Global Olive Oil Exports Data: Top Olive Oil Exporters & Suppliers

Olive oil has become one of the most popular cooking oils worldwide, known for its health benefits and flavorful taste. As the demand for olive oil continues to rise, the global olive oil market has seen significant growth in recent years. According to the global trade data and olive oil export data, the total value of global olive oil exports was valued at $12.14 billion in 2023-24 with an 8% increase from the previous year. Over 1.2 million tons of olive oil were imported and exported globally in 2024–2025. In this article, we will explore the importance of global olive oil export data and highlight the top olive oil exporters and suppliers in the world and their impact on the global trade data. 

• According to the olive oil Exporters data, there are 32500+ active olive oil suppliers in the world.
• These exporters supply olive oil to 32100+ olive oil buyers worldwide.
• Olive oil is exported by 150+ countries globally, as per the olive oil export data by country.
• Based on the Olive oil shipment data for 2024, there are 383600+ active olive oil export shipments around the world.
• The 4-digit HS code for olive oil is 1509 in international trade.

List of Top Olive Oil Suppliers: Global Olive Oil Exporters Database

This comprehensive database offers a curated list of top-notch global olive oil exporters, ensuring high-quality products and reliable service. Whether you are a distributor, retailer, or simply a connoisseur of fine olive oil, this database is a valuable resource to streamline your search for premium olive oil suppliers in the world. The top 10 olive oil suppliers and exporter companies at the global level as per the olive oil export shipment data for 2024 are:

1. Deoleo S.A.

• A Spanish multinational company, Deoleo is one of the world’s largest producers and distributors of olive oil, owning brands like Bertolli and Carapelli.
• Olive Oil Export Shipments in 2024: 250 million liters (250,000 tons).
• Country of Origin: Spain.

2. Sovena Group

• A Portuguese company, Sovena is a leading producer and distributor of olive oil, with a strong presence in both retail and food service sectors.
• Olive Oil Export Shipments in 2024: 200 million liters (200,000 tons).
• Country of Origin: Portugal.

3. Borges International Group

• Based in Spain, Borges is a significant player in the olive oil industry, offering a wide range of products including extra virgin olive oil.
• Olive Oil Export Shipments in 2024: 180 million liters (180,000 tons).
• Country of Origin: Spain.

4. California Olive Ranch

• An American company, California Olive Ranch is the largest producer of extra virgin olive oil in the United States, focusing on high-quality, sustainably produced oils.
• Olive Oil Export Shipments in 2024: 100 million liters (100,000 tons).
• Country of Origin: United States.

5. Salov S.p.A.

• An Italian company, Salov owns the Filippo Berio brand and is a significant exporter of Italian olive oil.
• Olive Oil Export Shipments in 2024: 90 million liters (90,000 tons).
• Country of Origin: Italy.

6. Gallo Worldwide

• A global company, Gallo Worldwide, is involved in the production and distribution of olive oil, among other products.
• Olive Oil Export Shipments in 2024: 70 million liters (70,000 tons).
• Country of Origin: United States.

7. Pompeian Inc.

• An American company, Pompeian is a leading supplier of olive oil in the U.S., offering a variety of olive oil products.
• Olive Oil Export Shipments in 2024: 60 million liters (60,000 tons).
• Country of Origin: United States.

8. Minerva Olive Oil

• A Greek company, Minerva is known for its high-quality olive oil products and has a significant presence in the Greek market.
• Olive Oil Export Shipments in 2024: 50 million liters (50,000 tons).
• Country of Origin: Greece.

9. Monini S.p.A.

• An Italian company, Monini is renowned for its premium extra virgin olive oil and has a strong international presence.
• Olive Oil Export Shipments in 2024: 40 million liters (40,000 tons).
• Country of Origin: Italy.

10. Lucini Italia Co.

• An American company, Lucini Italia offers high-quality Italian olive oil products and is known for its premium offerings.
• Olive Oil Export Shipments in 2024: 20 million liters (20,000 tons).
• Country of Origin: United States.

