Spain leads as the top exporter of olive oil, with 2023 figures at $3.5 billion USD, showcasing a robust global presence. Italy and Greece follow, with export values of $1.7 billion USD and $0.65 billion USD respectively, completing the top three. Portugal's exports stand at $0.46 billion USD, closely followed by Tunisia at $0.40 billion USD. Lesser players include Turkey, Argentina, France, Morocco, and Chile, each with exports below $0.07 billion USD.
Future trends to watch:
- Increased demand from non-traditional markets may stimulate growth in smaller economies.
- Sustainability and organic practices could reshape industry dynamics.
- Technological advancements in production may cap production costs, enhancing competitiveness.
- Potential impact of climate change on yield and quality could affect top exporters.
Top countries in Top Exporters of Olive Oil
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 Spain | 3,500 | 2016 | |
| 2 | 2 Italy | 1,700 | 2016 | |
| 3 | 3 Greece | 646.48 | 2016 | |
| 4 | 4 Portugal | 456.21 | 2016 | |
| 5 | 5 Tunisia | 402.45 | 2016 | |
| 6 | 6 Turkey | 69.63 | 2016 | |
| 7 | 7 Argentina | 59.51 | 2016 | |
| 8 | 8 France | 54.28 | 2016 | |
| 9 | 9 Morocco | 53.79 | 2016 | |
| 10 | 10 Chile | 46.93 | 2016 |
