Olive Oil Prices in US
| Variety | Market level | Price (US$/kg) | Price (US$/lb) | Local (USD) | MoM | YoY | Source |
|---|---|---|---|---|---|---|---|
| - | Export (unit value) | 3.97 | 1.80 | - | ▲ 7.2% | ▲ 7.2% | UN Comtrade (unit value) |
As of June 2026, the olive oil price in US available is US$ 3.97 per kg (US$ 1.80 / lb), up 7.2% year-on-year.
In 2021, the US exported US$20.4 million of olive oil (5,134 tonnes), ranking 13th among 114 exporters and accounting for 0.3% of global exports, with a 21.3% year-on-year increase. The US is a net exporter. In 2023, production reached 12,000 tonnes, placing the US 19th globally and representing 0.5% of world output, though this was a 25% decrease from the previous year. The latest export unit value is US$3.974 per kg.
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Olive Oil Price History & Trend
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Production, Exports, Imports & HS Codes - olive oil in US
In 2021, the US exported US$20.4 million of olive oil (5,134 tonnes), ranking 13th among 114 exporters and accounting for 0.3% of global exports, with a 21.3% year-on-year increase. The US is a net exporter. In 2023, production reached 12,000 tonnes, placing the US 19th globally and representing 0.5% of world output, though this was a 25% decrease from the previous year. The latest export unit value is US$3.974 per kg.
Exports UN Comtrade · 2021
In 2021, US exported $20.4M (5.1 kt) of olive oil▲ 21.3% YoY. That ranks #13 worldwide (0.3% of global exports).
Export value by year (US$)
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 $565.6M · 8%
Annual export data US · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2021 | $20.4M | 5.1 kt | $3.97 |
| 2020 | $16.8M | 4.5 kt | $3.71 |
Production FAOSTAT · 2023
US produced 12 kt of olive oil in 2023▼ 25% YoY. It ranks #19 among producing countries (0.5% 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.