The increase in oil exports to the U.S. undermines the effect of tariffs on this product.

For the agrarian organization, this data "dismantles the biased news stories that talk about losses in the North American market," as the sales are growing in volume, "and the drop in value is due to global price speculation." Despite the tariffs imposed by the Donald Trump administration and the biased reports that try to sow doubt, official data confirm that exports of Spanish olive oil to the United States have increased by more than 14% in the first two-thirds of a campaign nearing its end. According to the latest Bulletin of Foreign Trade of Olive Oil from the Ministry of Agriculture, the monthly average of exports stands at 79,223 tons, a figure much higher than the 63,768 recorded at this time last campaign. Internationally, the growth of Spanish exports has been steady throughout the campaign, especially between the months of January and May. Notable is the increase to Italy (+58%), due to the low production in that country, to Portugal (+17%) and to the United States ...