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Vegetable oils; oils and their fractions n.e.c. in heading 1510, obtained solely from olives, whether or not refined, but not chemically modified, including blends of these oils or fractions with oils or fractions of heading no. 1509

151090 (Harmonized System 2022 for 6-digit)

2022
World Trade $430MRnk 3351 / 5606
2022
Top Exporter | Top Importer $281M | $41.7MSpain | United States
2022
Product Complexity -0.79Rnk 4412 / 5606
2022
Share of World Trade 0.0018%Rnk 3351 / 5606

About

Overview This page contains the latest trade data of Other types of olive oils and fractions including blends. In 2022, Other types of olive oils and fractions including blends were the world's 3351st most traded product, with a total trade of $430M.

Other types of olive oils and fractions including blends are a part of Olive Oil.

Exports In 2022 the top exporters of Other types of olive oils and fractions including blends  were Spain ($281M), Italy ($81.7M), Turkey ($26.7M), Greece ($13.8M), and Portugal ($6.13M).

Imports In 2022 the top importers of Other types of olive oils and fractions including blends were United States ($41.7M), Italy ($41M), Portugal ($35.4M), United Arab Emirates ($26.3M), and Saudi Arabia ($19.9M).

Ranking Other types of olive oils and fractions including blends ranks 4412th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Other types of olive oils and fractions including blends. 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$281M
Top Destination (2022)United States$41.7M

In 2022 Other types of olive oils and fractions including blends were the world's 3351st most traded product (out of 5,606).

In 2022, the top exporters of Other types of olive oils and fractions including blends were Spain ($281M), Italy ($81.7M), Turkey ($26.7M), Greece ($13.8M), and Portugal ($6.13M).

In 2022, the top importers of Other types of olive oils and fractions including blends were United States ($41.7M), Italy ($41M), Portugal ($35.4M), United Arab Emirates ($26.3M), and Saudi Arabia ($19.9M).

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Exporters of Other types of olive oils and fractions including blends (2022)
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Importers of Other types of olive oils and fractions including blends (2022)
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Market Dynamics

Color
Top Origin Growth (false -  2022)Spain$281M
Top Destination Growth (false -  2022)United States$41.7M

Between false and 2022, the exports of Other types of olive oils and fractions including blends grew the fastest in Spain ($281M), Italy ($81.7M), Turkey ($26.7M), Greece ($13.8M), and Portugal ($6.13M).

Between false and 2022, the fastest growing importers of Other types of olive oils and fractions including blends were United States ($41.7M), Italy ($41M), Portugal ($35.4M), United Arab Emirates ($26.3M), and Saudi Arabia ($19.9M).

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Exporters of Other types of olive oils and fractions including blends (NaN - 2022)

Importers of Other types of olive oils and fractions including blends (NaN - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Other types of olive oils and fractions including blends.

In 2022, market concentration measured using Shannon Entropy, was 1.77. This means that most of the exports of Other types of olive oils and fractions including blends are explained by 3 countries.

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Value of Exports in Other types of olive oils and fractions including blends

Net Trade

TOP NET EXPORTER (2022)Spain$274M
TOP NET IMPORTER (2022)United States$40.9M

This map shows which countries export or import more of Other types of olive oils and fractions including blends. Each country is colored based on the difference in exports and imports of Other types of olive oils and fractions including blends during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Other types of olive oils and fractions including blends were Spain ($274M), Italy ($40.7M), Turkey ($25.5M), Greece ($7.59M), and Morocco ($898k).

In 2022, the countries that had a largest trade value in imports than in exports of Other types of olive oils and fractions including blends were United States ($40.9M), Portugal ($29.3M), United Arab Emirates ($22.2M), Saudi Arabia ($19.9M), and Mexico ($19.2M).

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 Other types of olive oils and fractions including blends.
It is possible to select the main countries that export or import Other types of olive oils and fractions including blends in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Other types of olive oils and fractions including blends 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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