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Tunisia: value of olive oil exports soars 180%

The value of olive oil exports has increased by 180%, from the beginning of the export season from 1 November 2017 to 30 April 2018, posting a 12% increase in the average export price, compared to the same period last year, the Ministry of Agriculture, Water Resources and Fisheries said in a statement on Thursday, May 10, 2018.

The quantities exported reached a value of 1,356 million dinars (MD), against 484 MD, in 2017.

The quantities of packaged olive oil exported amounted to 8,967 tons against 7,601 tons during the same period of the previous season, up 20% in quantity and 37% in value.

France and Canada rank first in the importing countries of Tunisian packaged olive oil with 26% each, followed by the United States (10%), Saudi Arabia (8%), the United Arab Emirates/ Brazil (7%), New Zealand (4%), Switzerland / Oman / Japan (2%), Denmark / Kuwait (1%) …

The quantities of olive oil exported in bulk amounted to 125,436 tons compared to 46,100 tons in the same period of the previous season, i.e. an increase of 172% in quantity and 210% in value.

Spain and Italy are the countries that import the most with 34% for each, followed by the United States (18%), Portugal (4%), France / Morocco (3%), Seychelles (1%)…

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