How much olive oil does Portugal produce and export?
Portugal is the nullth largest producer of olive oil: 175,529 tonnes in 2023, 6.7% of the world's 2.6 million tonnes (FAOSTAT). It is the 4th largest exporter by value: $1.6 billion in 2024, 9.7% of world exports of olive oil (HS 1509) (CEPII BACI). Its biggest customer is Spain, which takes 45% of its olive oil exports by value.
All about olive oil · All about Portugal
Portugal's olive oil production
| World rank | Production (tonnes) | Share of world | Ten-year growth | Year |
|---|---|---|---|---|
| 175,529 tonnes | 6.7% | +6.7% a year | 2023 |
FAOSTAT Crops and livestock products (QCL), 2023. World total is the sum of reporting countries.
Share of world output over time
| 1990 | 2000 | 2010 | 2020 | 2023 |
|---|---|---|---|---|
| 1.6% | 1% | 2% | 3.2% | 6.7% |
Portugal's olive oil exports
| World rank | Export value | Share of world exports | Quantity (tonnes) | Average value per tonne | Year |
|---|---|---|---|---|---|
| 4 | $1.6 billion | 9.7% | 216,272 t | $7,294 | 2024 |
CEPII BACI international trade database (HS22, V202601), HS 1509 (Olive oil and its fractions).
Where Portugal's olive oil goes
| Destination | Value | Share of Portugal's exports |
|---|---|---|
| Spain | $710M | 45% |
| Brazil | $456M | 29% |
| Italy | $265M | 17% |
| United States | $33M | 2.1% |
| France | $30M | 1.9% |
Portugal as a buyer of olive oil
Portugal imported $631.2 million of olive oil (HS 1509) in 2024, 3.9% of world imports, ranked #7. Of its $631.2 million of olive oil imports in 2024, 88% came from Spain and 5% from Tunisia, among 37 suppliers.
How much olive oil Portugal uses
Portugal's domestic supply of olive oil was 82 thousand tonnes in 2023, 2.7% of the world's. Food supply was 5.9 kg per person a year, 4th highest of 141 countries with a million or more people. It produced 200% of what it used (self-sufficiency) and imported 126%. FAO's item is "Olive oil". Consumption · Self-sufficiency.
Cite as: Commodity Origins, "Portugal olive oil: production, exports and prices", https://commodityorigins.com/countries/PRT/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.