Spain's Moroccan olive oil imports reach 19 tons in six months
Spain's olive oil imports from Morocco increased significantly in the first half of 2026, with import values reaching approximately 58 million euros compared to 641,000 euros in the same period of the previous year, marking an almost 9,000% year-on-year increase. Additionally, the imported quantities rose from about 300 grams in 2025 to around 19 tons in 2026. Despite this surge, Spain remains the world's largest producer of olive oil, holding over 40% of global production. This increase is attributed to the development of trade relations between the two countries, rising market demand, and differences in profit margins—where a large portion of Spanish olive oil is exported abroad, while Moroccan oil is used to improve profit margins for some industry players.
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