Olives Prices in Portugal
| Variety | Market level | Price (US$/kg) | Local (EUR) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| - | Farmgate | 0.67 | 0.62 | ▼ 30.0% | ▼ 30.0% | FAOSTAT Producer Prices |
| - | Export (unit value) | 0.89 | 0.83 | ▲ 4.5% | ▲ 4.5% | UN Comtrade (unit value) |
As of June 2026, the olives price in Portugal available is US$ 0.67 per kg (0.62 EUR), down 30.0% year-on-year.
Portugal is the world's leading olive exporter in 2024, shipping 82,454 tonnes valued at US$70.5 million and accounting for 50.3% of global exports. The country produced 1,340,820 tonnes of olives, ranking fourth globally and representing 5.9% of world output. The latest farmgate price for generic olives is US$0.6735 per kg.
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Olives Price History & Trend
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Production, Exports, Imports & HS Codes - olives in Portugal
Portugal is the world's leading olive exporter in 2024, shipping 82,454 tonnes valued at US$70.5 million and accounting for 50.3% of global exports. The country produced 1,340,820 tonnes of olives, ranking fourth globally and representing 5.9% of world output. The latest farmgate price for generic olives is US$0.6735 per kg.
Exports UN Comtrade · 2024
In 2024, Portugal exported $70.5M (82.5 kt) of olives▲ 28.7% YoY. That ranks #1 worldwide (50.3% of global exports).
Export value by year (US$)
Export volume by year
Top olives exporters worldwide UN Comtrade · 2024
- #1 Portugal $70.5M · 50.3%
- #2 Spain $29.6M · 21.1%
- #3 Netherlands $12.2M · 8.7%
- #4 Italy $12.1M · 8.6%
- #5 Greece $9.5M · 6.8%
Annual export data Portugal · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $70.5M | 82.5 kt | $0.86 |
| 2023 | $54.8M | 63.8 kt | $0.86 |
| 2022 | $35.6M | 52.6 kt | $0.68 |
| 2021 | $36.5M | 62 kt | $0.59 |
| 2020 | $21.2M | 31.1 kt | $0.68 |
Production FAOSTAT · 2024
Portugal produced 1.34 Mt of olives in 2024▲ 12.2% YoY. It ranks #4 among producing countries (5.9% of world output).
Production by year (tonnes)
HS Code
olives is traded under Harmonized System code 0709.92. Trade figures above are compiled for this HS heading.
Sources: trade & HS - UN Comtrade; production - FAOSTAT (FAO); harvest season - FAO GIEWS Crop Calendar. Values are official reported figures.