In 2023, Spain retains a commanding position in the global export of virgin olive oil, accounting for over 50% of share by kilograms, followed by Italy at a distant second with 16.82%. Portugal and Greece are also notable exporters, completing the top four. Among smaller exporters, Argentina and Chile are showing positive growth trends.
Future trends to watch include increased exports from non-traditional regions such as Argentina, which saw a 6.64% growth, and emerging markets like Moldova and Japan, which posted growth rates of 17.25% and 17.85%, respectively. Additionally, countries like Greece and Poland are experiencing notable declines, indicating potential shifts in market dynamics.
Top countries in Export of Virgin Olive Oil Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 50.23 | 2023 | +1.53% | +2.12% | View data |
| 2 | 2 Italy | 16.82 | 2023 | +0.32% | +0.57% | View data |
| 3 | 3 Portugal | 12.19 | 2023 | +4.45% | +3.49% | View data |
| 4 | 4 Greece | 7.32 | 2023 | -0.38% | -5.64% | View data |
| 5 | 5 Argentina | 1.79 | 2023 | +2.6% | +6.64% | View data |
| 6 | 6 Chile | 0.9 | 2023 | +3.37% | -0.74% | View data |
| 7 | 7 Morocco | 0.82 | 2023 | +1.19% | -0.025% | View data |
| 8 | 8 France | 0.65 | 2023 | +2.7% | +2.8% | View data |
| 9 | 9 Palestine | 0.64 | 2023 | +3.45% | +3.96% | View data |
| 10 | 10 United States | 0.33 | 2023 | +1.27% | +1.78% | View data |