Determine which countries have highest export quantity value

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Assignment: Your company is looking to find new sources of virgin olive oil to sustain growth as it internationalizes and starts producing ready to eat meals in Europe. Currently, your company purchases virgin olive oil only from California and is hoping to be purchasing virgin olive oil from other countries. Applying the most current information from the UN Comtrade database, a United Nations agency website that gathers data on bilateral trade flows.

Question: determine which countries have the highest export quantity and value of virgin olive oil. Choose two countries from the list outlining the reasons why.

ReporterTrade Value ($)Net Weight (kg)Price (Value/Weight)
Spain2,280,312,522576,990,7413.95
Tunisia881,704,379266,705,3383.31
Italy1,331,160,790259,676,6625.13
Greece605,248,674149,125,3794.06
Portugal409,682,602105,717,7243.88
Argentina106,425,31029,060,6623.67
Rest of World397,400,24293,849,1624.23

Reference no: EM133298284

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