The volume of olive oil sold by Turkey in 2020 was 60,371 metric tons. In 2019 Turkey exported 54,996 tonnes of olive oil. For 2019 alone, the interest in Turkey olive oil (processed category) has shrunk, with a change of -26.799 percent compared to the year 2018. Between 2017 and 2019, olive oil's exports grew by 2.88 percent earning Turkey US$142.70m for the year 2019. Turkey's olive oil exports are categorised as:
In 2019, Turkey shipped olive oil valued at 142.70m USD, a drop of -45.65% from 2018's total olive oil export of 262.559m USD. The annual reduction in value of Turkey olive oil between 2017 to 2018 was 26.45 per cent.
The annual/yearly change in the quantity of Turkey's olive oil exports between 2017 and 2019 was 2.88% in comparison to a variation of -26.799% in the period between 2018 and 2019.
Turkey's share of the world's total olive oil's exports in 2019 was less than 1%. The country is ranked number 55 in world exports of olive oil.
Turkey's best performing destinations for olive oil are US, Saudi Arabia, Ivory Coast (CÃ´te d'Ivoire
), Syria and Morocco.
Turkey is a net importer of olive oil. The annual growth of Turkey olive oil in value between 2015 to 2019 was 28%, per year, while annual growth in quantity through the same period was 3%, per annum.
Turkey imported 27,967 tonnes of olive oil in 2019.