At the start of 2014/15 trade in olive oil and olive pomace oil got off to a good start in 2014/15 in the majority of the countries. In the first two months of the crop year (October and November 2014), imports were higher in Russia (+30 pc), Australia (+19 pc), Brazil (+10 pc), Japan (+8 pc), China (+7 pc), Canada (+6 pc) and the United States (+3 pc) compared with the same two-month period a year earlier. November 2014 data were not available for the EU at the time of publication but the October 2014 data show a 2 pc increase in intra-EU acquisitions and a decrease of 53 pc in extra-EU imports compared with October 2013.
At the start of 2014/15 in October and November 2014, the first two months of the 2014/15 crop year, table olive imports in the six countries listed in the table were higher in the cases of Russia (+10 pc) and Brazil (+1 pc) versus the same period a season earlier but lower in Australia (-12 pc), Canada (-10 pc) and the United States (-6 pc). At this time, the November 2014 data were not available for the EU but in October 2014, the first month of the new crop year, intra-EU acquisitions were 1 pc lower than in October 13 whereas extra-EU imports were 34 pc higher.
Source: International Olive Council