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Moroccan olive oil exports to the Spanish market witnessed an unprecedented and exceptional growth during the first four months of 2026, marking a significant shift in the bilateral trade dynamics between the two nations within the vegetable oils sector.
According to official data recently released, Spain's olive oil imports from Morocco reached 10,384 tonnes between January and April 2026. This figure represents a massive leap compared to the 103 tonnes imported during the same period in 2025, effectively multiplying the export volume by 100 times in just one year.
Despite this sharp rise in Moroccan supplies, Tunisia continues to hold its position as the largest external supplier of olive oil to Spain in terms of total volume, highlighting intense competition among North African producers to serve the European market.
In a parallel development, Spain is experiencing a rebound in domestic production, prompting Spanish authorities to implement preventive measures to ensure market stability and price balance. The government has mandated olive mills to store 12% of their output, equivalent to approximately 188,000 tonnes, for the 2026-2027 agricultural season. This measure, which officially took effect following its publication in the official gazette on November 6, aims to protect producers from price collapses driven by potential oversupply.
Source: Lakome