Olive oil production overview

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Olive oil is one of the best agricultural products with high nutritional value, and it is called liquid gold because of its benefits. Today we will talk about the global production of this product, in addition to discussing the main exporting and importing countries.

World olive oil production

According to the final reports on world olive oil production, it reached 2.6 million metric tons for the year 2022/2023. The following table shows the production quantity for each country:

RankCountryProduction (×1000t)
FirstSpain666
SecondGreece345
ThirdItaly241
FourthPortugal126

Notes: The following image shows the global olive oil production for 2021/2022 according to fao reports.

Export and import statistics for countries

Exporting countries for olive oil :

The following table shows the top exporters countries:

CountryExport Value ( USD )Export percentage
Spain322 M49.5 %
Italy115 M17.7%
Greece69.6 M10.7 %
Portugal45.5 M7 %
Morocco28.1 M4.32%

Importing countries:

The following table shows the most important importing countries:

CountryImport value ( USD )Import percentage
Spain114 M17.5 %
Italy84 M12.9 %
United states51.3 M7.89 %
Portugal50.5 M7.76 %
United arab emirates28.6 M4.39 %

We notice that some importing countries are the same as exporting countries, and this is due to several reasons.

For example, a country like Italy is known for importing olives and then we process them, recycle them and prepare them again to be exported again.

There are other reasons, such as that olive oil has different types, so countries import types that are not grown in them.

The following image shows the most important importing countries, based on the value in tons and not the financial value which was shown in the previous table:

This image is from the International Olive Council, and shows the differences from 2017 to 2023.

Read about: Peanuts Production: Top exporters and importers

Main exporting and importing companies

Now we will show the most prominent exporting and importing companies:

Exporting companies:

The best exporting companies are as follows:

Importing Companies:

The most prominent importing companies are as follows:

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