What is the price of olive oil in Uruguay?

As of January 2021, olive oil in Uruguay is US$ 3.21 per kg (125 UYI), sourced from UN Comtrade (unit value).

Olive Oil Price in Uruguay - June 2026 Market Prices (Updated Monthly)

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Olive Oil Prices in Uruguay

US$ 3.21 / kg

125 UYI / kg

MoM ▼ 35.1% YoY ▼ 35.1%

Checked: Jun 9, 2026

Price as of: January 2021

Source: UN Comtrade (unit value)

Variety	Market level	Price (US$/kg)	Local (UYI)	MoM	YoY	Source
-	Export (unit value)	3.21	125	▼ 35.1%	▼ 35.1%	UN Comtrade (unit value)

As of June 2026, the olive oil price in Uruguay available is US$ 3.21 per kg (125 UYI), down 35.1% year-on-year.

Uruguay exported 891 tonnes of olive oil in 2021, valued at US$2,859,626, ranking #27 among 114 exporters and accounting for 0.0% of global exports. The country is a net exporter, with production reaching 2,047 tonnes in 2023, ranking #25 globally and representing 0.1% of world output. The latest export price is US$3.2094 per kg.

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Olive Oil Price History & Trend

We are building a dedicated olive oil price series for Uruguay history. The trend line shown is the closest commodity benchmark, for reference only.

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Production, Exports, Imports & HS Codes - olive oil in Uruguay

Exports UN Comtrade · 2021

In 2021, Uruguay exported $2.9M (891 t) of olive oil▲ 372.7% YoY. That ranks #27 worldwide (0% of global exports).

$2.9M

Export value

891 t

Export volume

#27 / 114

World rank

Global share

$3.21

Avg export price / kg

Export value by year (US$)

Export volume by year

Top olive oil exporters worldwide UN Comtrade · 2021

#1 Spain $3.04B · 43%
#2 Italy $1.55B · 22%
#3 Portugal $724.8M · 10.2%
#4 Greece $637.1M · 9%
#5 Tunisia $565.6M · 8%

Annual export data Uruguay · UN Comtrade

Year	Export value (US$)	Volume	Avg price/kg
2021	$2.9M	891 t	$3.21
2020	$604.9K	122.4 t	$4.94

Production FAOSTAT · 2023

Uruguay produced 2 kt of olive oil in 2023▲ 32.6% YoY. It ranks #25 among producing countries (0.1% of world output).

2 kt

mi_production

#25

World rank

Production by year (tonnes)

HS Code

olive oil is traded under Harmonized System code 1509.10. Trade figures above are compiled for this HS heading.

Sources: trade & HS - UN Comtrade; production - FAOSTAT (FAO). Values are official reported figures.

Uruguay olive oil - Production, Exports, Imports, Seasons and HS Codes

In 2019 Uruguay exported 1,013 tonnes of olive oil. In 2019 alone, the market for Uruguay olive oil (processed category) has improved, with a change of 3517.857 per cent compared to the year 2018. Between 2017 and 2019, olive oil's exports went up by 618.44% bringing the nation US$2.63m for the year 2019. Uruguay's olive oil exports are classified as:

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)
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)
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)

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Uruguay olive oil export values

In 2019, Uruguay shipped olive oil worth 2.63m USD, a surge of 1,189.22% from 2018's total olive oil export of 0.204m USD. The annual change in value of Uruguay olive oil between 2017 to 2018 was -75.243 percent.

The yearly variation in the volume of Uruguay's olive oil exports between 2017 and 2019 was 618.44 per cent when compared to a variation of 3517.857% in the growth rate between 2018 and 2019.

Uruguay's share of the world's total olive oil's exports in 2019 was less than 1%. The country holds number 32 in world exports of olive oil.

Export markets for Uruguay olive oil ( in '000$ )

Uruguay's best performing destinations for olive oil are Spain, US, China, Germany and Italy.

Import/Export Trends

Uruguay is a net exporter of olive oil. The annual growth of Uruguay olive oil in value between 2015 to 2019 was 126%, per year, while annual growth in quantity through the same period was 7%, per annum.

Uruguay imported 1,060 tonnes of olive oil in 2019.

Other Processed Prices in Uruguay

Latest prices for other processed in Uruguay:

Coconut oil$9.35/kg Hijiki seaweed$70.67/kg Maize starch$7.57/kg Agave syrup$2.90/kg Black Tea$58.12/kg Canola Oil$0.99/kg Cocoa Beans$19.67/kg Copra$9.35/kg Raw Hides & Skins$0.62/kg Mineral water$0.96/kg Beeswax$7.00/kg Maize (Corn) Oil$0.29/kg Natural Honey$2.80/kg

Es: Uruguay Aceite de oliva precios

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Olive Oil Uruguay

US$ 3.2094 / kg

generic Export (unit value) as of 2021-01-01

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