What is the price of olive oil in Montenegro?

As of January 2021, olive oil in Montenegro is US$ 36.24 per kg (33.49 EUR), sourced from UN Comtrade (unit value).

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

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Olive Oil Prices in Montenegro

US$ 36.24 / kg

33.49 EUR / kg

MoM ▲ 544.3% YoY ▲ 544.3%

Checked: Jun 9, 2026

Price as of: January 2021

Source: UN Comtrade (unit value)

Variety	Market level	Price (US$/kg)	Local (EUR)	MoM	YoY	Source
-	Export (unit value)	36.24	33.49	▲ 544.3%	▲ 544.3%	UN Comtrade (unit value)

As of June 2026, the olive oil price in Montenegro available is US$ 36.24 per kg (33.49 EUR), up 544.3% year-on-year.

In 2021, Montenegro exported 1 tonne of olive oil valued at US$43,338, ranking #72 among 114 global exporters and accounting for 0.0% of world exports. The country produced 25 tonnes of olive oil in 2023, placing it #32 globally with 0.0% of world output. The latest export unit value is US$36.241 per kg.

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Olive Oil Price History & Trend

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

Exports UN Comtrade · 2021

In 2021, Montenegro exported $43.3K (1.2 t) of olive oil▲ 9985.5% YoY. That ranks #72 worldwide (0% of global exports).

$43.3K

Export value

1.2 t

Export volume

#72 / 114

World rank

Global share

$36.24

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 Montenegro · UN Comtrade

Year	Export value (US$)	Volume	Avg price/kg
2021	$43.3K	1.2 t	$36.24
2020	$430	0.1 t	$5.62

Production FAOSTAT · 2023

Montenegro produced 25.1 t of olive oil in 2023▼ 22.9% YoY. It ranks #32 among producing countries (0% of world output).

25.1 t

mi_production

#32

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.

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

In 2019 Montenegro shipped 2 tonnes of olive oil. Through 2019 alone, the market for Montenegro olive oil (processed category) has been relatively stable, with a change of 0 per cent compared to the year 2018. Between 2017 and 2019, olive oil's exports was steady 0% bringing Montenegro US$0.09m for the year 2019. Montenegro'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)
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)

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Montenegro olive oil export values

In 2019, Montenegro exported olive oil worth 0.09m USD, a growth of 45.16% from 2018's total olive oil export of 0.062m USD. The annual growth in value of Montenegro olive oil between 2017 to 2018 was -19.481 per cent.

The per year variation in the amount of Montenegro's olive oil exports between 2017 and 2019 was 0 per cent in comparison to a variation of 0% in the period between 2018 and 2019.

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

Montenegro's best performing export markets for olive oil are Germany.

Montenegro purchased 577 tonnes of olive oil in 2019.

Olive Oil Prices Across Europe

Compare the latest olive oil prices in other Europe countries:

Greece$4.30/kg Albania$5.89/kg Bulgaria$2.99/kg Italy$5.30/kg Russia$3.88/kg Spain$3.76/kg Germany$7.02/kg Portugal$3.83/kg Georgia$8.84/kg Netherlands$5.84/kg Norway$21.33/kg Romania$4.44/kg Sweden$5.68/kg Denmark$7.03/kg Poland$5.83/kg

Other Processed Prices in Montenegro

Latest prices for other processed in Montenegro:

Raw Hides & Skins$1.28/kg Tung oil$8.96/kg Chocolate$3.80/kg Kefir & Buttermilk$1.04/kg Spelt flour$5.40/kg Tempeh$4.27/kg Whisky$19.09/kg Beer$0.58/kg Lavender Oil$223.46/kg Mushrooms &Truffles$8.68/kg Almond butter$3.53/kg

Scientific name: N

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