Spain becomes Top Olive Oil Exporter to the U.S. and Japan

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For the first time in history Spain has overtaken Italy as the world’s top olive oil exporter in two key markets, the United States and Japan, according to a report issued Monday by the Spanish organization Interprofesional del Aceite de Oliva.

The report indicates that during the first six months of 2014, the United States imported a total of 159,023 MT of olive oil, 45.14 percent of which (71,800 MT) was of Spanish origin.

Japan, meanwhile, imported 12,953 MT of Spanish olive oil, 47.08 percent of its total imports.

The United States and Japan are currently the world’s second and seventh olive oil importers, respectively.

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