Current year-to-date ( YTD ) data is through May 2020.

Imports: Olive oil

Olive oil, the No. 255 import by value totaled $125.11 million for the month of May, $520.81 million through May of 2020, and $1.27 billion for all of 2019, the latest annual data available, according to U.S. Census Bureau data analyzed by WorldCity. Need more details? Read more

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Top Sources

RankCountryYTD
1Italy$206.93 M
2Tunisia$103.43 M
3Spain$91.84 M
4Portugal$52.34 M
5Greece$19.73 M
6Turkey$17.7 M
7Chile$7.83 M
8Morocco$7.41 M
9Argentina$3.32 M
10Lebanon$2.96 M
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U.S. imports of Olive oil decreased 2.54 percent through May to $520.81 million

U.S. imports of Olive oil decreased 2.54 percent from $534.41 million to $520.81 million through the first five months of 2020 when compared to the same period the previous year, according to WorldCity analysis of the latest U.S. Census Bureau data.

The category ranked 255 through May among the roughly 1,265 import commodity groupings as classified by Census. It ranked No. 279 for the last full year with a total value of $1.27 billion, a $214.4 million, 14.47 percent decreased from the 2018 total.

Through May of this year the leading sources were No. 1 Italy, No. 2 Tunisia, No. 3 Spain, No. 4 Portugal and No. 5 Greece. The leading gateways were No. 1 Port of Newark, No. 2 Port of Baltimore, Md., No. 3 Port of Houston, No. 4 Port of Oakland, Calif. and No. 5 Port of Long Beach.

In the last previous full year, the leading sources were No. 1 Italy, No. 2 Spain, No. 3 Tunisia, No. 4 Turkey and No. 5 Greece. The leading gateways were No. 1 Port of Newark, No. 2 Port of Baltimore, Md., No. 3 Port of Houston, No. 4 Port of Oakland, Calif. and No. 5 Port of Los Angeles.

Looking at specific airports, seaports and border crossings, the top five through through the first five months of the year were:

Highlights for the top five ports:

  • Port of Newark rose 5.55 percent compared to last year to $227.23 million.
  • Port of Baltimore, Md. fell 12.2 percent compared to last year to $49.76 million.
  • Port of Houston fell 28.23 percent compared to last year to $34.44 million.
  • Port of Oakland, Calif. fell 26.38 percent compared to last year to $32.33 million.
  • Port of Long Beach rose 5.72 percent compared to last year to $29.86 million.

There are several hundred airports, seaports and border crossings that handle international trade; they are, in turn, part of the roughly four dozen U.S. Customs districts.

Highlights for the top five foreign markets:

  • U.S. imports from No. 1 Italy increased $1.04 million, 0.51 percent, (39.73 percent market share).
  • U.S. imports from No. 2 Tunisia increased $52.36 million, 102.52 percent, (19.86 percent market share).
  • U.S. imports from No. 3 Spain decreased $109.57 million, 54.4 percent, (17.63 percent market share).
  • U.S. imports from No. 4 Portugal increased $45.2 million, 632.73 percent, (10.05 percent market share).
  • U.S. imports from No. 5 Greece decreased $270,059, 1.35 percent, (3.79 percent market share).

All totaled, 91.06 percent of all these Olive oil imports to the United States were shipped from the top five markets through May of this year. That is equal to $474.25 million of the $520.81 million total.

All totaled, 71.74 percent of all these Olive oil imports to the United States were shipped to the top five Ports through May of this year. That is equal to $373.61 million of the $520.81 million total