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Why is olive oil cheaper overseas when Spain is the world's top producer?

Summary by Ground News
Price of olive oil in Spain has risen by 52.5 percent in a year. This is the highest year-on-year increase in over twenty years. Spain produces more than half of the world's entire olive oil supply. The problem is in the amount of oil Spaniards consume.

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The Local - EsThe Local - Es
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Why is olive oil cheaper overseas when Spain is the world's top producer?

It's a staple of the Mediterranean diet most Spaniards can't live without, so how is it possible that olive oil is cheaper abroad when Spain is the world's biggest producer?

·Spain
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The LocalThe Local

Why is olive oil cheaper overseas when Spain is the world's top producer?

It's a staple of the Mediterranean diet most Spaniards can't live without, so how is it possible that olive oil is cheaper abroad when Spain is the world's biggest producer?

Read Full Article
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Bias Distribution

  • 100% of the sources lean Left
100% Left
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The Local - Es broke the news in Spain on Tuesday, September 19, 2023.
Sources are mostly out of (0)
Stories disproportionately reported by the Left or the Right

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