Tunisian olive oil exports surge, 256,000 tonnes in 7 months

EUR 800,000; 40% towards EU market

25 August, 11:47

    (ANSAmed) - TUNIS, AUGUST 25 - From the beginning of the year until July 2015, Tunisian olive oil exports rose to the record high 256,000 tonnes, equal to 800 million euros. By the end of 2015, some estimates say that the number may rise to 900 million euros, a significant amount for the Tunisian economy. The figures released by the industry ministry show that the EU is the main destination market for Tunisian olive oil (73%), while the US market accounts for 18%. Refined olive oil exports had risen as of July 2015 by 14.3%, 40% towards the EU market 35% to the US one, for a total of 17,000 tonnes. Olive oil is Tunisia's main agricultural export, accounting for about 60%, and has a fundamental importance for the country, employing within the sector about a million indirectly. Tunisia is holding its position of strength in the olive oil production sector, where it is second in the world only to Spain. (ANSAmed).

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