Exports: Olive oil
U.S. exports of Olive oil decreased 35.00 percent through August to $34.31 million.
Top Markets
| Rank | Country | YTD |
|---|---|---|
| 1 | Canada | $18.97 M |
| 2 | Mexico | $6.28 M |
| 3 | Hong Kong | $887,504 |
| 4 | Bahamas | $758,744 |
| 5 | Belize | $541,574 |
| 6 | South Korea | $522,364 |
| 7 | Aruba | $496,520 |
| 8 | Barbados | $449,109 |
| 9 | Australia | $392,892 |
| 10 | United Kingdom | $350,189 |
Top Gateways
| Rank | Port | YTD |
|---|---|---|
| 1 | Buffalo Peace Bridge, NY | $7.35 M |
| 2 | Port Laredo | $4.84 M |
| 3 | Blaine / Surrey Border Crossing, WA | $2.92 M |
| 4 | Port Everglades | $2.58 M |
| 5 | Port of Palm Beach, FL | $2.06 M |
| 6 | Low-Value border crossing cargo | $1.72 M |
| 7 | Pembina Border Crossing, ND | $1.64 M |
| 8 | Alexandria Bay land-based cargo, NY | $1.56 M |
| 9 | Portal-North Portal Border Crossing, ND | $1.47 M |
| 10 | Otay Mesa Freeway Border Crossing, CA | $1.26 M |
Top markets Olive oil
Total:
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Olive oil by port
Total:
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U.S. exports of Olive oil decreased 35.00 percent through August to $34.31 million
The category ranked 846 through August among the roughly 1,265 import commodity groupings as classified by Census. It ranked No. 806 for the last full year with a total value of $73.12 million, a $12.43 million, 20.49 percent increase from the 2023 total.
Through August of this year the leading markets were No. 1 Canada, No. 2 Mexico, No. 3 Hong Kong, No. 4 Bahamas and No. 5 Belize. The leading markets were No. 1 Buffalo Peace Bridge, NY, No. 2 Port Laredo, No. 3 Blaine / Surrey Border Crossing, WA, No. 4 Port Everglades and No. 5 Port of Palm Beach, FL.
In the last previous full year, the leading markets were No. 1 Canada, No. 2 Mexico, No. 3 South Korea, No. 4 Bahamas and No. 5 Barbados. The leading markets were No. 1 Port Laredo, No. 2 Buffalo Peace Bridge, NY, No. 3 Blaine / Surrey Border Crossing, WA, No. 4 Portal-North Portal Border Crossing, ND and No. 5 Port Everglades.
Looking at specific airports, seaports and border crossings, the top five through the first eight months of the year were:
Highlights for the top five ports:
- Buffalo Peace Bridge, NY fell 29.59 percent compared to last year to $7.35 million.
- Port Laredo fell 53.28 percent compared to last year to $4.84 million.
- Blaine / Surrey Border Crossing, WA fell 40.2 percent compared to last year to $2.92 million.
- Port Everglades fell 6.88 percent compared to last year to $2.58 million.
- Port of Palm Beach, FL rose 10.06 percent compared to last year to $2.06 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. export to No. 1 Canada decreased $12.26 million, 39.25 percent, (55.3 percent market share).
- U.S. export to No. 2 Mexico decreased $6.07 million, 49.19 percent, (18.29 percent market share).
- U.S. export to No. 3 Hong Kong increased $580,096, 188.71 percent, (2.59 percent market share).
- U.S. export to No. 4 Bahamas decreased $20,012, 2.57 percent, (2.21 percent market share).
- U.S. export to No. 5 Belize increased $88,479, 19.53 percent, (1.58 percent market share).
All totaled, 79.97 percent of all these Olive oil exports from the United States were shipped to the top five markets through August of this year. That is equal to $27.44 million of the $34.31 million total.
All totaled, 57.56 percent of all these Olive oil exports from the United States were shipped from the top five Ports through August of this year. That is equal to $19.75 million of the $34.31 million total.