import/export / page 4

Aug. 25, 2020

Europe Removes Tariffs on U.S. Lobsters in Bid to De-Escalate Trade Tensions

In return for removing $111 million tariffs on lobster imports, the United States will eliminate $160 million in tariffs on a range of goods. Observers see this as the first step in de-escalating trade tensions that led to the imposition of a 25 percent tariff on some Spanish olive oils.

Aug. 24, 2020

German Chancellor Casts Doubt Over Landmark E.U.-Mercosur Trade Deal

Angela Merkel is concerned that dropping E.U. tariffs on some agricultural products from Brazil will expedite deforestation in the Amazon rainforest.

Aug. 19, 2020

U.S. Rejects E.U. Demand to Drop Tariffs on Agricultural Goods

Tariffs on Spanish olive oil and French and Spanish table olives will remain at 25 percent however, after the U.S. opted not to increase them.

Jun. 24, 2020

This Olive Oil Importer Knows How to Find Winners

For 30 years, Rolando Beramendi has been importing his favorite Italian olive oils to the U.S., one harvest at a time.

Jun. 19, 2020

Proposed Standard Would Imperil Greek Exports, Trade Group Warns

Greek trade representatives question the motives behind a "standard of identity" proposed by Spain's Deoleo and an American importers group.

Jun. 12, 2020

E.U. Threatens to Impose Retaliatory Tariffs on U.S.

The United States has been found to be illegally subsidizing Boeing and the World Trade Organization is set to announce what punitive measures the European Union can take. New tariffs may be on the horizon.

Jun. 5, 2020

USDA Predicts Global Olive Oil Production To Decrease Again

The United States Department of Agriculture predicts that global olive oil production will fall by nearly three percent, to 3.03 million tons, in the 2020/21 crop year.

May. 5, 2020

Pandemic Delays Argentina's Exports

Dropping demand for table olives and olive oil in Brazil combined with low prices for both mean many producers are having problems remaining solvent. Some are getting emergency loans while others cut costs.

Apr. 29, 2020

Tunisia Exports 146,000 Tons of Olive Oil Amid Covid-19 Crisis

While Tunisia's exports of olive oil slowed during the coronavirus crisis, the country had seen relative success in continuing activity and reaching foreign markets.

Apr. 28, 2020

Argentina Exits Mercosur Trade Negotiations

The move comes as a blow to olive oil producers who may lose out while the rest of the bloc negotiates free trade deals with South Korea and Canada. Argentina will continue working with the Mercosur to implement a previously agreed deal with the European Union.

Apr. 24, 2020

Coronavirus Crisis Hits Small Producers Hardest in Portugal

Domestic consumption has dried up as restaurants close and hotel rooms sit empty. Exports have also dropped as countries around the world cancel their orders for Portuguese oil.

Apr. 21, 2020

Italian Production in 2019 Exceeds Initial Estimates

Italian olive oil production reached 365,000 tons, an increase of 110 percent compared to 2018 and 25,000 tons higher than initial estimates. Consumption, imports and exports also increased.

Apr. 21, 2020

Mixed Fortunes for European Olive Oil Sector Amid Covid-19 Pandemic

Olive oil consumption has crept up as a result of the pandemic and prices of extra virgin, virgin and lampante olive oils have started to stabilize. However, both exports and imports are expected to fall.

Apr. 17, 2020

EU-Vietnam Trade Agreement Opens Door for European Producers

The new free trade agreement signed by the European Union and Vietnam will eliminate tariffs on olive oil imports, creating new opportunities for Spanish, Italian and Greek producers to tap into a growing market.

Apr. 13, 2020

U.S. Olive Oil Imports Fall Due to Coronavirus

The U.S. olive oil import market has seen significant declines in the first two months of 2020, with a continued fall predicted for the remainder of the year.

Apr. 6, 2020

Argentina Olive Harvest Begins Amid Covid-19 Lockdown

As the coronavirus spreads through Argentina, olive growers and oil producers are facing complications both during and after the harvest. Small producers are likely to be impacted the most.

Apr. 2, 2020

Transporters Warn of Effects of Covid-19 Measures on Food Supply

European logistics firms fear the quarantine measures and bureaucratic hurdles, while consumer demand keeps growing.

Apr. 1, 2020

As Harvest Begins in Rio Grande Do Sul, Brazil Records First Exports

Over the past two decades, olive oil production in southern Brazil has gone from one man's dream to a small but booming industry. As the 2020 harvest gets underway, producers in Rio Grande do Sul prepare for another trailblazing year.

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