Italian olive oil Exports grew to over three billion euros and the trade deficit reduced by 84.3 percent, pending a production recovery in the current season
This is the snapshot of the national olive oil sector provided by ISMEA in a recent report, which highlights how last year, oil exports grew by 6.8 percent year-on-year, reaching 344,000 tons and generating a value of 3.9 billion euros, 42.6 percent higher than in 2023. Thanks to this, Italy remained the world’s second-largest exporter in 2024, with a 20 percent share.
This demonstrates the strategic importance of a sector that, despite the 24 percent decline experienced in the previous season, has held firm thanks to its structural strength, which should already allow for a significant recovery in volumes from the current season.
Title: Italian olive oil exports: many lights and few shadows
Translation with ChatGPT
