Commodity Origins

How much olive oil does Greece produce and export?

Greece is the 4th largest producer of olive oil: 228,850 tonnes in 2023, 8.7% of the world's 2.6 million tonnes (FAOSTAT). It is the 5th largest exporter by value: $1 billion in 2024, 6.2% of world exports of olive oil (HS 1509) (CEPII BACI). Its biggest customer is Italy, which takes 53% of its olive oil exports by value.

All about olive oil · All about Greece

Greece's olive oil production

Greece olive oil production, 2023
World rankProduction (tonnes)Share of worldTen-year growthYear
4228,850 tonnes8.7%-2.4% a year2023

FAOSTAT Crops and livestock products (QCL), 2023. World total is the sum of reporting countries.

Greece olive oil production monthly prices, tonnes, Jan 1961 to Jan 2023Line chart of greece olive oil production monthly prices in tonnes from Jan 1961 to Jan 2023: Greece olive oil production from 215,000 to 228,850, peaking at 411,285.0100,000200,000300,000400,000196519701975198019851990199520002005201020152020tonnes
Greece olive oil production

Share of world output over time

Greece's share of world olive oil production in selected years
19902000201020202023
13%16%9.4%8.2%8.7%

Average annual share by decade: 1960s 13%, 1970s 15%, 1980s 17%, 1990s 17%, 2000s 13%, 2010s 10%, 2020s 8.5%. See the concentration-over-time report.

Greece's olive oil exports

Greece exports of Olive oil and its fractions, 2024
World rankExport valueShare of world exportsQuantity (tonnes)Average value per tonneYear
5$1 billion6.2%121,419 t$8,2972024

CEPII BACI international trade database (HS22, V202601), HS 1509 (Olive oil and its fractions).

Where Greece's olive oil goes

Largest destinations of Greece's olive oil exports, 2024
DestinationValueShare of Greece's exports
Italy$538M53%
Germany$124M12%
United States$84M8.3%
United Kingdom$32M3.2%
Spain$24M2.4%

Largest five destinations of 3,515 exporter-importer pairs BACI reports for 2024. See trade flows.

How much olive oil Greece uses

Greece's domestic supply of olive oil was 104 thousand tonnes in 2023, 3.4% of the world's. Food supply was 8.8 kg per person a year, 2nd highest of 141 countries with a million or more people. It produced 285% of what it used (self-sufficiency) and imported 3%. FAO's item is "Olive oil". Consumption · Self-sufficiency.

Cite as: Commodity Origins, "Greece olive oil: production, exports and prices", https://commodityorigins.com/countries/GRC/olive-oil/ (CC BY 4.0). Rankings count only countries reporting to the sources named; this page is shown only for top-five producers or exporters with at least 3% of the world total. Report an issue with this page.