Thursday, December 10, 2015

Olive oil exports up by 40 percent. Top destinations: Canada and South America


Exports of olive oil increased by 43 percent from 2012 till 2014, according to Customs. The Investment Development Authority of Lebanon (IDAL) attributed this increase to the incentives offered per ton to olive oil producers to help them enhance the quality and the packaging.

Exports reached 5,990 tons last year, increasing from 4,162 tons in 2012. More than 50 percent of the olive oil was exported mainly to Canada and South America. In 2012, IDAL set the norms and standards required for...

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