Extra Virgin Olive Oil

Extra virgin olive oil is a vegetable oil obtained from olives without chemical modification. It is classified as a distinct oil fraction in trade classifications.

Prices, specifications and international trade for extra virgin olive oil under HS 150920, 150910.

Extra Virgin Olive Oil Price

$5,478USD/t

Published reference · Jul 1, 2026

Extra Virgin Olive Oil Historical Unit Values

Extra virgin olive oil is quoted in USD/t at ESP. Historical customs values may differ from the headline reference.

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Extra Virgin Olive Oil Exports and Imports

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Spain led reported extra virgin olive oil exports in 2025, at $3.8B.

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Extra Virgin Olive Oil Facts and HS Code

Extra virgin olive oil belongs to vegetable oils within grains, oilseeds, oils and feed. Its customs classification covers HS 150920, 150910.

Extra Virgin Olive Oil HS Code

CategoryVegetable oils — Grains, oilseeds, oils and feed
HS codes150920, 150910
Quoted inUSD/t
Reference locationESP

Production & Handling

Processing steps for extra virgin olive oil include Mechanical cold pressing, Centrifugal separation, Filtration.

Production and Storage

Processing steps
  1. Mechanical cold pressing
  2. Centrifugal separation
  3. Filtration
  4. Bulk storage

Uses & Risks

Extra virgin olive oil is used in Culinary cooking, Salad dressings, and Cosmetics.

End Uses

  • Culinary cooking

    Used for sautéing, roasting, and as a flavoring oil in a variety of dishes

  • Salad dressings

    Provides a base for vinaigrettes and emulsified dressings

  • Cosmetics

    Incorporated into skin‑care and hair‑care formulations for its moisturizing properties

Extra Virgin Olive Oil Questions

What defines extra virgin olive oil and how is it classified?
Extra virgin olive oil is a vegetable oil derived from olives and classified as olive oil and its fractions, extra virgin olive oil, whether or not refined, but not chemically modified. It belongs to the HS code 150920 category for vegetable oils. The classification emphasizes that the oil meets strict sensory and chemical standards to retain its natural qualities.
How should extra virgin olive oil be stored to preserve its quality?
Extra virgin olive oil should be stored in a cool, dark place, ideally below 20 °C, in tightly sealed containers to limit exposure to light, heat, and oxygen. Maintaining a stable temperature and protecting the oil from moisture helps preserve its flavor, aroma, and nutritional properties throughout its shelf life.