A production process of an olive fruit vinegar includes the following steps: 1, washing, crushing and juicing the olive fruits, removing the stones and filtering; 2, adding pure rice wine in the olive fruit juice, heating, sterilizing, cooling, adding acetic acid bacteria, and conducting ventilation acetic fermentation to obtain an olive pulp raw vinegar; 3, evenly stirring olive pulp raw vinegar, licorice, longan, Momordica grosvenori, mint, roughhaired holly root, oil orange, glucose or sucrose and water to obtain an olive fruit vinegar blending stock solution; and 4, filtering the olive fruit vinegar blending stock solution, conducting hot filling and sterilizing. The process reduces the production cost by a third, and simplifies the process flow, does not require repeated fermentation, saves the processing time, and is easy for production and realization of energy saving and environmental protection; and the produce olive fruit vinegar does not contain residue, has the color, smell and taste of normal fruit vinegar, does not have bad smell and odor or visible external impurities and is in an even state.