Aextoxicon punctatum, the sole species of genus Aextoxicon and family Aextoxicaceae, is a tree native to southern Chile and Argentina.

Commonly known as the olivillo or aceitunillo, it is a large evergreen tree native to the forests of the Valdivian temperate rain forests and Magellanic subpolar forests of southern Chile's Pacific coast, where it forms is a canopy tree in the broadleaf forests. It can reach 15 m tall.

The APG system (1998) and the APG II system (2003) left the family Aextoxicaceae unplaced in the core eudicots. It has since been included in the order Berberidopsidales. The genus was formerly often included in the family Euphorbiaceae.