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Where does Spain get its olive oil? Import sources 2024

In 2024, Spain imported $1.5 billion of olive oil (230 thousand tonnes), 9.4% of the world total. Its main sources were Portugal (47%), Tunisia (26%) and Turkey (8%). Spain was the world’s 3rd-largest importer of olive oil.

Summary

Value
$1.5billion
Tonnes
230thousand tonnes
Share of world total
9.4%
World rank
3rd
Routes from the main sources. Width: value; color: estimated transport mode.SeaAirLand

Sources

The 20 main sources in the latest year.

PartnerValue (USD millions)TonnesUSD per tonneShareMode
Portugal717Tonnes: 118,495USD per tonne: $6,04947.3%Land
Tunisia390Tonnes: 50,838USD per tonne: $7,66825.7%Sea
Turkey116Tonnes: 19,658USD per tonne: $5,8767.6%Sea
Italy105Tonnes: 13,855USD per tonne: $7,5836.9%Sea
Egypt47.9Tonnes: 6,406USD per tonne: $7,4713.2%Sea
Syria31.5Tonnes: 6,468USD per tonne: $4,8712.1%Sea
Morocco24.8Tonnes: 3,854USD per tonne: $6,4311.6%Sea
Argentina24.6Tonnes: 2,090USD per tonne: $11,7941.6%Sea
Greece20.2Tonnes: 2,900USD per tonne: $6,9741.3%Sea
Chile13.5Tonnes: 1,654USD per tonne: $8,1710.89%Sea
France12.1Tonnes: 1,708USD per tonne: $7,0890.8%Land
Lebanon6.5Tonnes: 748USD per tonne: $8,6630.43%Sea
Peru3.3Tonnes: 555USD per tonne: $5,9640.22%Sea
Saudi Arabia0.87Tonnes: 118USD per tonne: $7,3870.06%Sea
Uruguay0.76Tonnes: 132USD per tonne: $5,7970.05%Sea
Azerbaijan0.6Tonnes: 108USD per tonne: $5,5720.04%Sea
Germany0.4Tonnes: 25USD per tonne: $16,0030.03%Sea
Slovakia0.38Tonnes: 51USD per tonne: $7,5330.03%Sea
Belgium re-exports0.3Tonnes: 37USD per tonne: $8,0560.02%Sea
Netherlands re-exports0.27Tonnes: 75USD per tonne: $3,5860.02%Sea

Trend

Who it buys from

Portugal has been its main source since 2021

Value in USD millions. The five largest sources in 2024.

  • Portugal 717
  • Tunisia 390
  • Turkey 116
  • Italy 105
  • Egypt 47.9

Source: CEPII BACI

Show the numbers
Partner19952024
Portugal13717
Tunisia89.4390
Turkey76.6116
Italy54.6105
Egypt0.0147.9

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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