Código 150990 (Harmonized System 2012 by 6 digits)
2024: US$47.7M, Total Trade Exchange
2024: US$4.03M, International Sales
2024: US$43.6M, International Purchases
In 2024, the trade exchange (includes international purchases and sales) of Olive Oil and its Fractions Obtained from the Olive Tree Solely by Mechanical or Physical Means do not Affect the Oil, "Virgin" Treaty, not Chemically Modified was US$47.7M.
In 2023, the main commercial destinations of Olive Oil and its Fractions Obtained from the Olive Tree Solely by Mechanical or Physical Means do not Affect the Oil, "Virgin" Treaty, not Chemically Modified were United States (US$1.26M), Guatemala (US$47.1k), Honduras (US$371), and Germany (US$12).
The main commercial origins of Olive Oil and its Fractions Obtained from the Olive Tree Solely by Mechanical or Physical Means do not Affect the Oil, "Virgin" Treaty, not Chemically Modified in 2024 were Spain (US$34.9M), Argentina (US$4.03M), Chile (US$1.76M), Italy (US$1.52M), and Tunisia (US$700k).
In the global context, the main exporting countries of Olive Oil and its Fractions Obtained from the Olive Tree Solely by Mechanical or Physical Means do not Affect the Oil, "Virgin" Treaty, not Chemically Modified in 2022 were Spain (US$1.1B), Italy (US$291M), and Portugal (US$174M). In the same year, the main importing countries of Olive Oil and its Fractions Obtained from the Olive Tree Solely by Mechanical or Physical Means do not Affect the Oil, "Virgin" Treaty, not Chemically Modified were United States (US$484M), India (US$264M), and Italy (US$219M).
US$47.7M, Total Trade Exchange (2024)
In 2024, the total trade exchange of Olive Oil and its Fractions Obtained from the Olive Tree Solely by Mechanical or Physical Means do not Affect the Oil, "Virgin" Treaty, not Chemically Modified in Mexico (including international purchases and sales) was US$47.7M.
The visualizations show the net balance of Olive Oil and its Fractions Obtained from the Olive Tree Solely by Mechanical or Physical Means do not Affect the Oil, "Virgin" Treaty, not Chemically Modified at the level of states and countries. Colors more similar to blue, indicate that the territory presented a higher level of international sales. Colors more similar to red, indicate that the territory presented a higher level of international purchases.
May, 2025
In May 2025, international sales of Olive Oil and its Fractions Obtained from the Olive Tree Solely by Mechanical or Physical Means do not Affect the Oil, "Virgin" Treaty, not Chemically Modified were US$154k, while international purchases reached US$882k. The above results in a trade balance of -US$728k.
United States: US$1.26M, Main commercial destination (2023)
In 2023, the countries with the most international purchases from Mexico were United States (US$1.26M), Guatemala (US$47.1k), Honduras (US$371), and Germany (US$12).
The RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Olive Oil and its Fractions Obtained from the Olive Tree Solely by Mechanical or Physical Means do not Affect the Oil, "Virgin" Treaty, not Chemically Modified and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Olive Oil and its Fractions Obtained from the Olive Tree Solely by Mechanical or Physical Means do not Affect the Oil, "Virgin" Treaty, not Chemically Modified. On the other hand, high levels of complexity (ECI) are associated with higher levels of income, potential for economic growth, lower income inequality and lower emissions.
The visualizations show the global market for Olive Oil and its Fractions Obtained from the Olive Tree Solely by Mechanical or Physical Means do not Affect the Oil, "Virgin" Treaty, not Chemically Modified. In both charts, Mexico stands out in order to identify its participation in the export and import market.
In 2022, the main exporting countries of Olive Oil and its Fractions Obtained from the Olive Tree Solely by Mechanical or Physical Means do not Affect the Oil, "Virgin" Treaty, not Chemically Modified were Spain (US$1.1B), Italy (US$291M), and Portugal (US$174M). In the same year, the main importing countries for Olive Oil and its Fractions Obtained from the Olive Tree Solely by Mechanical or Physical Means do not Affect the Oil, "Virgin" Treaty, not Chemically Modified were United States (US$484M), India (US$264M), and Italy (US$219M).