Tunisia: top olive oil exporter worldwide

Boom in oil exports, 299,000 tons in nine months

12 October, 10:43

    Olive oil Olive oil

    (ANSAmed) - TUNIS, OCTOBER 12 - Tunisian olive oil exports have reached a record 299,300 tons for a value of over 900 million euros, according to the latest data published by Tunisia's industry minister concerning the month of September.

    According to the data on the 2014-15 season, Tunisia has become the world's top exporter of olive oil ahead of Spain. All magazines in the sector published in the North African country confirmed the data, reporting a six-fold increase in exports value from the 2013-14 season at some 46,400 tons. The average selling price of olive oil, according to the Tunisian industry ministry, has increased 8.3% from the same period during the previous season. Olive oil represents the top Tunisian agricultural product to be exported (60%) and has fundamental importance for the country, indirectly employing about one million workers.

    Recently, a European Commission proposal to widen Tunisian olive oil import quotas from previous annual quotas set until December 31, 2017, were opposed by Italian producers. The EU decision to allow the export of an extra 35,000 tons of olive oil annually from Tunisia to the Union ''was not taken in a bureaucratic manner but takes into account the current situation of the market'', explained Daniel Rosario, spokesman for EU agricultural commissioner, Phil Hogan. He noted that the measure was taken by the 28 member states as a concrete sign of solidarity towards a country seriously affected by recent terror attacks. (ANSAmed)

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