Sales of Spanish olive oil in China grew by 10.2% in volume and 48% in value

Sales of Olive Oils from Spain in the 2021-2022 campaign in China grew by 10.25% in volume, standing at 45,840 tons, which meant an increase in value of 48%, to close to 177 million euros, according to the data released by China Customs. These figures could not be more positive for the Spanish Olive Oil sector, says Pedro Barato, president of the Spanish Olive Oil Interprofessional, who points out that "in order for us to get a precise idea of what it means, our most immediate competitor exported 2,830 tons, 16 times less”. This advance in sales has allowed China to position itself this year as the second buyer outside of Europe, behind the United States. In addition, the Chinese have risen to fifth overall among our best customers in the world, surpassing Japan and the United Kingdom, who traditionally competed for that position until last year. But, much more impressive than the volume of sales is the value of exports, "reaching 177 million euros means that the value has grown ...