PlainTariff

FAO FAOSTAT Trade Data · Commodity · Code 261

Olive oil

Global agricultural trade data from FAO FAOSTAT. Cumulative 2018–2023 values for the top 50 trading nations.

$53.6B
exports, 2018–2023
$55.0B
imports, 2018–2023
49.3%
of trade is exports
#40 of 100
by cumulative trade value

Rising latest-year exports

What FAO trade shows for Olive oil

Top-50 export value for Olive oil rose about 20% on the latest full-year pair in this extract.

Cumulative 2018–2023 trade in Olive oil (FAO code 261) reached $53.6B in exports and $55.0B in imports across the top 50 trading nations. Spain leads exports, while Italy is the largest importer. Related US lines typically classify under HTS Chapter 15; duty rates still depend on the exact subheading.

Dig deeper: HTS Chapter 15 rates. Source: FAO FAOSTAT Trade: Crops and Livestock (USD converted from 1000 USD units).

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)

# Country Export Value
1 Spain $4.5B
2 Italy $2.2B
3 Greece $1.3B
4 Portugal $1.2B
5 Türkiye $733.1M
6 Argentina $218.3M
7 Chile $112.3M
8 France $111.8M
9 United States of America $60.3M
10 Belgium $48.4M

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?
Spain is the largest exporter of Olive oil by value. Figures are cumulative FAO FAOSTAT top-50 values (2018–2023).
Which countries import the most Olive oil?
Italy is the largest importer of Olive oil by value. Volumes reflect FAO top-50 demand patterns.
How has global trade in Olive oil changed over time?
Top-50 export value for Olive oil rose about 20% on the latest full-year pair; the trend table shows the full 2018–2023 arc from FAO FAOSTAT TCL.
What tariffs apply to importing Olive oil into the US?
US duties follow the HTS. Lines related to Olive oil usually sit in Chapter 15; the exact 8- or 10-digit subheading sets the rate. Open the chapter page on PlainTariff to read the published schedule.
Where does the trade data come from?
All figures on this Olive oil page come from FAO FAOSTAT Trade: Crops and Livestock (TCL). Values are USD converted from FAO 1000 USD units; years cover 2018–2023.
Where does Olive oil rank among agricultural commodities tracked on PlainTariff?
By cumulative 2018–2023 global trade value, Olive oil ranks #40 of 100 among FAO-tracked agricultural commodities on PlainTariff (highest total trade value = #1).

Nationwide commodities with similar trade scale

Two FAO FAOSTAT peer sets for Olive oil, each excluding this commodity (country tables above stay the bilateral path).

Sources: U.S. International Trade Commission Harmonized Tariff Schedule (2026 Basic Edition) and FAO FAOSTAT Trade: Crops and Livestock. See our methodology for how figures are computed.

Every figure on PlainTariff is rendered directly from federal source data, no number is typed in by an editor. This page draws directly on federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.