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Virgin olive oil exports soar by almost 25% in Spain’s Andalucia thanks to reliable EU market

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ANDALUCIAN exports of virgin olive oil have increased by 24%, new figures have revealed. 

The value of the ‘liquid gold’ also increased by 5% year-on-year between October and June.

The Junta reported that some 440,409 tonnes were sold during the period, compared to 356,242 tonnes the year before.

The overwhelming majority of the oil was sold within the European Union while the remaining 126,020 went to countries outside the bloc.

It means the region earned €1,329,502,000 from virgin olive oil between October 2018 and June 2019.

It was a year-on-year increase of around €50 million.

Andalucia exports of other olive oils have also increased by 3% in volume, reaching a total of 123,875 tonnes, however their value has reduced by 23%, reaching €341,713,000.

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