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Olive pomace oil: top exporters and importers (2024)

In 2024, world trade in olive pomace oil totaled $814 million (259 thousand tonnes). The top exporters were Spain (49%), Italy (16%) and Greece (11%); the top importers were Spain (20%), Italy (13%) and the United States (11%). Compared with 2019, the value rose 130%.

Summary

World trade
$814million
Tonnes
259thousand tonnes
Price per tonne
$3,142
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Spain$400 million · 49.2%
  2. Italy$128 million · 15.7%
  3. Greece$90 million · 11%
  4. Portugal$53 million · 6.5%
  5. Turkey$51 million · 6.3%
  6. Tunisia$51 million · 6.2%
  7. Morocco$11 million · 1.3%
  8. United Arab Emirates$6 million · 0.7%
  9. Germany$3 million · 0.4%
  10. United States$2 million · 0.29%
  11. France$2 million · 0.26%
  12. Netherlands$2 million · 0.22%
    re-exports
  13. Belgium$1 million · 0.17%
    re-exports
  14. Canada$1 million · 0.15%
  15. Poland$957 thousand · 0.12%
  16. Malaysia$934 thousand · 0.11%
  17. Albania$771 thousand · 0.09%
  18. Czechia$740 thousand · 0.09%
  19. Latvia$734 thousand · 0.09%
  20. South Africa$727 thousand · 0.09%

Top importers

  1. Spain$164 million · 20.1%
  2. Italy$102 million · 12.6%
  3. United States$88 million · 10.8%
  4. Portugal$52 million · 6.4%
  5. Saudi Arabia$34 million · 4.2%
  6. United Arab Emirates$26 million · 3.2%
  7. United Kingdom$24 million · 3%
  8. Poland$20 million · 2.5%
  9. Germany$19 million · 2.3%
  10. South Korea$18 million · 2.2%
  11. Russia$16 million · 1.9%
  12. Iraq$15 million · 1.9%
  13. Mexico$14 million · 1.8%
  14. China$13 million · 1.6%
  15. Japan$12 million · 1.5%
  16. Greece$11 million · 1.3%
  17. Qatar$9 million · 1.1%
  18. India$7 million · 0.88%
  19. Azerbaijan$7 million · 0.82%
  20. Netherlands$7 million · 0.8%
    re-exports

Trend

Who sells it

Spain has been the top exporter since 2008

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

  • Spain 400
  • Italy 128
  • Greece 89.6
  • Portugal 52.9
  • Turkey 51.3

Source: CEPII BACI

Show the numbers
Country19952024
Spain7.8400
Italy28.4128
Greece57.489.6
Portugal10.252.9
Turkey5.251.3

Price

Implied price

The price per tonne rose 80% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $3,142

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$1,742
1996$2,146
1997$1,278
1998$924
1999$942
2000$977
2001$846
2002$780
2003$1,156
2004$1,562
2005$1,780
2006$1,939
2007$1,850
2008$2,374
2009$1,739
2010$1,743
2011$1,926
2012$1,851
2013$2,218
2014$2,015
2015$1,886
2016$1,702
2017$2,251
2018$2,226
2019$1,617
2020$1,344
2021$1,657
2022$2,359
2023$2,735
2024$3,142

What it includes

  • 1510 · Olive pomace oil

Products in the same chapter

Sources and methodology

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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