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Italian olive oil exports jump 10% in 2013 to record high

Coldiretti says sales hit 1.3 bn euros

14 November, 16:40
Italian olive oil exports jump 10% in 2013 to record high (ANSA) – Rome, November 14 – Italian olive oil exports jumped 10% in 2013 to a record high of 1.3 billion euros, according to estimates by farmers' association Coldiretti based on data from national statistics agency Istat. The steepest increases were posted in emerging markets such as Oceania, which jumped 32%, and Asia, which posted a 16% increase. More traditional markets also experienced strong demand, with Germany absorbing almost one bottle of all three produced, resulting in a 5% increase of sales, ahead of France and Britain. Chinese purchases remained stable, while Japanese ones jumped 18%, overtaking France and becoming in turn this year the third-biggest buyer in the world after the US and Germany.

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