Top 10 Olive Producing Countries in 2025
Top olive oil producing countries: latest IOC figures for 2023/24
Olive oil output is highly concentrated: a small group of Mediterranean producers accounts for the bulk of global supply. This page summarizes the International Olive Council (IOC) provisional figures for the 2023/24 crop year and shows who leads the market today.
World production (2023/24, provisional)
2,564,000 tonnes
Global olive oil production estimate for the 2023/24 crop year.
Top producer
Spain — 854,000 tonnes
Spain remains the global leader by a wide margin.
A quick market takeaway
Supply is volatile
Weather-driven swings (drought/heat) can change ranks and prices year to year.
Top 10 olive oil producers (2023/24, provisional)
Ranking is based on the IOC’s provisional production estimate for the 2023/24 crop year. “Share of world” uses the global total of 2,564,000 tonnes.
| Rank | Country | Production (tonnes) | Share of world |
|---|---|---|---|
| 1 | Spain | 854,000 | 33.3% |
| 2 | Italy | 328,000 | 12.8% |
| 3 | Tunisia | 220,000 | 8.6% |
| 4 | Türkiye | 215,000 | 8.4% |
| 5 | Greece | 175,000 | 6.8% |
| 6 | Portugal | 161,000 | 6.3% |
| 7 | Morocco | 106,000 | 4.1% |
| 8 | Algeria | 93,000 | 3.6% |
| 9 | Egypt | 45,000 | 1.8% |
| 10 | Argentina | 43,000 | 1.7% |
Chart: Top 10 olive oil producers (2023/24)
A quick visual comparison of production volumes. If the chart library does not load, the page shows a readable fallback list instead of an empty block.
Fallback (if the chart does not render)
- Spain — 854,000 t
- Italy — 328,000 t
- Tunisia — 220,000 t
- Türkiye — 215,000 t
- Greece — 175,000 t
- Portugal — 161,000 t
- Morocco — 106,000 t
- Algeria — 93,000 t
- Egypt — 45,000 t
- Argentina — 43,000 t
Top 10 table olive producers (2023/24, provisional)
Table olives are a different market from olive oil: varieties, processing capacity, and domestic consumption matter. “Share of world” uses the IOC global total of 2,829,000 tonnes (2023/24, provisional).
| Rank | Country | Production (tonnes) | Share of world |
|---|---|---|---|
| 1 | Egypt | 650,000 | 23.0% |
| 2 | Türkiye | 490,000 | 17.3% |
| 3 | Spain | 407,000 | 14.4% |
| 4 | Algeria | 286,000 | 10.1% |
| 5 | Morocco | 120,000 | 4.2% |
| 6 | Greece | 110,000 | 3.9% |
| 7 | Iran | 85,000 | 3.0% |
| 8 | Argentina | 82,000 | 2.9% |
| 9 | Italy | 77,000 | 2.7% |
| 10 | Jordan | 26,000 | 0.9% |
Insights: why olive rankings change so fast
1) Climate sensitivity is unusually high
Olive trees are resilient, but output is still highly sensitive to drought, heat waves, and irregular rainfall. That is why the same country can swing from a bumper crop to a weak year—and why global totals fluctuate.
2) “Olive oil” and “table olives” are different supply chains
Some countries dominate oil, others dominate table olives. Processing infrastructure, cultivar mix, and domestic consumption patterns can matter as much as acreage.
3) Provisional vs. final figures
The IOC publishes provisional crop-year balances and updates them as more official country data arrive. Treat rankings as “latest snapshot” rather than a final audit.
What to watch next
- Spain’s crop size is the biggest single driver of global price direction.
- Tunisia and Türkiye can materially move export availability year to year.
- For table olives, Egypt’s large baseline production keeps the market relatively supplied even when EU crops fluctuate.
Methodology, definitions, and sources
What is ranked: country-level olive oil production and table olive production for the 2023/24 crop year (provisional).
Unit: tonnes. IOC tables often display values in ×1,000 tonnes; this page converts them to full tonnes.
Share of world: production divided by the IOC world total for the same crop year.
FAQ
Why do you use “crop year” instead of calendar year?
Olive markets typically report by marketing/crop year because harvest, milling, and trade follow seasonal cycles. This makes year-to-year comparisons more meaningful than calendar-year totals for the sector.
Are these numbers final?
No. The 2023/24 values are marked as provisional by the IOC and can be revised as official country data are updated. For time-sensitive decisions, always check the latest IOC release.
Why are olive oil and table olives ranked separately?
They have different end markets, processing routes, and cultivar mixes. A country can be a major producer in one segment and only mid-ranked in the other.
Primary sources
- International Olive Council (IOC): World Market of Olive Oil and Table Olives — Data from December 2024
- IOC Table 1 image: Olive oil production (includes 2023/24 provisional)
- IOC Table 2 image: Table olive production (includes 2023/24 provisional)
Last update: January 2026 (based on the IOC December 2024 statistical release and its tables).
