Spain: Exports of Andalusian table olives reach 470 million and increase by 1.5% abroad

Published 2024년 1월 8일

Tridge summary

Andalusia has broken a sales record and maintained its position as the top exporter of table olives in Spain from January to October 2023, with a bill of 470 million euros, resulting in a trade surplus of 463 million euros and a coverage rate of 7,442%. Seville led the way with 74% of Andalusian olive exports, and the industry demonstrated high competitiveness despite water resource challenges. Sales were diversified, with Europe accounting for 49%, America for 30%, and Asia for 17.4%, with notable growth in the top ten destination markets, including the United States, Italy, and Saudi Arabia.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Andalusia breaks a sales record and consolidates itself as the leader in exports of table olives in Spain in the period from January to October 2023, thanks to a bill totaling 470 million euros, motivated by a growth of 1.5% year-on-year. These positive data have facilitated a trade surplus of 463 million euros and a coverage rate of 7,442%, that is, 4311 points above the national rate, which means that Andalusia has sold 75 times more than it has bought. foreign trade in the first ten months of 2023. 136 exporting companies According to reports from Andalusia TRADE-Business Agency for the Transformation and Economic Development of the Junta de Andalucía, the data reveal that, despite the drought that has affected the entire national territory, and in particular, the Andalusian community, the sector has resisted a critical situation, so that it has managed to maintain its leadership in table olive exports, and also concentrates 68% of Spain's total sales, 50 points ahead of the ...
Source: Oleorevista

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