Olive Oil Prices in Spain
| Variety | Market level | Price (US$/kg) | Local (EUR) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| - | Export (unit value) | 3.76 | 3.48 | ▲ 27.1% | ▲ 27.1% | UN Comtrade (unit value) |
As of June 2026, the olive oil price in Spain available is US$ 3.76 per kg (3.48 EUR), up 27.1% year-on-year.
Spain is the world's leading exporter of olive oil, shipping 807,955 tonnes valued at US$3.04 billion in 2021, which accounts for 43.0% of global exports and ranks #1 among 114 exporters. In 2023, Spain also led global production with 854,001 tonnes, representing 32.6% of world output. The latest export unit value for Spanish olive oil is US$3.7618 per kg.
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Olive Oil Price History & Trend
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Production, Exports, Imports & HS Codes - olive oil in Spain
Spain is the world's leading exporter of olive oil, shipping 807,955 tonnes valued at US$3.04 billion in 2021, which accounts for 43.0% of global exports and ranks #1 among 114 exporters. In 2023, Spain also led global production with 854,001 tonnes, representing 32.6% of world output. The latest export unit value for Spanish olive oil is US$3.7618 per kg.
Exports UN Comtrade · 2021
In 2021, Spain exported $3.04B (808 kt) of olive oil▲ 20.4% YoY. That ranks #1 worldwide (43% of global exports).
Export value by year (US$)
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 $565.6M · 8%
Annual export data Spain · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2021 | $3.04B | 808 kt | $3.76 |
| 2020 | $2.52B | 852.5 kt | $2.96 |
Production FAOSTAT · 2023
Spain produced 854 kt of olive oil in 2023▲ 28.2% YoY. It ranks #1 among producing countries (32.6% of world output).
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.