Commodity Origins

How much olive oil does Italy produce and export?

Italy is the 2nd largest producer of olive oil: 359,540 tonnes in 2023, 14% of the world's 2.6 million tonnes (FAOSTAT). It is the 2nd largest exporter by value: $3.1 billion in 2024, 19% of world exports of olive oil (HS 1509) (CEPII BACI). Its biggest customer is the United States, which takes 33% of its olive oil exports by value.

All about olive oil · All about Italy

Italy's olive oil production

Italy olive oil production, 2023
World rankProduction (tonnes)Share of worldTen-year growthYear
2359,540 tonnes14%-2.5% a year2023

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

Italy olive oil production monthly prices, tonnes, Jan 1961 to Jan 2023Line chart of italy olive oil production monthly prices in tonnes from Jan 1961 to Jan 2023: Italy olive oil production from 394,100 to 359,540, peaking at 824,000.0200,000400,000600,000800,000196519701975198019851990199520002005201020152020tonnes
Italy olive oil production

Share of world output over time

Italy's share of world olive oil production in selected years
19902000201020202023
11%20%17%9.8%14%

Average annual share by decade: 1960s 32%, 1970s 31%, 1980s 32%, 1990s 25%, 2000s 22%, 2010s 14%, 2020s 12%. See the concentration-over-time report.

Italy's olive oil exports

Italy exports of Olive oil and its fractions, 2024
World rankExport valueShare of world exportsQuantity (tonnes)Average value per tonneYear
2$3.1 billion19%308,664 t$9,9902024

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

Where Italy's olive oil goes

Largest destinations of Italy's olive oil exports, 2024
DestinationValueShare of Italy's exports
United States$1.0B33%
Germany$433M14%
France$197M6.4%
Japan$155M5%
United Kingdom$134M4.3%

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

Italy as a buyer of olive oil

Italy imported $3.2 billion of olive oil (HS 1509) in 2024, 20% of world imports, ranked #1. Of its $3.2 billion of olive oil imports in 2024, 57% came from Spain and 17% from Greece, among 44 suppliers. Largest sources: Spain (57%), Greece (17%), Tunisia (14%), Portugal (8.3%), Turkey (Türkiye) (2.8%).

Import dependency · Supplier shifts

How much olive oil Italy uses

Italy's domestic supply of olive oil was 535 thousand tonnes in 2023, 17% of the world's. Food supply was 8.6 kg per person a year, 3rd highest of 141 countries with a million or more people. It produced 77% of what it used (self-sufficiency) and imported 90%. FAO's item is "Olive oil". Consumption · Self-sufficiency.

Cite as: Commodity Origins, "Italy olive oil: production, exports and prices", https://commodityorigins.com/countries/ITA/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.