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Despite Tariffs, Spanish Olive Oil Exports to U.S. Rose to Begin Fiscal Year


Spanish olive oil exports to the United States rose unex­pect­edly in the first quar­ter of the 2020/21 fis­cal year, which runs from October 2020 to January 2021.
The increase in exports from the world’s largest pro­ducer to the third-largest con­sumer came despite the 25-per­cent tar­iff imposed by the U.S. on pack­aged Spanish olive oil imports, which was still in force at the time and only tem­porar­ily sus­pended on March 5.
According to data from the Spanish Ministry of Agriculture, Fisheries and Food, more than 54,000 tons of olive oil were shipped to the U.S. from October to January. ....

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