T3 · Product exporter position

Spain exports of Vegetable oils: olive oil and its fractions, other than virgin, whether or not refined, but not chemically modified (HS 150990)

See where Spain stands in vegetable oils: olive oil and its fractions, other than virgin, whether or not refined, but not chemically modified: export scale, destination breadth, market position, growth, and reported trade history.

Exporter ESPHS6 150990Latest year 2024Rapid growth

Latest exports

$1.6BLatest observed lane total

Destination markets

144Reported active markets

Three-year growth

+25.5%Annualized change

Destination HHI

947Destination concentration

Weighted share

70.1%Reported market position

Exporter evidence

How strong is Spain in Vegetable oils: olive oil and its fractions, other than virgin, whether or not refined, but not chemically modified?

Reported exporter totals and calculated indicators for HS 150990. Values retain their observed coverage period.

Exporter scale

Latest exports$1.6B
Current 2024 exports$1.5B
Three-year average$1.3B
Historical peak$1.7B

Market position

Active destinations144
Destination HHI947
Weighted share70.1%
Share change+2.3 pp

Competitiveness

Three-year growth+25.5%
Volatility0.8
Maximum drawdown54.7%
TrendRapid growth
MeasureValueWhat it describes
ExporterSpainCountry represented by this profile
Latest observed exports$1.6BSum of latest observed destination-lane values
Current 2024 exports$1.5BCommon-year comparison where reported
Three-year growth+25.5%Annualized change in exporter totals
Five-year growth+19.3%Annualized change in exporter totals
Leading destinationUSADestination with the largest observed export value
Leading destination share19.9%Share of observed exporter totals
Destination concentration947HHI across destination markets
Weighted share change+2.3 ppValue-weighted latest change in market share
Limited-history lanes11.1%Share of lanes with shorter history

Destination markets

Where does Spain sell vegetable oils: olive oil and its fractions, other than virgin, whether or not refined, but not chemically modified?

Leading destination observations ranked by reported export value, with market position and access context.

DestinationLatest exportsMarket shareGrowthAccessSignal
USA, Puerto Rico and US Virgin Islands$309.0M47%+25.7%0% tariffGrowing
Italy$260.3M77.4%+32.9%FTA reportedAccelerating
Portugal$145.0M93.1%+23.6%FTA reportedGrowing
United Kingdom$135.5M85.9%+30.7%FTA reportedGrowing
France$84.4M89%+92.2%FTA reportedAccelerating
Australia$63.6M70%+23.8%0.1% tariffGrowing
China$54.9M97.1%+16.3%0.3% tariffAccelerating
Netherlands$46.7M69.3%+31.8%FTA reportedAccelerating
Japan$43.1M64.4%+9.9%FTA reportedGrowing
Canada$40.8M56.7%+19.4%FTA reportedAccelerating
Mexico$33.2M69.7%+27.6%FTA reportedGrowing
India$29.1M90.7%-0.4%0.5% tariffGrowing
Germany$25.6M36.5%+38.7%FTA reportedAccelerating
Morocco$18.9M78.5%+26.5%FTA reportedAccelerating
New Zealand$17.9M81.6%+29%0.1% tariffAccelerating

Destination

USA, Puerto Rico and US Virgin Islands

Latest exports
$309.0M
Market share
47%
Growth
+25.7%
Access
0% tariff
Signal
Growing

Destination

Italy

Latest exports
$260.3M
Market share
77.4%
Growth
+32.9%
Access
FTA reported
Signal
Accelerating

Destination

Portugal

Latest exports
$145.0M
Market share
93.1%
Growth
+23.6%
Access
FTA reported
Signal
Growing

Destination

United Kingdom

Latest exports
$135.5M
Market share
85.9%
Growth
+30.7%
Access
FTA reported
Signal
Growing

Destination

France

Latest exports
$84.4M
Market share
89%
Growth
+92.2%
Access
FTA reported
Signal
Accelerating

Destination

Australia

Latest exports
$63.6M
Market share
70%
Growth
+23.8%
Access
0.1% tariff
Signal
Growing

Destination

China

Latest exports
$54.9M
Market share
97.1%
Growth
+16.3%
Access
0.3% tariff
Signal
Accelerating

Destination

Netherlands

Latest exports
$46.7M
Market share
69.3%
Growth
+31.8%
Access
FTA reported
Signal
Accelerating

Destination

Japan

Latest exports
$43.1M
Market share
64.4%
Growth
+9.9%
Access
FTA reported
Signal
Growing

Destination

Canada

Latest exports
$40.8M
Market share
56.7%
Growth
+19.4%
Access
FTA reported
Signal
Accelerating

Destination

Mexico

Latest exports
$33.2M
Market share
69.7%
Growth
+27.6%
Access
FTA reported
Signal
Growing

Destination

India

Latest exports
$29.1M
Market share
90.7%
Growth
-0.4%
Access
0.5% tariff
Signal
Growing

Destination

Germany

Latest exports
$25.6M
Market share
36.5%
Growth
+38.7%
Access
FTA reported
Signal
Accelerating

Destination

Morocco

Latest exports
$18.9M
Market share
78.5%
Growth
+26.5%
Access
FTA reported
Signal
Accelerating

Destination

New Zealand

Latest exports
$17.9M
Market share
81.6%
Growth
+29%
Access
0.1% tariff
Signal
Accelerating

Price intelligence

How does Spain's price position vary?

Price comparisons are shown where market-level unit-value observations are available. They describe reported trade values and quantities, not quoted selling prices.

Highest reported price

French Polynesia: $107.5K / ton.

Lowest reported price

United Rep. of Tanzania: $225.0 / ton.

Median price

$4.4K / ton across reported markets.

Export trend

Reported export history

Annual observations for Spain and HS 150990 where available.

YearExportsYear-on-year changeActive destinations
2010$489.4M+8.4%145
2011$515.5M+5.3%141
2012$545.5M+5.8%146
2013$579.6M+6.2%146
2014$753.9M+30.1%154
2015$662.6M-12.1%152
2016$767.0M+15.8%154
2017$942.9M+22.9%151
2018$871.6M-7.6%152
2019$641.6M-26.4%152
2020$648.8M+1.1%150
2021$784.1M+20.9%150
2022$1.1B+43.6%150
2023$1.2B+4.5%148
2024$1.5B+31.7%144

Exporter context

Spain economy and trade network

The exporter profile adds country-level trade and structural context to the selected product position. These indicators describe the country overall and are not limited to HS 150990.

Spain has reported exports of $390.0B and a trade balance of -$50.1B in 2024.

Available structural indicators include 51% trade openness, 24.3% investment, and 270 active trade partners.

Reported values

Export totals and destination values describe reported merchandise trade for the stated exporter, HS6 classification, and available year.

Calculated indicators

Growth, concentration, weighted share, volatility, drawdown, and price comparisons are calculated from reported observations.

Coverage

Missing values remain “Not reported”. Country-level indicators are presented separately from product-level observations.

Frequently asked questions

Questions about Spain vegetable oils: olive oil and its fractions, other than virgin, whether or not refined, but not chemically modified exports

Quick answers based on the figures and coverage shown on this page.

How strong is this exporter?

Use latest exports, destination breadth, growth, concentration, and weighted share together rather than relying on one measure.

Which markets are most important?

The destination table ranks reported markets by the latest observed export value.

Does the price section show quotes?

No. It summarizes reported trade value and quantity observations converted to unit values.

What should be checked next?

Compare this exporter with buyer markets, corridors, and the product overview before making a commercial decision.