The volume of coconut oil exported by Italy in 2020 was 12,273 tons. In 2019 Italy exported 10,082 tonnes of coconut oil. Through 2019 alone, the market for Italy coconut oil (processed category) has increased, with a change of 0.80991901 % compared to the year 2018. Between 2017 and 2019, coconut oil's exports grew by 35.26 pc netting the country US$13.80m for the year 2019. Italy's coconut oil exports are categorised as:
- Coconut oil and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151319)
- Crude coconut oil (HS code 151311)
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Italia olio di cocco export values
In 2019, Italy exported coconut oil valued at 13.80m USD, a drop of -23.93% from 2018's total coconut oil export of 18.141m USD. The yearly change in value of Italy coconut oil between 2017 to 2018 was 13.084%.
The annual change in the quantity of Italy's coconut oil exports between 2017 and 2019 was 35.26% in comparison to a variation of 0.80991901% in the period between 2018 and 2019.
Italy's stake of the world's total coconut oil's exports in 2019 was 9.7 percent. Italy holds position 3 in world exports of coconut oil.
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Export markets for Italia olio di cocco ( in '000$ )
Italy's best performing destinations for coconut oil are Greece, Austria, Slovenia, Croatia and Serbia.
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Import/Export Trends
Italy is a net importer of coconut oil. The annual growth of Italy coconut oil in value between 2015 to 2019 was 22%, per year, while annual growth in quantity through the same period was 25%, per annum.
Italy procured 82,589 tonnes of coconut oil in 2019.
