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Spain tops olive oil list

spanish olive oil

SPAIN has kept its crown as the world’s leading exporter of olive oil, despite fears that the hottest summer in 60 years could lead to a huge fall in output.

Official government figures show exports increased by 5.4% in the year to September, but a predicted 58% drop in output blamed on the higher-than average summer temperatures could force prices to soar.

The figures come from new data published by food-industry group Cooperativas Agro-Alimentarias.

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