What is the price of olive oil in Argentina?

As of January 2023, olive oil in Argentina is US$ 5.92 per kg (1,381 ARS), sourced from UN Comtrade (unit value).

What is Argentina's world rank in olive oil exports?

Argentina ranks 7th among 114 olive oil exporters.

How much olive oil did Argentina export in 2021?

Argentina exported 24,331 tonnes of olive oil in 2021, valued at US$90,865,736.

What was Argentina's olive oil production in 2023?

Argentina produced 31,000 tonnes of olive oil in 2023.

Olive Oil Price in Argentina - June 2026 Market Prices (Updated Monthly)

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Olive Oil Prices in Argentina

US$ 5.92 / kg

1,381 ARS / kg

MoM ▲ 48.5% YoY ▲ 48.5%

Checked: Jun 9, 2026

Price as of: January 2023

Source: UN Comtrade (unit value)

Variety	Market level	Price (US$/kg)	Local (ARS)	MoM	YoY	Source
-	Export (unit value)	5.92	1,381	▲ 48.5%	▲ 48.5%	UN Comtrade (unit value)

As of June 2026, the olive oil price in Argentina available is US$ 5.92 per kg (1,381 ARS), up 48.5% year-on-year.

Argentina is a significant exporter of olive oil, ranking 7th among 114 exporters in 2021 with exports valued at US$90.87 million (24,331 tonnes), accounting for 1.3% of global exports and showing a 58.9% year-on-year increase. In 2023, Argentina produced 31,000 tonnes of olive oil, ranking 11th globally and representing 1.2% of world output, though production declined by 6.1% year-on-year. The latest export price is US$5.9241 per kg.

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Olive Oil Price History & Trend

We are building a dedicated olive oil price series for Argentina history. The trend line shown is the closest commodity benchmark, for reference only.

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Production, Exports, Imports & HS Codes - olive oil in Argentina

Exports UN Comtrade · 2021

In 2021, Argentina exported $90.9M (24.3 kt) of olive oil▲ 58.9% YoY. That ranks #7 worldwide (1.3% of global exports).

$90.9M

Export value

24.3 kt

Export volume

#7 / 114

World rank

1.3%

Global share

$3.73

Avg export price / kg

Export value by year (US$)

Export volume by year

Top olive oil exporters worldwide UN Comtrade · 2021

#1 Spain $3.04B · 43%
#2 Italy $1.55B · 22%
#3 Portugal $724.8M · 10.2%
#4 Greece $637.1M · 9%
#5 Tunisia $565.6M · 8%

Annual export data Argentina · UN Comtrade

Year	Export value (US$)	Volume	Avg price/kg
2021	$90.9M	24.3 kt	$3.73
2020	$57.2M	21.1 kt	$2.72

Production FAOSTAT · 2023

Argentina produced 31 kt of olive oil in 2023▼ 6.1% YoY. It ranks #11 among producing countries (1.2% of world output).

31 kt

mi_production

#11

World rank

Production by year (tonnes)

HS Code

olive oil is traded under Harmonized System code 1509.10. Trade figures above are compiled for this HS heading.

Sources: trade & HS - UN Comtrade; production - FAOSTAT (FAO). Values are official reported figures.

Argentina olive oil - Production, Exports, Imports, Seasons and HS Codes

The amount of olive oil exported by Argentina in 2020 was 22,177 metric tonnes. In 2019 Argentina exported 23,276 tonnes of olive oil. Across 2019 alone, the interest in Argentina olive oil (processed category) has increased, recording a change of 7.58 per cent compared to the year 2018. Between 2017 and 2019, olive oil's exports went down by -37.29% bringing the country US$70.81m for the year 2019. Argentina's olive oil exports are categorised as:

Olive oil and fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (excluding virgin and chemically modified) (HS code 150990)
Virgin olive oil and its fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (HS code 150910)
Other oils and their fractions, obtained solely from olives, whether or not refined, but not chemically modified, incl. blends of these oils or fractions with oils or fractions of heading 1509 (HS code 151000)

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Argentina olive oil export values

In 2019, Argentina supplied olive oil worth 70.81m USD, a drop of -14.13% from 2018's total olive oil export of 82.461m USD. The annual reduction in value of Argentina olive oil between 2017 to 2018 was -45.608%.

The annual variation in the quantity of Argentina's olive oil exports between 2017 and 2019 was -37.29 per cent when compared to a variation of 7.58% in the growth rate between 2018 and 2019.

Argentina's portion of the world's total olive oil's exports in 2019 was less than 1%. The country holds number 15 in world exports of olive oil.

Export markets for Argentina olive oil ( in '000$ )

Argentina's leading export markets for olive oil are US, Spain, Brazil, Uruguay and Canada.

Import/Export Trends

Argentina is a net exporter of olive oil. The annual growth of Argentina olive oil in value between 2015 to 2019 was 16%, per year, while annual growth in quantity was -9%, per annum.

Argentina procured 366 tonnes of olive oil in 2019.

Other Processed Prices in Argentina

Latest prices for other processed in Argentina:

Yerba mate$1.88/kg Soyabean oil$1.02/kg Agave syrup$0.79/kg Butter$5.92/kg Wine$4.18/kg Cotton$1.08/kg Green Tea$1.57/kg Maize (corn) flour$0.80/kg Milk & Cream$0.66/kg Black Tea$1.07/kg Natural Honey$2.70/kg Raw Hides & Skins$0.45/kg Sugar$0.48/kg Chocolate$4.06/kg Whisky$2.35/kg

Es: Argentina Aceite de oliva precios

Scientific name: N

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