Refined olive oil imports in Saudi Arabia: data, top suppliers and prices
Saudi Arabia imported $12.8 million of refined olive oil in 2024 (2.3 thousand tonnes). That is 27% less than in 2023. Over 2017-2024 it shrank by about 6% a year on average. The peak in this period was 2022, at $21.8 million.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Imports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $12.8M | 2.3K t |
| 2023 | $17.5M | 2.5K t |
| 2022 | $21.8M | 4.4K t |
| 2021 | $11.6M | 3.0K t |
| 2020 | $11.6M | 3.3K t |
| 2019 | $14.9M | 3.6K t |
| 2018 | $20.7M | 3.9K t |
| 2017 | $19.3M | 3.3K t |
Where Saudi Arabia imports refined olive oil from
One supplier dominates: Italy accounted for 51% of the value. Among the main suppliers, United Arab Emirates grew fastest (+33% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| Italy | $6.5M | 51% |
| United Arab Emirates | $3.6M | 28% |
| Tunisia | $751K | 5.9% |
| Spain | $713K | 5.6% |
| Syria | $425K | 3.3% |
| Greece | $227K | 1.8% |
| Turkey | $208K | 1.6% |
| Palestine | $140K | 1.1% |
| Kuwait | $68K | 0.5% |
| Morocco | $32K | 0.3% |
Average import price per kg
The average declared value was about $5.60 per kg, 22% below the world average of $7.16, which often means bulk or lower-grade product.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Refined olive oil exports from Saudi Arabia
Saudi Arabia exported $300 thousand of refined olive oil in 2024 (69 tonnes). One buyer market dominates: Kuwait accounted for 73% of the value. Among the main buyer markets, Bahrain grew fastest (+139% on the year before).
Who is behind these numbers in Saudi Arabia?
The shipment records behind Saudi Arabia refined olive oil imports (HS 1509.90): companies, dates, quantities and declared values.
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Mirror data: built from the shipment records of the countries that trade with it.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 1509.90: Vegetable oils: olive oil and its fractions, other than virgin, whether or not refined, but not chemically modified.
Common questions
What is the value of refined olive oil imported by Saudi Arabia?
Saudi Arabia imported refined olive oil worth $12.8 million in 2024, the latest year with complete public data, about 2.3 thousand tonnes. That ranks it 29th of 215 countries worldwide, with 0% of world imports. The value was down 27% on 2023.
Which countries supply refined olive oil to Saudi Arabia?
Italy was the largest supplier with 51% of the value ($6.5 million), followed by the United Arab Emirates (28%) and Tunisia (6%). The top three together account for 85%, out of 26 supplier countries in total. Morocco grew fastest among the top ten, up 176% on the year.
What is the average import price of refined olive oil per kg?
The average declared import value was about $5.60 per kg in 2024, 22% below the world average of $7.16 per kg. Declared value divided by weight mixes every grade, so read it as a benchmark rather than a quote.
How have imports of refined olive oil to Saudi Arabia changed since 2017?
Imports went from $19.3 million in 2017 to $12.8 million in 2024, a fall of 34%. The peak was 2022 at $21.8 million. Over 8 years the average was $16.3 million a year.
Does Saudi Arabia also export refined olive oil?
Yes. Saudi Arabia exported $300 thousand worth of this product in 2024, mainly to Kuwait, Bahrain and Qatar. On balance Saudi Arabia is a net importer of this product, by about $12.5 million a year.
What is the HS code for refined olive oil?
The HS code for refined olive oil is subheading 1509.90. It sits in HS chapter 15 (animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes). The full list of codes and descriptions is on the HS 1509 page.
How can I find the companies behind this trade?
EximDataX rebuilds Saudi Arabia trade from the customs records of its trading partners, so the companies shipping to and from it are visible. Ask for a live look at your product.
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