Olive Oil Production by Country 2026

The 2025/26 olive oil season marked a partial recovery from the historically low harvests of the previous two years. Global production is estimated at 3-3.2 million tonnes, in line with the 10-year average of approximately 3.2 million tonnes.

Top Producing Countries

Spain remains the world's dominant producer, accounting for approximately 40–45% of global output. The 2025/26 Spanish harvest recovered to an estimated 1.1–1.2 million tonnes, up significantly from the drought-affected 2024/25 crop.

Italy produced approximately 270,000–300,000 tonnes in 2025/26, below its historical average of 350,000+ tonnes, impacted by unfavourable spring conditions in Puglia and Calabria.

Greece delivered one of its stronger recent harvests at approximately 270,000–290,000 tonnes, supported by favourable rainfall in key production zones including Crete and the Peloponnese.

Tunisia produced around 250,000–270,000 tonnes, maintaining its position as the world's leading exporter of bulk olive oil.

Turkey produced approximately 180,000–200,000 tonnes, with growing investment in Aegean region olive groves.

Portugal produced approximately 120,000–140,000 tonnes, with the Alentejo region continuing its expansion and Trás-os-Montes experiencing a recovery after a difficult 2024/25 season.

Production Trend

The past three years have confirmed that Mediterranean olive oil production is increasingly subject to climate variability. The alternating-year pattern (good year/bad year) that has historically characterised Spanish production is becoming more pronounced, creating structural price volatility.

Investment in drought-resistant varieties, irrigation infrastructure, and super-intensive planting systems is accelerating across all major producing countries as producers adapt to changing conditions.