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Value of olive oil exports edges up 46.8% in first months of season

The value of olive oil exports amounted to 1,334 MD in the period from November 2022 to February 2023, posting a 46.8% rise compared to the same period last year.
Data published by the National Observatory of Agriculture (French: ONAGRI) show Tunisia exported about 89,000 tonnes of olive oil in the first four months of the 2022/2023 season, that is a 3.3% rise on last year.
The export prices of Tunisian olive oil edged up 42.2%. The food trade balance achieved a surplus of TND 1.1 million at the end of February against a deficit of TND 137.5 million in February 2022.
Tunisian olive production dropped from 1.2 million tonnes in the 2021/22 season to 900,000 tonnes in the 2022-2023 season.

Source: Agence Tunis Afrique Presse (TAP)