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Exports In 2022, Russia exported $209k in Olive Oil, making it the 25th largest exporter of Olive Oil in the world. At the same year, Olive Oil was the 1049th most exported product in Russia. The main destination of Olive Oil exports from Russia are: Mongolia ($103k), Kazakhstan ($95.3k), Greece ($9.23k), Azerbaijan ($593), and Tajikistan ($568).

The fastest growing export markets for Olive Oil of Russia between 2021 and 2022 were Mongolia ($103k), Greece ($9.23k), and South Korea ($42).

Imports In 2022, Russia imported $14.1M in Olive Oil, becoming the 12th largest importer of Olive Oil in the world. At the same year, Olive Oil was the 734th most imported product in Russia. Russia imports Olive Oil primarily from: Spain ($7.97M), Italy ($3.45M), Lithuania ($786k), Greece ($565k), and Turkey ($420k).

The fastest growing import markets in Olive Oil for Russia between 2021 and 2022 were Finland ($390k), Turkey ($248k), and Armenia ($221k).

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Olive Oil. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$209k
IMPORTS (2022)$14.1M
NET TRADE (2022)-$13.9M

In 2022, Russia exported $209k in Olive Oil. The main destinations of Russia exports on Olive Oil were Mongolia ($103k), Kazakhstan ($95.3k), Greece ($9.23k), Azerbaijan ($593), and Tajikistan ($568).

In 2022, Russia imported $14.1M in Olive Oil, mainly from Spain ($7.97M), Italy ($3.45M), Lithuania ($786k), Greece ($565k), and Turkey ($420k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Olive Oil EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Mongolia$103k (1%)
Greece$9.23k (1%)
South Korea$42 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Olive Oil BY Russia WERE (2021 - 2022):
Kazakhstan-$108k (-53.2%)
Belarus-$68.9k (-100%)
Ukraine-$25.3k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Olive Oil were:
Spain $322M
Italy $115M
Greece $69.6M
In 2022, Russia's main importing competitors in Olive Oil were:

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Trade Value of Olive Oil by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGreece+ $5.24k
TOP IMPORT POTENTIALGreece+ $333k

Olive Oil’s highest export potential is Greece. With an export gap of $5.24k.   Olive Oil’s highest import potential is Greece with an import gap of $333k.

See methodology.

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