Imports: Crude olive oil
U.S. imports of Crude olive oil decreased 28.57 percent through August to $43.02 million.
Top Sources
| Rank | Country | YTD |
|---|---|---|
| 1 | Spain | $23.93 M |
| 2 | Turkey | $11.36 M |
| 3 | Italy | $4.77 M |
| 4 | Argentina | $822,824 |
| 5 | Tunisia | $817,888 |
| 6 | Greece | $475,635 |
| 7 | United Arab Emirates | $300,400 |
| 8 | Morocco | $220,899 |
| 9 | Portugal | $125,061 |
| 10 | India | $85,585 |
Top Gateways
| Rank | Port | YTD |
|---|---|---|
| 1 | Port of Newark | $22.55 M |
| 2 | Port of Los Angeles | $10.06 M |
| 3 | Port of Virginia | $3.11 M |
| 4 | Port Miami | $2.27 M |
| 5 | Port of New York | $1.74 M |
| 6 | Port of Savannah, GA | $893,355 |
| 7 | Port Everglades | $765,426 |
| 8 | Port of Boston | $468,818 |
| 9 | Port of Oakland, CA | $414,043 |
| 10 | Port of Seattle, WA | $300,089 |
Top markets Crude olive oil
Total:
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Crude olive oil by port
Total:
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U.S. imports of Crude olive oil decreased 28.57 percent through August to $43.02 million
The category ranked 921 through August among the roughly 1,265 import commodity groupings as classified by Census. It ranked No. 894 for the last full year with a total value of $82.86 million, a $37.56 million, 82.92 percent increase from the 2023 total.
Through August of this year the leading sources were No. 1 Spain, No. 2 Turkey, No. 3 Italy, No. 4 Argentina and No. 5 Tunisia. The leading sources were No. 1 Port of Newark, No. 2 Port of Los Angeles, No. 3 Port of Virginia, No. 4 Port Miami and No. 5 Port of New York.
In the last previous full year, the leading sources were No. 1 Spain, No. 2 Turkey, No. 3 Italy, No. 4 Greece and No. 5 Argentina. The leading sources were No. 1 Port of Newark, No. 2 Port of Los Angeles, No. 3 Port Miami, No. 4 Port of Virginia and No. 5 Port of Savannah, GA.
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:
- Port of Newark fell 21.62 percent compared to last year to $22.55 million.
- Port of Los Angeles fell 46.37 percent compared to last year to $10.06 million.
- Port of Virginia fell 27.84 percent compared to last year to $3.11 million.
- Port Miami fell 57.29 percent compared to last year to $2.27 million.
- Port of New York rose 970.46 percent compared to last year to $1.74 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 sources:
- U.S. imports from No. 1 Spain decreased $10.97 million, 31.43 percent, (55.64 percent market share).
- U.S. imports from No. 2 Turkey decreased $4.68 million, 29.19 percent, (26.4 percent market share).
- U.S. imports from No. 3 Italy decreased $3.03 million, 38.83 percent, (11.08 percent market share).
- U.S. imports from No. 4 Argentina increased $535,304, 186.18 percent, (1.91 percent market share).
- U.S. imports from No. 5 Tunisia increased $628,258, 331.31 percent, (1.9 percent market share).
All totaled, 96.94 percent of all these Crude olive oil imports to the United States were shipped from the top five sources through August of this year. That is equal to $41.7 million of the $43.02 million total.
All totaled, 92.36 percent of all these Crude olive oil imports to the United States were shipped to the top five Ports through August of this year. That is equal to $39.73 million of the $43.02 million total.