In the first ten months of the 2020/2021 crop year, olive oil imports from China and Japan fell by 5.2% and 16.5%, respectively. From september 2020 to July 2021, table olives imports grew by 8%.
Eight markets represent around 81% of the imports of olive oils and virgin olive oils around the world, the United States with 36%, the European Union with 15%, Brazil with 8%, Japan with 7%, Canada with 5%, China with 4%, Australia with 3%, and Russia with 3%. In the first months of the 2020/2021 crop year, imports of olive oils and virgin olive oils in the top eight markets reached 748356 tonnes (-6.9%, compared to the same period previous crop year).