Table olive exports from Spain to the United States fell by almost a third in the first half of 2020. U.S. tariffs are blamed for the steep drop.
Spanish table olive exports to the United States have fallen by 30 percent in the first half of 2020, according to data published by the Spanish Association of Table Olive Exporters and Producers (Asemesa).
In the first six months of the year, Spain shipped 32,000 tons of table olives to the U.S., down from 45,400 tons in the first six months of 2019.
See Also:Trade NewsAntonio Mora, the secretary general of Asemesa, blamed two sets of U.S. tariffs for the sharp drop in exports.
Green olive imports from Spain currently face a 25 percent tariff as part of a package of countermeasures awarded to the U.S. by the World Trade Organization for illegal subsidies provided by the European Union to Airbus.
Separately, black olive imports from Spain face a combined 35 percent tariff, after the U.S. Trade Representative and U.S. Commerce Department accused Spanish olive producers of violating anti-subsidy and anti-dumping laws.
Some of these tariffs will likely be reduced after Spain convinced the United States Court of International Trade that it was not illegally subsidizing its farmers. The Commerce Department has appealed.
In the meantime, Mora argues that since the tariffs on black olives are specific to Spain and the tariffs on green olives are specific to Spain and France, the world’s largest table olive producer has been put on uneven footing with other E.U. competitors, including Portugal and Greece.
Mora added that table olive production is at least three times more expensive in Spain than it is in Portugal or Greece. He said that in Portugal the cost of production is 10 cents per kilogram, while in Spain it ranges from 30 cents up to 90, depending on whether the harvest is done by hand or mechanized.
Outside of the United States, which still makes up slightly more than one-fifth of the international market for Spanish table olives, exports to every other region of the world except to the Gulf states also slipped.
However, Mora attributed this to the exceptionally poor table olive harvest experienced by Spanish farmers in the 2019/20 crop year and the generally good harvests experienced by many of the country’s competitors.
More articles on: import/export, Spain, table olives
Oct. 17, 2024
Major Olive Oil Producer Loses $3M in Spate of Thefts
The CHO Group experienced warehouse thefts in Canada and the United States, with some stolen olive oil appearing at discounted prices.
Jul. 15, 2024
As Value of Tunisian Exports Soar, Packaged Olive Oil Struggles
Olive oil export revenues in the first seven months of the 2023/24 crop year nearly doubled in Tunisia, but many producers are not reaping all the benefits.
Aug. 7, 2024
Hazara’s Olive Oil Boom Lays Roadmap for Pakistani Sector
Systematic grafting and planting programs, new mills and efforts to educate farmers and millers have resulted in a rapid rise in production in one critical Pakistani region.
Apr. 12, 2024
Global Production May Exceed Expectations, but Not Enough to Move Prices
Analysts predict climate change will result in new price dynamics, with high-quality extra virgin olive oil and other market segments behaving differently.
May. 7, 2024
European Olive Oil Supply Hits Decade-Low
A production drop and low stocks have kept prices high, tempering demand.
Nov. 15, 2024
Spanish Table Olive Sector on Edge After Trump Election Win
Spain's black table olive producers, already reeling from tariffs imposed during the first Trump administration, fear more are on the horizon.
Feb. 29, 2024
Supermarkets in Spain Poised to Clash Over Olive Oil Prices
Olive oil prices at origin remain at historic highs, but direct-to-consumer promotions by some brands have supermarkets weighing their next move.
May. 10, 2024
Andalusian Officials Withdraw Sea of Olives Candidacy for UNESCO Recognition
The move came after 8,500 olive growers signed a petition protesting the candidacy. However, some are hopeful the decision will be overturned.