What is the price of olive oil in Malaysia?

As of January 2021, olive oil in Malaysia is US$ 5.04 per kg (22.86 MYR), sourced from UN Comtrade (unit value).

What was Malaysia's global rank in olive oil exports?

Malaysia ranked #73 out of 114 olive oil exporters.

What was the export value of olive oil from Malaysia in 2021?

The export value was US$35,360.

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

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Current Olive Oil Prices in Malaysia
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Olive Oil Prices in Malaysia

US$ 5.04 / kg

22.86 MYR / kg

MoM ▲ 79.7% YoY ▲ 79.7%

Checked: Jun 9, 2026

Price as of: January 2021

Source: UN Comtrade (unit value)

Variety	Market level	Price (US$/kg)	Local (MYR)	MoM	YoY	Source
-	Export (unit value)	5.04	22.86	▲ 79.7%	▲ 79.7%	UN Comtrade (unit value)

As of June 2026, the olive oil price in Malaysia available is US$ 5.04 per kg (22.86 MYR), up 79.7% year-on-year.

Malaysia exported 7 tonnes of olive oil in 2021, valued at US$35,360, ranking #73 among 114 global exporters and accounting for 0.0% of world exports. Export value declined by 20.8% year-on-year. The latest export unit value is US$5.0389 per kg. Malaysia is a net exporter of olive oil.

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Olive Oil Price History & Trend

We are building a dedicated olive oil price series for Malaysia 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 Malaysia

Exports UN Comtrade · 2021

In 2021, Malaysia exported $35.4K (7 t) of olive oil▼ 20.8% YoY. That ranks #73 worldwide (0% of global exports).

$35.4K

Export value

7 t

Export volume

#73 / 114

World rank

Global share

$5.04

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 Malaysia · UN Comtrade

Year	Export value (US$)	Volume	Avg price/kg
2021	$35.4K	7 t	$5.04
2020	$44.6K	15.9 t	$2.8

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. Values are official reported figures.

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

The amount of olive oil shipped by Malaysia in 2020 was 1,577 metric tons. In 2019 Malaysia shipped 722 tonnes of olive oil. Through 2019 alone, the market for Malaysia olive oil (processed category) has shrunk, recording a change of -78.396 pc compared to the year 2018. Between 2017 and 2019, olive oil's exports decreased by -59.57 percent bringing the country US$0.40m for the year 2019. Malaysia's olive oil exports are categorised as:

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)
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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Malaysia olive oil export values

In 2019, Malaysia shipped olive oil with a value of 0.40m USD, a drop of -82.17% from 2018's total olive oil export of 2.243m USD. The annual change in value of Malaysia olive oil between 2017 to 2018 was 83.852 pc.

The annual change in the amount of Malaysia's olive oil exports between 2017 and 2019 was -59.57 percent when compared to a variation of -78.396% in the growth rate between 2018 and 2019.

Malaysia's share of the world's total olive oil's exports in 2019 was less than 1%. Malaysia is ranked number 33 in world exports of olive oil.

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

Malaysia's top destinations for olive oil are Singapore, Thailand, Myanmar, Italy and Indonesia.

Import/Export Trends

Malaysia is a net importer of olive oil. The annual growth of Malaysia olive oil in value between 2015 to 2019 was -19%, per annum, while annual growth in quantity during the same period was -10%, per annum.

Malaysia procured 2,895 tonnes of olive oil in 2019.

Olive Oil Prices Across Asia

Compare the latest olive oil prices in other Asia countries:

Uzbekistan$8.30/kg Sri Lanka$2.51/kg Thailand$3.21/kg India$5.63/kg Philippines$7.19/kg China$8.95/kg South Korea$5.47/kg Hong Kong$5.33/kg Pakistan$9.79/kg Cambodia$0.38/kg Japan$18.21/kg Macao$8.76/kg Indonesia$8.33/kg Iran$3.44/kg Kazakhstan$5.80/kg

Other Processed Prices in Malaysia

Latest prices for other processed in Malaysia:

Glycerol$0.91/kg Sugar$0.53/kg Coffee$5.62/kg Copra$2.62/kg Palm Oil$0.91/kg Soyabean oil$1.36/kg Coconut oil$2.62/kg Margarine$1.49/kg Cocoa Powder (Solids)$3.23/kg Coconut flour$5.31/kg Natural Rubber$0.61/kg Natural Honey$4.37/kg Molasses$0.45/kg Chocolate$3.50/kg Cocoa Beans$5.30/kg

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