Refined olive oil exports from the United Arab Emirates: data, top buyers and prices
In 2024, the United Arab Emirates exported refined olive oil worth $8.4 million (2.9 thousand tonnes). Value fell 41% from 2023. Over 2017-2024 the trade grew strongly, by about 44% a year on average. The peak in this period was 2023, at $14.4 million.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Exports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $8.4M | 2.9K t |
| 2023 | $14.4M | 3.9K t |
| 2022 | $11.7M | 3.8K t |
| 2021 | $5.5M | 2.3K t |
| 2020 | $4.7M | 2.0K t |
| 2019 | $4.3M | 1.9K t |
| 2018 | $3.3M | 1.3K t |
| 2017 | $666K | 325 t |
Where the United Arab Emirates exports refined olive oil to
Most of it went to Saudi Arabia (43%), Kuwait (27%), Qatar (9%). Among the main buyer markets, Seychelles grew fastest (+551% on the year before).
| Destination | Value | Share |
|---|---|---|
| Saudi Arabia | $3.6M | 43% |
| Kuwait | $2.2M | 27% |
| Qatar | $782K | 9.3% |
| Angola | $380K | 4.5% |
| Bahrain | $285K | 3.4% |
| Pakistan | $204K | 2.4% |
| Seychelles | $197K | 2.3% |
| Uganda | $174K | 2.1% |
| Sri Lanka | $93K | 1.1% |
| Maldives | $92K | 1.1% |
Average export price per kg
The average declared value was about $2.93 per kg, 59% 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 imports to the United Arab Emirates
In 2024, the United Arab Emirates imported refined olive oil worth $4.2 million (469 tonnes). Most of the value came from Lebanon (39%), Spain (25%), United Kingdom (8%). Among the main suppliers, Egypt grew fastest (+354% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| Lebanon | $1.6M | 39% |
| Spain | $1.1M | 25% |
| United Kingdom | $346K | 8.2% |
| Turkey | $316K | 7.5% |
| Italy | $230K | 5.5% |
| Netherlands | $179K | 4.3% |
| Tunisia | $128K | 3% |
| Egypt | $102K | 2.4% |
| France | $51K | 1.2% |
| Croatia | $41K | 1% |
Who is behind these numbers in the United Arab Emirates?
The shipment records behind United Arab Emirates refined olive oil exports (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 exported by the United Arab Emirates?
The United Arab Emirates exported refined olive oil worth $8.4 million in 2024, the latest year with complete public data, about 2.9 thousand tonnes. That ranks it 12th of 127 countries worldwide, with 0% of world exports. The value was down 41% on 2023.
Which countries buy refined olive oil from the United Arab Emirates?
Saudi Arabia was the largest buyer with 43% of the value ($3.6 million), followed by Kuwait (27%) and Qatar (9%). The top three together account for 78%, out of 48 buyer countries in total. The Seychelles grew fastest among the top ten, up 551% on the year.
What is the average export price of refined olive oil per kg?
The average declared export value was about $2.93 per kg in 2024, 59% below the world average of $7.16 per kg. The figure blends every grade shipped, so it works as a reference point rather than a quote.
How have exports of refined olive oil from the United Arab Emirates changed since 2017?
Exports went from $666 thousand in 2017 to $8.4 million in 2024. The peak was 2023 at $14.4 million. Over 8 years the average was $6.6 million a year.
Does the United Arab Emirates also import refined olive oil?
Yes. The United Arab Emirates imported $4.2 million worth of this product in 2024, mainly from Lebanon, Spain and the United Kingdom. On balance the United Arab Emirates is a net exporter of this product, by about $4.2 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 the United Arab Emirates 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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