Trade in olive oil and olive-pomace oil in the eight markets in the table below and with two months to go before the end of the 2017/18 crop year (October 2017 – July 2018), point to an increase of 29% in Brazil; 12% in Canada; 4% in the US; 2% in Russia; and 1% in both Australia and Japan. As for China, there have been no data since April 2018; there was a decrease of 8% compared to the previous year in the first six months of this crop year.
The figures for the EU [data for July 2018 were not available at the time of writing] for the first nine months of the current crop year indicate that extra-EU imports increased by 91%, where Tunisia was the biggest contributor to this increase. Intra-EU acquisitions fell by 6% compared to the same period the previous year.
International Olive Council