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World trade of olive oil, opening of the 2017/18 crop year

International Olive Council

World trade of olive oil, opening of the 2017/18 crop year

Production

Imports of olive oil and olive pomace oil in the eight markets that appear in the table below began the first four months of the 2017/18 crop year (October 2017–January 2018) with increases in Brazil (8%), in Japan (5%), while in China imports remained stable compared to the same period the previous crop year. Imports however decreased in Australia by 29%, in the United States by 4% and in Canada by 1%. Although data for Russia were not available for the month of January, its imports increased by 4% over the first three months of the crop year.

In the first three months of the crop year, the EU [EU data for January 2018 were not available at the time of publishing] posted a 19% year-on year increase in extra-EU imports and a decrease of intra-EU acquisitions of 9%.

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