What is the price of olive oil per kilogram/pound in Panama today?
The retail price range for Panama olive oil is between US$ 3.43 and US$ 8.34 per kilogram or between US$ 1.56 and US$ 3.78 per pound(lb). Click here to see today's exact prices of olive oil in Panama
The retail price range in US Dollar for olive oil is between USD 3.43 and USD 8.34 per kilogram or between USD 1.56 and USD 3.78 per pound(lb) in Panama City and Colón.
Wholesale prices
In 2025, the approximate wholesale price range for Panama olive oil is between US$ 2.40 and US$ 5.83 per kilogram or between US$ 1.09 and US$ 2.65 per pound(lb).
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Prices of other produce in the Processed category in Panama: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of olive oil in other countries across Central America: Belize olive oil, Costa Rica olive oil, El Salvador olive oil, Guatemala olive oil, Honduras olive oil, Mexico olive oil, Nicaragua olive oil & Panama olive oil.
Panama olive oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Panama sold 268 tonnes of olive oil. Through 2019 alone, the market for Panama olive oil (processed category) has escalated, recording a change of 86.111 percent compared to the year 2018. Between 2017 and 2019, olive oil's exports increased by 188.17 pc earning the exporter US$1.22m for the year 2019. Panama's olive oil exports are classified as:
- Virgin olive oil and its fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (HS code 150910)
- Other oils and their fractions, obtained solely from olives, whether or not refined, but not chemically modified, incl. blends of these oils or fractions with oils or fractions of heading 1509 (HS code 151000)
- Olive oil and fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (excluding virgin and chemically modified) (HS code 150990)
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Panama olive oil export values
In 2019, Panama supplied olive oil worth 1.22m USD, a growth of 53.46% from 2018's total olive oil export of 0.795m USD. The annual growth in value of Panama olive oil between 2017 to 2018 was 93.902 per cent.
The yearly change in the amount of Panama's olive oil exports between 2017 and 2019 was 188.17 percent compared to a variation of 86.111% in the period between 2018 and 2019.
Panama's share of the world's total olive oil's exports in 2019 was less than 1%. Panama is ranked number 81 in world exports of olive oil.
Export markets for Panama olive oil ( in '000$ )
Panama's best performing destinations for olive oil are Guatemala, Costa Rica and Paraguay.
Panama imported 1,572 tonnes of olive oil in 2019.