World Olive Oil Balance
World production against consumption by campaign, October to September, and the balance between them.
Production and consumption by campaign
Tonnes; a bar picks its campaign
Source: IOC world estimate: production 3,440,000 t (-4%), consumption 3,248,000 t (Olive sector statistics, December 2025)Updated 25 Sep 2026Open the source
Historical data
7 campaigns · tonnes · a row picks its campaign
| Campaign | Production | Consumption | Balance | Imports | Exports |
|---|---|---|---|---|---|
| 3,440,000 t | 3,248,000 t | +192,000 t | 1,200,000 t | 1,200,000 t | |
| 3,572,000 t | 3,215,000 t | +357,000 t | 1,198,000 t | 1,210,000 t | |
| 2,589,000 t | 2,788,000 t | −199,000 t | 1,015,000 t | 945,000 t | |
| 2,760,000 t | 2,780,000 t | −20,000 t | 980,000 t | 905,000 t | |
| 3,420,000 t | 3,061,000 t | +359,000 t | 1,008,000 t | 1,089,000 t | |
| 3,066,000 t | 3,093,000 t | −27,000 t | 1,042,000 t | 1,026,000 t | |
| 3,222,000 t | 3,048,000 t | +174,000 t | 1,023,000 t | 1,051,000 t |
About this data
Sources, coverage and method
The world balance is the International Olive Council's estimate of production and consumption, with the European Commission's and the USDA's, as OliveTerm compiles them. A campaign runs from October to September.
The balance is production minus consumption: it is not a change in stocks, as trade and stocks are not in it. A campaign without a consumption figure has no balance, and a figure not held is a dash, never a zero.