmonized System 1992 for 6-digit)

2022
World Trade $2.17BRnk 1416 / 4648
2022
Top Exporter | Top Importer $1.11B | $460MSpain | United States
2022
Product Complexity -1.12Rnk 3951 / 4653
2021 - 2022
Export Growth (CAGR) 54.3%Rnk 153 / 4648
2022
Share of World Trade 0.0091%Rnk 1416 / 4648

About

Overview This page contains the latest trade data of Olive oil, fractions, refined, not chemically modifie. In 2022, Olive oil, fractions, refined, not chemically modifie were the world's 1416th most traded product, with a total trade of $2.17B. Between 2021 and 2022 the exports of Olive oil, fractions, refined, not chemically modifie grew by 54.3%, from $1.4B to $2.17B. Trade in Olive oil, fractions, refined, not chemically modifie represent 0.0091% of total world trade.

Olive oil, fractions, refined, not chemically modifie are a part of Pure Olive Oil.

Exports In 2022 the top exporters of Olive oil, fractions, refined, not chemically modifie  were Spain ($1.11B), Italy ($274M), Portugal ($147M), Turkey ($106M), and Oman ($90.4M).

Imports In 2022 the top importers of Olive oil, fractions, refined, not chemically modifie were United States ($460M), India ($260M), Italy ($255M), Portugal ($118M), and United Kingdom ($91.4M).

Ranking Olive oil, fractions, refined, not chemically modifie ranks 3951st in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Olive oil, fractions, refined, not chemically modifie. 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 (2022)Spain$1.11B
Top Destination (2022)United States$460M

In 2022 Olive oil, fractions, refined, not chemically modifie were the world's 1416th most traded product (out of 4,648).

In 2022, the top exporters of Olive oil, fractions, refined, not chemically modifie were Spain ($1.11B), Italy ($274M), Portugal ($147M), Turkey ($106M), and Oman ($90.4M).

In 2022, the top importers of Olive oil, fractions, refined, not chemically modifie were United States ($460M), India ($260M), Italy ($255M), Portugal ($118M), and United Kingdom ($91.4M).

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Exporters of Olive oil, fractions, refined, not chemically modifie (2022)
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Importers of Olive oil, fractions, refined, not chemically modifie (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Spain$314M
Top Destination Growth (2021 -  2022)India$227M

Between 2021 and 2022, the exports of Olive oil, fractions, refined, not chemically modifie grew the fastest in Spain ($314M), Oman ($90.3M), Saudi Arabia ($85.6M), Italy ($61.2M), and Iraq ($57.5M).

Between 2021 and 2022, the fastest growing importers of Olive oil, fractions, refined, not chemically modifie were India ($227M), United States ($107M), Italy ($93.3M), France ($54.7M), and Spain ($54.5M).

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Exporters of Olive oil, fractions, refined, not chemically modifie (2021 - 2022)

Importers of Olive oil, fractions, refined, not chemically modifie (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 2.8. This means that most of the exports of Olive oil, fractions, refined, not chemically modifie are explained by 6 countries.

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Value of Exports in Olive oil, fractions, refined, not chemically modifie

Net Trade

TOP NET EXPORTER (2022)Spain$1.02B
TOP NET IMPORTER (2022)United States$430M

This map shows which countries export or import more of Olive oil, fractions, refined, not chemically modifie. Each country is colored based on the difference in exports and imports of Olive oil, fractions, refined, not chemically modifie during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Olive oil, fractions, refined, not chemically modifie were Spain ($1.02B), Turkey ($105M), Oman ($88M), Saudi Arabia ($69.6M), and Greece ($64.1M).

In 2022, the countries that had a largest trade value in imports than in exports of Olive oil, fractions, refined, not chemically modifie were United States ($430M), India ($260M), United Kingdom ($88.3M), Brazil ($77.5M), and Japan ($57.5M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Olive oil, fractions, refined, not chemically modifie 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 (2022)

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