Olive Oil Prices in Turkey
| Variety | Market level | Price (US$/kg) | Local (TRY) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| - | Export (unit value) | 3.05 | 60.50 | ▲ 16.8% | ▲ 16.8% | UN Comtrade (unit value) |
As of June 2026, the olive oil price in Turkey available is US$ 3.05 per kg (60.50 TRY), up 16.8% year-on-year.
Turkey is a net exporter of olive oil, ranking #6 among 114 exporters in 2021 with exports totaling US$116.8 million and 38,243 tonnes, accounting for 1.7% of global exports and showing a 43.9% year-on-year increase. In 2023, Turkey produced 234,515 tonnes of olive oil, holding the #3 position globally with 9.0% of world output, though production declined by 22.4% year-on-year. The latest export unit value is US$3.054 per kg.
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Olive Oil Price History & Trend
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Production, Exports, Imports & HS Codes - olive oil in Turkey
Turkey is a net exporter of olive oil, ranking #6 among 114 exporters in 2021 with exports totaling US$116.8 million and 38,243 tonnes, accounting for 1.7% of global exports and showing a 43.9% year-on-year increase. In 2023, Turkey produced 234,515 tonnes of olive oil, holding the #3 position globally with 9.0% of world output, though production declined by 22.4% year-on-year. The latest export unit value is US$3.054 per kg.
Exports UN Comtrade · 2021
In 2021, Turkey exported $116.8M (38.2 kt) of olive oil▲ 43.9% YoY. That ranks #6 worldwide (1.7% of global exports).
Export value by year (US$)
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 $565.6M · 8%
Annual export data Turkey · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2021 | $116.8M | 38.2 kt | $3.05 |
| 2020 | $81.2M | 31.1 kt | $2.61 |
Production FAOSTAT · 2023
Turkey produced 234.5 kt of olive oil in 2023▼ 22.4% YoY. It ranks #3 among producing countries (9% 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.