The volume of olive oil shipped by Peru in 2020 was 2,904 metric tonnes. In 2019 Peru sold 3,366 tonnes of olive oil. Through 2019 alone, the demand for Peru olive oil (processed category) has increased, with a change of 189.424 percent compared to the year 2018. Between 2017 and 2019, olive oil's exports increased by 271.52 percent bringing the country US$7.68m for the year 2019. Peru's olive oil exports are categorised as:
- Virgin olive oil and its fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (HS code 150910)
- Olive oil and fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (excluding virgin and chemically modified) (HS code 150990)
- Other oils and their fractions, obtained solely from olives, whether or not refined, but not chemically modified, incl. blends of these oils or fractions with oils or fractions of heading 1509 (HS code 151000)
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Peru olivenöl export values
In 2019, Peru sold olive oil valued at 7.68m USD, an increment of 88.79% from 2018's total olive oil export of 4.068m USD. The yearly growth in value of Peru olive oil between 2017 to 2018 was 12.345 percent.
The annual/yearly change in the amount of Peru's olive oil exports between 2017 and 2019 was 271.52 percent compared to a variation of 189.424% in the period between 2018 and 2019.
Peru's portion of the world's total olive oil's exports in 2019 was less than 1%. Peru is ranked position 86 in world exports of olive oil.
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Export markets for Peru olivenöl ( in '000$ )
Peru's best performing export markets for olive oil are Spain, Italy, Australia, Ecuador and US.
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Import/Export Trends
Peru is a net importer of olive oil. The annual growth of Peru olive oil in value between 2015 to 2019 was -27%, per year, while annual growth in quantity during the same period was -13%, per annum.
Peru brought in 1,662 tonnes of olive oil in 2019.
