CSV stands for comma-separated values. It is a plain text file where each line is a row and commas separate the columns. It is about as universal as a data format gets: spreadsheets, databases, and programming languages all read it without any special library. The trade-off is that it stores only values. No fonts, no colours, no formulas, no images, and no notion of which column is a date versus text.
Excel files (the xlsx format) are structured workbooks. They keep each column's type, so dates stay dates and numbers stay numbers. They support formatting, multiple sheets, formulas, and embedded images. For a file list of photos, that last point matters: an Excel export can include a thumbnail in each row, which a CSV simply cannot do.
If you are not sure, exporting both takes a moment. CSV is your durable archive copy, and Excel is the polished version you hand to someone.
Export a folder listing to CSV, Excel with thumbnails, JSON, and more on Mac. Runs on-device. · macOS