Millions lost for Spain with the export of black olive to the US

The exportation of black olive from Spain to the US falls by 60% in the August-November 2018 period, the first four months of application of final tariffs, going from 11.2 million kilos to 4.4 (-6.8 million kilos). In this period, the rest of the countries that export blacks to the US grew by 75.7%, from 3.4 to 5.9 million kilos, highlighting Morocco that grew by 159%, reaching 1.4 million kilos .

In the period January-November, with provisional tariffs and then final since August, Spain has gone from 27.7 to 14.9, down 12.8 million kilos, which means in value a loss of almost 27 million dollars to the go from 62.9 to 36.1 million dollars. In this January-November period, the rest of the countries grew by 68% in volume, going from 8.6 to 14.5 million kilos, with Morocco standing at 129% (from 2.4 to 5.4 million kilos) ) and Egypt 74% (from 2.7 to 4.7 million kilos).

ASEMESA reiterates its request to the EU and Spain to establish an aid fund to mitigate losses as a result of tariffs as the US government has done in similar cases.