What is the price of olive oil per kilogram/pound in Vietnam today?
The retail price range for Vietnam olive oil is between US$ 3.42 and US$ 5.37 per kilogram or between US$ 1.55 and US$ 2.44 per pound(lb). Click here to see today's exact prices of olive oil in Vietnam
The retail price range in Dong for olive oil is between VND 85,496.25 and VND 134,351.25 per kilogram or between VND 38,773.81 and VND 60,930.27 per pound(lb) in Hanoi and Ho Chi Minh City.
Wholesale prices
In 2025, the approximate wholesale price range for Vietnam olive oil is between US$ 2.39 and US$ 3.76 per kilogram or between US$ 1.09 and US$ 1.71 per pound(lb).
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Vietnam Olive Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Olive Oil from Vietnam has seen a steady increase over the last five years. In 2016, the price was 4.29 US $ per kg, and in 2020, it had risen to 4.94 US $ per kg. This year, however, the price has dropped to 2.20 US $ per kg. Based on this trend, it is likely that the export price of Olive Oil from Vietnam will continue to increase in the coming years. We can predict that the export price per kilogram of Olive Oil from Vietnam in 2023 will be around 4.50 US $ per kg, and in 2024, it will be around 5.00 US $ per kg.Vietnam Olive Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Olive Oil into Vietnam has seen a steady increase over the past five years. In 2015, the price was 4.33 US dollars per kg, and this increased to 4.94 US dollars per kg in 2017. However, in the last two years, the price has decreased, with the most recent price being 2.20 US dollars per kg in 2020. This suggests that the import price of Olive Oil into Vietnam is likely to remain relatively low in the near future. Based on this trend, it is likely that the import price of Olive Oil into Vietnam will remain below 3.00 US dollars per kg in 2023 and 2024.Export values for Vietnam olive oil
The total values in export for olive oil in Vietnam were US$ 554, US$ 163, US$ 41 and US$ 49 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Vietnam: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of olive oil in other countries across Asia: Kazakhstan olive oil, Kyrgyzstan olive oil, Tajikistan olive oil, Turkmenistan olive oil, Uzbekistan olive oil, China olive oil, Hong Kong olive oil, Macao olive oil, North Korea olive oil & Mongolia olive oil.
Vietnam olive oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Vietnam shipped 15 tonnes of olive oil. For the year 2019 alone, the market for Vietnam olive oil (processed category) has increased, with a change of 66.667 per cent compared to the year 2018. Between 2017 and 2019, olive oil's exports reduced by -54.55% netting the nation US$0.05m for the year 2019. Vietnam's olive oil exports are categorised as:
- Virgin olive oil and its fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (HS code 150910)
- Other oils and their fractions, obtained solely from olives, whether or not refined, but not chemically modified, incl. blends of these oils or fractions with oils or fractions of heading 1509 (HS code 151000)
- Olive oil and fractions obtained from the fruit of the olive tree solely by mechanical or other physical means under conditions that do not lead to deterioration of the oil (excluding virgin and chemically modified) (HS code 150990)
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Vietnam olive oil export values
In 2019, Vietnam exported olive oil with a value of 0.05m USD, an increment of 21.95% from 2018's total olive oil export of 0.041m USD. The annual change in value of Vietnam olive oil between 2017 to 2018 was -74.847 pc.
The yearly variation in the quantity of Vietnam's olive oil exports between 2017 and 2019 was -54.55 percent in comparison to a variation of 66.667% in the period between 2018 and 2019.
Vietnam's portion of the world's total olive oil's exports in 2019 was 2.1 per cent. The country is ranked number 7 in world exports of olive oil.
Export markets for Vietnam olive oil ( in '000$ )
Import/Export Trends
Vietnam is a net exporter of olive oil. The annual growth of Vietnam olive oil in value between 2015 to 2019 was 16%, per annum, while annual growth in quantity for the same period was 8%, per annum.
Vietnam brought in 1,617 tonnes of olive oil in 2019.