Spanish olive oil makers are accelerating exports to the United States and considering setting up operations on American soil, in response to growing concerns over new import tariffs. The move follows a strategic reassessment by the industry, aiming to protect market share and ensure long-term access to its largest foreign market.
Spain, the world’s leading exporter of olive oil, supplies nearly 180,000 metric tons of the product to the U.S. annually. However, with Washington implementing a 10% tariff on certain European goods — and threatening to raise it to 25% — Spanish exporters are under pressure to act swiftly.
To get ahead of the tariff hikes, companies are rushing to fulfill shipments to the U.S. before the increased duties are enforced. By frontloading exports, producers hope to avoid immediate financial strain and retain their foothold in the competitive American market.
Beyond export acceleration, Spanish producers are weighing more permanent solutions, including potential investment in production or bottling facilities within the U.S. These steps would allow them to continue serving American consumers without being affected by tariffs on imported goods. Some companies are also exploring partnerships with local firms to streamline operations and logistics in anticipation of prolonged trade barriers.
This shift comes at a time when the global olive oil industry is grappling with high production costs and fluctuating harvests. The added pressure of trade restrictions only increases the urgency for innovation and strategic adaptation.
Back home, Spanish authorities are reportedly working on support mechanisms to help the industry weather the storm. Plans may include financial aid and initiatives to explore new markets, ensuring the resilience of one of Spain’s most valuable agricultural exports.
As the trade landscape between Europe and the U.S. continues to evolve, Spain’s olive oil sector is preparing for all scenarios — from maintaining export flows under tighter conditions to potentially setting roots in the very market that threatens to make trade more difficult.