Olive Oil: Our country is the fourth largest exporter of the European Union
Over 1.6 million tonnes of olive oil, worth a total of 5.7 billion euros, were exported by the European Union in 2018, with 1 million of them (67%) ending up in other EU countries, according to figures. released by Eurostat.
Friday, December 13, 2019
As for exports to third countries, Spain was the largest exporter by 2018, exporting 301,400 tonnes of olive oil, representing 52% of EU exports of olive oil. to third countries. It was followed by Italy with 191,000 tonnes (33%), Portugal with 56,000 tonnes (10%) and Greece with 20,600 tonnes (4%).
It is noteworthy that these four countries together account for 99% of EU exports of olive oil to third countries.
The third largest importer of olive oil from the EU is the United States with 203,000 tonnes (35% of exports to third countries). countries) followed by Brazil with 65,000 tonnes (11%), Japan with 52,000 tonnes (9%), China with 35,000 tonnes (6%), Canada with 31,000 tonnes (5%) and Australia with 29,000 tonnes (5%). As for imports, EU Member States imported 1.2 million tonnes of olive oil in 2018, totaling € 3.9 billion. 85% of these imports (1 million tonnes) came from other EU countries.