Business

Andalusia's Exports Reach Record €2.5 Billion

The Spanish region surpassed €2.5 billion in olive oil exports in 2016, setting a new record.

Mar. 5, 2017
By Eduardo Hernandez

Recent News

The Span­ish region Andalu­sia sur­passed €2.5 bil­lion in olive oil exports in 2016, set­ting a new record. The world’s lead­ing olive oil-pro­duc­ing region exported 75 per­cent of the Spain’s total for the year, accord­ing to data released by the Agen­cia Andaluza de Pro­mo­ción Exte­rior (Extenda).

Andalu­si­a’s exports of €2.534 bil­lion rep­re­sented an increase of 21.2 per­cent from the year before and €300 mil­lion more than that of 2014.

Vir­gin oil it accounted for 73 per­cent of the exports and the sales for the prod­uct ended at a gen­er­ous €1.85 bil­lion, a 21.4‑percent increase over 2015.

All of the top ten mar­kets for Spain increased their pur­chases of Andalu­sian olive oils in 2016:

  • Italy bought 30 per­cent of the Andalu­sian exports with a total value of €761 mil­lion, or 11.2 per­cent more than in 2015;
  • In sec­ond place was the United States which imported €367 mil­lion from Andalu­sia — 60 per­cent more than in 2015 and 14.5 per­cent of the Span­ish region’s export total;
  • Por­tu­gal brought in €266 mil­lion, a 26.6 per­cent increase that accounted for 10 per­cent of the total;
  • France took in €226 mil­lion of Andalu­sian olive oil, a 16.9 per­cent rise (8.9 per­cent of the total);
  • The United King­dom imported €108 mil­lion worth of olive oil from the Span­ish region, a 9.3 per­cent increase.
  • China was in sixth place with €108 mil­lion (an increase of 11 per­cent) and Japan’s imports totaled €84 mil­lion ( a 2.9‑percent rise).
  • Nearly dou­bling its Andalu­sian imports, Aus­tralia reg­is­tered a total of €63 mil­lion, 85 per­cent over the pre­vi­ous year, and Ger­many increased its pur­chases by 95 per­cent to €51 mil­lion.

Seville led the region in export sales with a total of €1.219 bil­lion, or 48 per­cent of the Andalu­sian total, up by one-third from the pre­vi­ous year.

Advertisement

Cór­doba was in sec­ond place with €535 mil­lion and accounted for 21.1 per­cent of the mar­ket. Málaga reg­is­tered €349 mil­lion with an increase of 16 per­cent in sales, fol­lowed by Jaén with a €265 mil­lion account­ing for 10.5 per­cent of the total.

Granada exported a value of €144 mil­lion (5.7 per­cent of the total) — 33 per­cent less than in 2015. Almería had 13.4 mil­lion in sales and a slight rise of 1.8 per­cent.

The region of Andalu­sia alone exported almost €1 bil­lion more in olive oil than all of Italy.

U.S. sales of olive oil from Andalu­sia tripled from 2010 to 2016 to reach €367 mil­lion last year. Sales to China rose to €108 mil­lion — three times the Ital­ian exports to the grow­ing olive oil mar­ket.



Related News