Analysis of the Current Olive Oil Import Market
According to the latest customs data, Chinas olive oil imports increased by 15.6% year-on-year in 2023, with the market size exceeding $2 billion. The main importing countries are Spain, Italy, and Greece, accounting for 45%, 30%, and 15% respectively.
Comprehensive Process Analysis of Olive Oil Imports
3.1. Supplier Screening and Qualification Review
- Verify manufacturer certifications including ISO22000 and IFS
- Confirm authenticity of certificate of origin
- Evaluate supplier export qualifications
2. Conditions of TradeCustoms inspection basis:
| Clause types | Applicable scenes | Risk Warning |
|---|---|---|
| FOB | For initial cooperation, control transportation costs | Need to bear maritime transportation risks |
| The CIF | Long-term stable cooperation | Pay attention to insurance coverage |
| DDP | Small trial orders | Need to clarify customs clearance responsibilities |
3.3. Customs Clearance Procedures
- Prepare import filing documents
- Business license
- International Certification Requirements
- Imported foodFiling certificate
- Process Chinese label filing
- Arrange commodity inspection and sampling testing
Key Points of Quality Control
4.1. Quality Testing Standards
Must comply with GB 23347-2021 Olive Oil and Olive Pomace Oil national standard, with special attention to the following indicators:
- Acid value: Extra virgin ≤0.8%
- Peroxide value: ≤20 meq O2/kg
- Trans fatty acids: ≤0.05%
4.2. Packaging Specification Requirements
- Use food-grade stainless steel containers
- Light-proof packaging
- Temperature control at 15-18℃
Common Issues and Solutions
Import agency services typically include the following core...
Solution: Prepare complete documents in advance, recommend reserving a 15-day buffer period
5.2. Quality Non-compliance
Solution: Sign detailed quality agreement with clear claim terms
Exchange Rate Risks
Solution: Use foreign exchange hedging tools
Expert Recommendations
- Recommend selecting reputable international suppliers
- Use Letter of Credit (L/C) payment method
- Buying full transport insurance
- Establish a complete traceability system.
Reminder: The revised Import and Export Food Safety Management Measures implemented from January 1, 2024 imposes stricter requirements on olive oil imports. Importers are advised to stay updated on the latest policies.
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