Leading Olive Oil Exporters in the World: Olive Oil Exports by Country

In the global market of olive oil exports, Spain consistently maintains its position as the leading exporter with an impressive $4.34 billion in exports. According to the Olive oil export data of Spain, Spain’s olive oil exports account for 35.8% of the market share. Italy and Greece also make substantial contributions to the olive oil industry, emphasizing the pivotal role these countries play in the olive oil export trade worldwide. The top 10 olive oil exporter countries according to the olive oil exporter data and olive oil shipment data for 2024 include:

1. Spain: $4.34 billion (35.8%)

Spain takes the lead as the top exporter of olive oil in the world, accounting for a whopping 35.8% of global olive oil exports. With its rich history of olive cultivation and production, Spain's olive oil is highly regarded for its quality and taste. 

• Olive oil shipment export volume in 2024: 944 thousand metric tons
• Top Export Destination: Italy ($969.79 million)

2. Italy: $2.20 billion (18.1%)

Italy comes in second place as a major player in the olive oil export market, representing 18.1% of total exports. Italian olive oil is famous for its premium quality and diverse flavor profiles, making it a favorite among chefs and home cooks alike.

• Olive oil shipment export volume in 2024: 307 thousand metric tons
• Top Export Destination: USA ($720.32 million)

3. Greece: $1.26 billion (10.4%)

Greece ranks third in olive oil exports, with a 10.4% share of the global market. Greek olive oil is known for its distinct flavor and high nutritional value, making it a sought-after product in international markets.

• Olive oil shipment export volume in 2024: 231 thousand metric tons
• Top Export Destination: Italy ($822.43 million)

4. Tunisia: $1.20 billion (9.9%)

Tunisia is a significant player in the olive oil export industry, accounting for 9.9% of total exports. Tunisian olive oil is prized for its fruity and aromatic qualities, making it a popular choice among consumers around the world.

• Olive oil shipment export volume in 2024: 251 thousand metric tons
• Top Export Destination: Spain ($482.94 million)

5. Portugal: $1.15 billion (9.5%)

Portugal holds the fifth position in olive oil exports, representing 9.5% of global exports. Portuguese olive oil is known for its smooth and mild flavor, making it a versatile ingredient in a variety of dishes.

• Olive oil shipment export volume in 2024: 175 thousand metric tons
• Top Export Destination: Spain ($558.56 million)

6. Turkey: $733.14 million (6%)

Turkey is a key player in the olive oil export market, with a 6% share of total exports. Turkish olive oil is valued for its rich taste and unique flavor profile, making it a favorite among food enthusiasts worldwide.

• Olive oil shipment export volume in 2024: 151 thousand metric tons
• Top Export Destination: Spain ($318.69 million)

7. Syria: $315.59 million (2.6%)

Despite facing challenges in recent years, Syria remains a notable exporter of olive oil, representing 2.6% of global exports. Syrian olive oil is prized for its traditional production methods and rich, aromatic flavor.

• Olive oil shipment export volume in 2024: 76 thousand metric tons
• Top Export Destination: Saudi Arabia ($13.66 million)

8. Argentina: $193.83 million (1.6%)

Argentina may be better known for its beef production, but the country also makes a mark in the olive oil export market with a 1.6% share of total exports. Argentine olive oil is celebrated for its fruity and peppery notes, adding depth to a range of dishes.

• Olive oil shipment export volume in 2024: 28 thousand metric tons
• Top Export Destination: USA ($66.46 million)

9. Chile: $118.49 million (1%)

Chile may be a small player in the olive oil export industry, but the country's olive oil is gaining recognition for its premium quality and unique flavor profile. Chilean olive oil represents 1% of global exports.

• Olive oil shipment export volume in 2024: 16 thousand metric tons
• Top Export Destination: Brazil ($38.07 million)

10. France: $113.29 million (0.9%)

Rounding out the top ten olive oil exporters is France, with a 0.9% share of global exports. French olive oil is prized for its delicate and nuanced flavors, making it a favorite among connoisseurs and chefs worldwide.

