Economy

Brazilian imports of olive oil and olive-pomace oil

Have risen by 28% over the course of the 2017/18 crop year, reaching 76 816.6 tonnes compared to the previous crop year and surpassing the average volumes of the last four crop years. Portugal, the main exporter

International Olive Council

Brazilian imports of olive oil and olive-pomace oil

As regards the provenance of imports, 82% of the total came from European countries: 59% from Portugal, 16% from Spain, 6% from Italy and 1% from Greece. The remaining 18% came from Argentina (10%), Chile (7%) and other countries (1%).

Table 1 shows import trends over the last five crop years. It shows how Portugal, the main exporter to Brazil, maintains not only its leading position in this market, in both absolute and relative values, but also strengthens its section of the market compared to the previous crop year. Imports have risen by 5% during the period given in Table 1.

Graph 1 shows Brazilian import trends over the last 20 crop years. We can see a continuous increase up until the 2012/13 crop year, before a light fall linked to the economic crisis and the devaluation of the Brazilian currency.

Brazilian imports start to pick up in 2015/16 to reach their peak during the last crop year.

The monthly movements of this market are show in Section I.1.

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