Olive oil
Global agricultural trade data from FAO FAOSTAT. Showing cumulative 2018–2023 values for top 50 trading nations.
About Olive oil Trade Data
This page tracks global trade flows for Olive oil (FAO code 261) across the top 50 agricultural trading nations. Cumulative export value for 2018–2023 reached $53.6B, while global imports totaled $55.0B. The scale of this tariff-sensitive commodity matters because shifts in US import duties, Section 301 actions, or bilateral free trade agreements can move prices and supply lines in weeks rather than years.
Spain leads global exports of Olive oil, while Italy is the largest importer. On the US side, closely related products typically classify under HTS Chapter 15, where duty rates depend on the exact 8- or 10-digit subheading. Trade balance between exporting and importing nations reveals structural dependencies that tariff policy can either reinforce or disrupt.
Use this data to benchmark supplier countries, estimate market concentration, and anticipate how tariff changes ripple through Olive oil supply chains. All figures come from FAO FAOSTAT Trade: Crops and Livestock (TCL), converted from FAO 1000 USD reporting units to USD. Combine the trend table, top exporter/importer rankings, and the linked US HTS chapter to build a complete picture of where Olive oil moves, how much is traded, and what tariffs apply at the US border.
Trade Trend (2019–2023)
| Year | Total Exports (top 50 countries) | Total Imports (top 50 countries) |
|---|---|---|
| 2019 | $6.3B | $7.0B |
| 2020 | $6.5B | $7.4B |
| 2021 | $7.7B | $8.3B |
| 2022 | $8.8B | $9.9B |
| 2023 | $10.6B | $11.5B |
Top Exporters (2023)
Top Importers (2023)
| # | Country | Import Value |
|---|---|---|
| 1 | Italy | $2.6B |
| 2 | United States of America | $2.2B |
| 3 | Spain | $1.2B |
| 4 | France | $766.7M |
| 5 | Brazil | $600.4M |
| 6 | Portugal | $556.3M |
| 7 | Germany | $473.4M |
| 8 | United Kingdom of Great Britain and Northern Ireland | $414.5M |
| 9 | Japan | $328.6M |
| 10 | Canada | $290.8M |
Frequently Asked Questions
Which countries export the most Olive oil? ▼
Which countries import the most Olive oil? ▼
How has global trade in Olive oil changed over time? ▼
What tariffs apply to importing Olive oil into the US? ▼
Where does the trade data come from? ▼
Learn More About Tariffs & Trade
Related Trade & Economic Data
Source: FAO FAOSTAT Trade: Crops and Livestock (TCL). Data covers the top 50 agricultural trading nations. Values in USD (converted from 1000 USD units). Years: 2018–2023.
Read our methodology — how this data is sourced, computed, and verified.