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Who buys Spain’s olive oil? Export destinations 2024

In 2024, Spain exported $7 billion of olive oil (825 thousand tonnes), 43.3% of the world total. Its main destinations were Italy (26%), the United States (17%) and France (10%). Spain was the world’s largest exporter of olive oil.

Summary

Value
$7billion
Tonnes
825thousand tonnes
Share of world total
43.3%
World rank
1st
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
Italy1.8Tonnes: 229,225USD per tonne: $7,84225.7%Sea
United States1.2Tonnes: 120,801USD per tonne: $9,66816.7%Sea
France0.68Tonnes: 77,509USD per tonne: $8,8079.8%Land
Portugal0.56Tonnes: 80,967USD per tonne: $6,9058%Land
United Kingdom0.37Tonnes: 40,621USD per tonne: $9,1335.3%Sea
Japan0.24Tonnes: 23,859USD per tonne: $10,0503.4%Sea
Australia0.19Tonnes: 21,512USD per tonne: $8,8442.7%Sea
Mexico0.19Tonnes: 18,243USD per tonne: $10,2822.7%Sea
Germany0.17Tonnes: 20,348USD per tonne: $8,3432.4%Sea
China0.16Tonnes: 18,538USD per tonne: $8,8222.3%Sea
Brazil0.12Tonnes: 11,900USD per tonne: $10,4131.8%Sea
Netherlands re-exports0.12Tonnes: 15,291USD per tonne: $7,7361.7%Sea
South Korea0.12Tonnes: 11,573USD per tonne: $9,9781.7%Sea
Canada0.1Tonnes: 12,940USD per tonne: $7,6531.4%Sea
Belgium re-exports0.07Tonnes: 9,866USD per tonne: $7,5091.1%Sea
Colombia0.07Tonnes: 7,212USD per tonne: $10,0591%Sea
Switzerland0.05Tonnes: 5,057USD per tonne: $9,9070.72%Sea
Poland0.04Tonnes: 4,749USD per tonne: $9,1020.62%Sea
India0.04Tonnes: 4,658USD per tonne: $9,1500.61%Sea
New Zealand0.04Tonnes: 4,235USD per tonne: $8,2790.5%Sea

Trend

Who it sells to

Italy has been its main destination since 1996

Value in USD billions. The five largest destinations in 2024.

  • Italy 1.8
  • United States 1.2
  • France 0.68
  • Portugal 0.56
  • United Kingdom 0.37

Source: CEPII BACI

Show the numbers
Partner19952024
Italy0.121.8
United States0.051.2
France0.110.68
Portugal0.140.56
United Kingdom0.020.37

Sources and methodology

Other products of this country

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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