WORLD HISTORY

Detailed explanation-1: -Greece exports most of it’s Olive oil to United States, Moldova and Japan. The top 3 exporters of Olive oil are Spain with 123, 339 shipments followed by Italy with 118, 293 and Turkey at the 3rd spot with 19, 592 shipments.

Detailed explanation-2: -Greek olive oil flows to Italy in bulk One of the main reasons producers choose bulk sales to Italy is that many Greeks produce olive oil themselves or have relatives producing it and providing the oil in bulk.

Detailed explanation-3: -Greece produces more than 430, 000 tons of olive oil annually, and more than 75% of that is Extra Virgin Olive Oil, which is the best type of olive oil. In fact Greece is the world’s largest exporter of Extra Virgin Olive Oil and the third in total olive oil exports.

Detailed explanation-4: -Cheese, table olives, olive oil, and cotton are the primary Greek exports, accounting for 28.7% of total product exports in value terms.

Detailed explanation-5: -Exporters and Importers In 2021, the top exporters of Olive Oil were Spain ($230M), Italy ($90M), Greece ($70.5M), Morocco ($23.8M), and Tunisia ($19.4M). In 2021, the top importers of Olive Oil were Spain ($80.2M), Italy ($61.6M), United States ($34.3M), Portugal ($22.1M), and United Kingdom ($22M).

Detailed explanation-6: -Greece as an olive oil producing country Greek olive oil products are considered top quality worldwide. They are cultivated in the country’s ideal climate and soil varieties. An 80% of Greece’s olive oil is extra virgin, which is the top-ranked classification category in the world.