• Olive oil shipment export volume in 2024: 12 thousand metric tons
• Top Export Destination: Spain ($27.07 million)

Global Olive Oil Exports in the Last 10 Years: Yearly Olive Oil Export Data

Olive Oil Exports Market Segmentation

In 2024, the size of the global olive oil market was estimated at USD 15.1 billion. The market for olive oil is predicted to grow at a compound annual growth rate (CAGR) of 3.82% from 2025 to 2033, reaching USD 21.2 billion. In North America, the United States held 85% of the market for olive oil. There are different types of olive oil exported around the world. The following is the olive oil market segmentation by type for the fiscal year 2024:

• Virgin Olive Oil: 61.9%
• Refined Olive Oil: 31.1%
• Extra Virgin Olive Oil: 5.4%
• Olive Pomace Oil: 1.6%

Olive Oil Export Trend Forecasts

• With 944 thousand metric tons, Spain leads the world in olive oil export volume by nation in 2024–2025. Italy comes in second with 307 thousand metric tons, Tunisia with 251 thousand metric tons, and Greece with 231 thousand metric tons. 
• Notable year-over-year fluctuations show that Tunisia and Greece are growing modestly at 0.65% and 2.42%, respectively, while Spain and Italy are somewhat declining at -1.38% and -1.73%. 
• With export volumes rising by 6.96% and 5.92%, respectively, Argentina and Malaysia are indicating the emergence of new market participants.   
• Among the top exporters, the cumulative annual growth rate (CAGR) during the last five years indicates a steady trend with very slight variations. 
• Countries such as the United States, which is experiencing an annual growth of 2.71%, are exhibiting diversification in new areas. 
• With significant yearly growth, emerging countries like Malaysia and Lebanon in the data set point to possible changes in global suppliers.
• Potential market growth by unconventional olive oil exporters like Argentina and Malaysia are among the future trends to keep an eye on. 
• The international olive oil export scene will also be significantly shaped by market dynamics and environmental issues in major nations like Spain and Italy. 
• It's also important to keep a careful eye on how potential changes in trade policy and technological improvements affect agricultural operations. 

Global Olive Oil Production and Consumption

• Around 94% of the world's olive oil was produced in IOC member nations in 2023–2024.
• European nations produced 10% more olive oil in 2023–2024 than they did the year before.
• Italy's output rose 36%, Portugal's production rose 28%, and Spain's production up 28% in 2023–2024.
• Greece's production fell 49% while Turkey's production fell 52% in 2023–2024.
• Global Olive Oil Export Market
• Because of improved growing conditions, and increased production, it is anticipated that the value of olive oil as a global export in 2025 would rise.
• It is anticipated that global olive oil production will rise by 32% in 2024 over the previous year.
• From 2023 to 2030, the global olive oil market is anticipated to expand at a compound annual growth rate (CAGR) of 5.2%.
• Better growth conditions are predicted to result in a larger harvest of olive oil in 2024–2025 than the year before.
• In 2023, Portugal, Spain, Italy, Greece, and Tunisia were the main exporters of olive oil.
• Spain produces about half of the world's olive oil, making it the greatest producer in the world, as per the International Olive Council. 

Olive Oil Market Recent News and Developments

In November 2024, Spain's Deoleo forecasts that olive oil costs, which have risen by 50% in the EU and 150% in the UK since 2021 as a result of drought and inflation, will shortly be cut in half. Supply chain strains might be lessened by better harvests in 2024–2025. Spain, which produces about half of the world's olive oil, was severely impacted by the drought.

Innovative uses of olive oil are highlighted in the ACS Journals study published in September 2024. These include employing DNA sensors to detect oil adulteration, discovering anti-aging compounds like HvOle in olives for skincare, and upcycling olive trash to reinforce crude oil well cement. Furthermore, olive oil quality is harmed by stink insect infestations, which alter its flavor and scent.

Together with the prestigious Filippo Berio brand's extra virgin olive oils, Salov S.p.A., a prominent player in the oil industry, earned a noteworthy victory in May 2023. Together, they won two medals that are the height of renown at the University of Applied Sciences' Institute for Food and Beverage Innovation ZHAW in Zurich's Olive Oil medals 2023.

Conclusion

To conclude, global olive oil exports play a crucial role in shaping the olive oil market and the olive oil export data, providing valuable insights for stakeholders across the supply chain. Businesses can make informed decisions and capitalize on emerging market trends by understanding the top olive oil exporters and suppliers database. As the demand for olive oil grows, leveraging export data will be key to staying competitive in this dynamic industry.

To know more about the global olive oil export data, visit TradeImeX and get insights into the international olive oil market. Contact us at info@tradeimex.in and get access to a list of 32k+ verified and active olive oil suppliers along with the global olive oil Exporters Data.