Olive Oil (Extra Virgin, 1 Liter): China vs New Zealand

How much does Olive Oil (Extra Virgin, 1 Liter) cost in China compared to New Zealand?

🇨🇳

China

Cheaper

Local Price

¥27.77

USD Equivalent

$3.83 Est.

🇳🇿

New Zealand

Local Price

$15.24

USD Equivalent

$9.35 Est.

Summary

Olive Oil (Extra Virgin, 1 Liter) is 144.1% cheaper in China 🇨🇳 compared to New Zealand. That's a significant price difference! You would save approximately $5.52 by buying in China.

Why Is Olive Oil (Extra Virgin, 1 Liter) Much Cheaper in China?

The 144% price gap between China and New Zealand for Olive Oil (Extra Virgin, 1 Liter) comes down to several factors. Currency exchange rates play a major role — the CNY and NZD have different purchasing power, which directly affects how prices translate to USD. Beyond exchange rates, differences in local taxes (VAT, import duties, excise taxes), distribution costs, and market competition all contribute.

A $5.52 difference per unit can add up quickly for bulk purchases or for travelers deciding where to buy. However, keep in mind that prices fluctuate with exchange rates and local promotions. Some prices shown are algorithmic estimates. This comparison was last updated in 2026.

Ad — In-Content

Olive Oil (Extra Virgin, 1 Liter) — All Country Prices

Rows marked Est. are algorithmic estimates, not confirmed retail prices. We are replacing these with sourced data — see our methodology.

#CountryLocal PriceUSD EquivalentSource
1🇵🇰PakistanRs 524$1.87CheapestEst.
2🇻🇳Vietnam58.000 ₫$2.38Est.
3🇪🇬Egypt‏٧٣٫٥٤ ج.م.‏$2.38Est.
4🇳🇬Nigeria₦3,953$2.55Est.
5🇵🇭Philippines₱154$2.72Est.
6🇮🇩IndonesiaRp 43.000$2.72Est.
7🇨🇴Colombia$ 12.000$2.97Est.
8🇹🇭Thailand฿115$3.23Est.
9🇦🇷Argentina$ 3.000$3.40Est.
10🇷🇺Russia313 ₽$3.40Est.
11🇲🇾MalaysiaRM 15.81$3.40Est.
12🇿🇦South AfricaR 70,86$3.83Est.
13🇲🇽Mexico$65.88$3.83Est.
14🇨🇳China¥27.77$3.83Est.
15🇵🇱Poland17,21 zł$4.25Est.
16🇹🇼Taiwan$174$5.53Est.
17🇹🇷Turkey₺200$5.85Est.
18🇵🇹Portugal5,47 €$5.95Est.
19🇮🇹Italy6,00 €$6.56Est.
20🇸🇦Saudi Arabia‏٢٥٫٥٠ ر.س.‏$6.80Est.
21🇪🇸Spain6,26 €$6.80Est.
22🇧🇷BrazilR$ 40,00$7.29Est.
23🇰🇷South Korea₩10,000$7.65Est.
24🇩🇪Germany7,50 €$8.20Est.
25🇯🇵Japan¥1,300$8.50Est.
26🇦🇹Austria€ 7,82$8.50Est.
27🇨🇦Canada$11.79$8.67Est.
28🇳🇱Netherlands€ 8,22$8.93Est.
29🇸🇬Singapore$11.97$8.93Est.
30🇳🇿New Zealand$15.24$9.35Est.
31🇮🇪Ireland€8.60$9.35Est.
32🇦🇪UAE‏35.00 د.إ.‏$9.53Est.
33🇮🇳India₹800$9.58Est.
34🇺🇸United States$10.00$10.00Est.
35🇸🇪Sweden112 kr$10.63Est.
36🇳🇴Norway132 kr$12.33Est.
37🇦🇺Australia$19.00$13.09✓ Grocerize.com.au (Australian Extra Virgin Olive Oil 1L, cheapest at Woolworths; 90-day avg $20.00, 5% convergence)
38🇨🇭SwitzerlandCHF 11.97$13.60Est.
39🇬🇧United Kingdom£12.23$15.48✓ Trolley.co.uk UK grocery price tracker (Filippo Berio Extra Virgin Olive Oil, 1L)
40🇫🇷France16,04 €$18.26✓ Open Prices/OpenFoodFacts (Puget huile d'olive vierge extra 1L, EAN 3178050000749, avg of 3 Jul-Aug 2026 receipts: 14.40/15.75/17.98 EUR — reflects the 2023-2026 global olive oil price spike)