Olive oil exports from Greece to Russia increased significantly during 2010, according to the Greek Embassy in Russia. The Greek Embassy in Russia also underlines that Greek olive oil is the most expensive compared to other countries.
The world leader of olive oil exports to Russia remains Spain and other companies such as Aceites Agro Sevilla S.A. and Aceites Borges Pont S.A.
During 2010 Russian olive oil imports were 23,7 thousands tons, while Greece’s exports and production during 2011 was estimated to be 899,614 kgs.
Representatives from the Greek Embassy in Russia emphasize that advertising plays a leading role to the promotion and exports of olive oil and that Italy and Spain have invested a lot to the advertising of their products.
Finally, the International Olive Oil Council has launched since June, 2010 an ambitious program in order to promote olive oil production in Russia that includes among others advertising and direct promotion of the products to consumers.