INNOLIVA is one of the leading Spanish producers of exports
Madrid, August 17, 2016.
Olive oil continues to be one of the foods that contributes the most to its economy thanks to exports. In fact, the sale of the star product of Spanish gastronomy abroad accounts for around 0.3% of GDP, and is placed only behind pig and citrus. Among the receiving markets, the European countries, with Italy in the lead, keep an unquestionable first position, however, the United States and the Asian countries are gaining more and more ground.
Spanish olive oil production is recovering, according to the Food Information and Control Agency (AICA), so it is expected that exports will also go smoothly for the Iberian country. Last year, sales abroad of Extra Virgin Olive Oil (AOVE) amounted to 2,000 million euros.
Among the 160 countries to which Spain exports its liquid gold, Italy is the EU country that buys the most. Still within the Old Continent, France and the United Kingdom are also considered important receiving markets.
The expansion is also marking the path of Spanish oil in recent years. The markets of China and Japan have been key in this issue, although the United States remains the main recipient outside European borders. According to the data published by the US Department of Commerce, collected by GTIS and published by ABC, Spain leads oil exports in the North American territory.
The Spanish company INNOLIVA perfectly reflects this panorama. The production company based in Navarra has Italy and the US. among its main buyers and currently allocates approximately 50% of its production to the North American giant. As a result of the upward trend in sales in the US, INNOLIVA plans a new plantation of 2,000 hectares of olive trees in this place to multiply production and meet the demand. Similarly, settle in the Asian market has become one of the priorities of the company in the last stage.
The company, which has its head office in Pamplona (Spain), owns more than 5,000 hectares of irrigated olive groves, located in Spain and Portugal, where the Mediterranean climate gives the olive tree the ideal environment for the development and maturation of the fruit; and it favors the obtaining of Extra Virgin Olive Oils with excellent sensory qualities.
With its production system, they guarantee the integral traceability of the entire process: from the olive tree to the final customer.
They make their Extra Virgin Olive Oil cold in the shortest time possible from the entrance of the olive in the oil mill. And they take care of the oil already produced to maintain their excellent sensory and healthy qualities as long as possible.