What is the price of olive oil in Australia?

As of January 2020, olive oil in Australia is US$ 4.40 per kg (6.61 AUD), sourced from UN Comtrade (unit value).

What is Australia's global rank in olive oil exports?

Australia ranks 17th among 114 olive oil exporters.

How much olive oil did Australia export in 2021?

Australia exported olive oil worth US$7,621,734 in 2021.

What was Australia's olive oil production in 2023?

Australia produced 23,500 tonnes of olive oil in 2023.

What is the latest export price for Australian olive oil?

The latest export unit value for Australian olive oil is US$4.3957 per kg.

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

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Current Olive Oil Prices in Australia
Olive Oil Price History & Trend
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Olive Oil Prices in Australia

US$ 4.40 / kg

6.61 AUD / kg

Checked: Jun 9, 2026

Price as of: January 2020

Source: UN Comtrade (unit value)

Variety	Market level	Price (US$/kg)	Local (AUD)	MoM	YoY	Source
-	Export (unit value)	4.40	6.61	n/a	n/a	UN Comtrade (unit value)

As of June 2026, the olive oil price in Australia available is US$ 4.40 per kg (6.61 AUD).

Australia is a net exporter of olive oil, with 2021 exports valued at US$7.62 million, ranking 17th among 114 exporters and accounting for 0.1% of global exports, up 20.1% year-on-year. In 2023, Australia produced 23,500 tonnes of olive oil, ranking 14th globally and representing 0.9% of world output, with a 17.5% increase from the previous year. The latest export unit value is US$4.3957 per kg.

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Olive Oil Price History & Trend

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

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Use this data freely with attribution to Selina Wamucii.

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

Exports UN Comtrade · 2021

In 2021, Australia exported $7.6M of olive oil▲ 20.1% YoY. That ranks #17 worldwide (0.1% of global exports).

$7.6M

Export value

#17 / 114

World rank

0.1%

Global share

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 Australia · UN Comtrade

Year	Export value (US$)	Volume	Avg price/kg
2021	$7.6M	-	-
2020	$6.3M	1.4 kt	$4.4

Production FAOSTAT · 2023

Australia produced 23.5 kt of olive oil in 2023▲ 17.5% YoY. It ranks #14 among producing countries (0.9% of world output).

23.5 kt

mi_production

#14

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.

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

The quantity of olive oil exported by Australia in 2020 was 2,515 metric tonnes. In 2019 Australia shipped 2,925 tonnes of olive oil. Through 2019 alone, the market for Australia olive oil (processed category) has climbed, recording a change of 9.469 percent compared to the year 2018. Between 2017 and 2019, olive oil's exports decreased by -13.74 pc netting Australia US$14.37m for the year 2019. Australia's olive oil exports are categorised as:

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)
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)
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)

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Australia olive oil export values

In 2019, Australia sold olive oil with a value of 14.37m USD, an improvement of 11.09% from 2018's total olive oil export of 12.936m USD. The yearly increase in value of Australia olive oil between 2017 to 2018 was -31.067 pc.

The annual change in the volume of Australia's olive oil exports between 2017 and 2019 was -13.74% compared to a variation of 9.469% in the period between 2018 and 2019.

Australia's share of the world's total olive oil's exports in 2019 was less than 1%. Australia holds position 37 in world exports of olive oil.

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

Australia's best performing export markets for olive oil are Mexico, China, New Zealand, Chile and Latvia.

Import/Export Trends

Australia is a net importer of olive oil. The annual growth of Australia olive oil in value between 2015 to 2019 was -2%, per annum, while annual growth in quantity during the same period was -8%, per annum.

Australia purchased 30,931 tonnes of olive oil in 2019.

Other Processed Prices in Australia

Latest prices for other processed in Australia:

Natural Honey$7.24/kg Cotton$2.71/kg Molasses$0.16/kg Wheat flour$0.15/kg Canola Oil$1.09/kg Raw Hides & Skins$1.07/kg Butter$7.45/kg Chocolate$4.29/kg Coffee$9.67/kg Sugar$0.85/kg Natural Rubber$7.38/kg Cocoa Beans$7.24/kg Kelp$67.63/kg Milk & Cream$1.29/kg Cheese$5.30/kg

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