Argentina: Olive exports grew by 26%

Published 2024년 9월 5일

Tridge summary

The olive sector in San Juan, Argentina, has seen a 26% increase in exports in value and 27% increase in volume compared to the same period in 2023, with olive oil being the primary export. Despite a decrease in volume, the sector experienced an 11% increase in value. Preserved olives, on the other hand, saw a significant doubling in value and volume. San Juan, with over 15,000 hectares of olive groves, is the leading producer and exporter of extra virgin olive oil in Argentina. Argentina ranked 8th in the world in olive oil exports in 2023, with a 109% increase due to higher international prices from a global shortage.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

(NAP) The olive sector of San Juan registered exports for US$ 17,210,643 and 4,591,198 kilograms, figures that represent 26% more than the same period in 2023 in FOB values and 27% volume according to the databases available by the Directorate of Foreign Trade of San Juan. The annual alternation of production, added to factors such as the water crisis, explain a lower exportable supply of olive oil, in a favorable international context for our country. The main exported product of this sector was olive oil. Its growth was 11% in FOB value, with more than US$ 13 million generated and a reduction in volume of 15%. Preserved olives, however, showed a restoration of 127% in FOB value, close to US$ 3.9 million and 90% in volume, exceeding 2.7 million kilograms. It is important to highlight this second growth rate by doubling shipments in kilograms. In the first half of 2023, preserved olives represented almost 40% of shipments in volume, while in the first half of this year this ...

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