Andalusia leads the world olive oil market with record exports in 2024

 

Andalucía has consolidated its position as the undisputed leader in the global market for olive oil, reaching a historic milestone in exports during the first eleven months of 2024. With an impressive total of €4.250 billion in international sales, the region has seen a 43% increase compared to the same period last year. This achievement not only surpasses the previous record of €3.060 billion set in 2022, but also represents a €1.000 billion increase in exports.

 

The Andalusian community stands out for concentrating 76% of all olive oil exported by Spain, which is equivalent to three out of every four euros generated by sales of this product at a national level. This leadership is reinforced by the exceptional quality of its olive oil, with 64% of sales corresponding to the extra virgin category, reflecting the sector's commitment to offering products of the highest quality.

 

 

The community strengthens its global leadership, with 3 out of every 4 euros of sales in Spain and adding 1.000 million more than its previous record for this period, registered in 2022

 

 

 

The success of Andalusian olive oil exports is attributed to a solid network of 494 exporting companies, of which 284 have maintained regular export activity for at least four consecutive years. These companies, which represent 98% of total sales, have been key to boosting the growth of the sector.

 

Among the main export destinations, United States stands out as the world's leading market for Andalusian olive oil, with a 64% increase in sales. Other important markets include Italy, France, Portugal, United Kingdom, Germany and the Netherlands, and China and Australia, where exports have also experienced significant growth.

 

Andalucía TRADE, the Business Agency for Economic Transformation and Development, has played a key role in supporting the Internationalization of olive oil companies, providing promotion and support services to 274 companies in the sector. For 2025, numerous promotional actions have been planned, including trade missions to China, master classes in France and oil tastings in Italy, with the aim of continuing to drive the growth and expansion of the Andalusian olive oil market worldwide.

 

 

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