Greek olive oil going Italian – Local producers prefer to export their product in bulk to Italy without standardizing it
Greek olive oil going Italian – Local producers prefer to export their product in bulk to Italy without standardizing it
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>According to a recent report by the Greek Embassy’s Office of Economic and Commercial Affairs in Milan on Greek olive oil exports, all exported in bulk, 64.67% of the value of total olive oil exports and 75.88% of its total volume was directed in 2021 to the Italian market.
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>The value of olive oil exports from Greece to Italy amounted in 2021 to 345.5 million euros, up by 16.33% compared to 2020, while the volume of exports amounted to 111,610 tons from 132,844 tons in 2020, recording a decline of 15.98%. Greece is Italy’s second largest supplier of olive oil, with its relative share reaching 21.69% in 2021. Italy’s largest supplier is Spain, with a share reaching 61.53%.
Damn Italians stealing Greek and Spanish olive oil lol
The best part is that IT sells SP and GR oils as national product LOL
This is ancient news. Greek cooperatives and business failed miserably to export their own brands for decades. It is not an easy thing to do so either, the greek olive oil is generally great quality but accumulating large quantities of quality product is hard for exporters. There are only small cottage-level exporters but they are too small to count.
In the mean time Greece & Turkey https://i.imgflip.com/6np04y.jpg
This has happened for decades with Spanish olive oil. Almost all the olive oil branded as Italian in supermarkets is actually Spanish.
Greeks get to enjoy great Greek olive oil and I get to enjoy great Turkish olive oil without competing with German consumers. Can’t complain.