Essential oils of Schisandra chinensis seeds and berries without seeds were separately extracted. A total of 55 compounds were identified in the essential oil of berries without seeds (EOB), representing 85.75% of the total content. A total of 52 compounds were identified in the essential oil of seeds (EOS), representing 89.74% of the total content. For EOB, the top three content compounds were α-cis-bergamotene (10.79%), 4,11-selinadiene (5.28%) and α-cadinol (5.19%), while the top three content compounds of EOS were ylangene (10.16%), β-himachalene (9.46%) and di-epi-α-cedrene (8.92%). The antioxidant activity of the essential oil was tested using the DPPH radical-scavenging method. The antioxidant activity of EOB was higher than EOS. The IC(50) values of EOB and EOS were 8.4 and 15.8 mg/mL, respectively. This study concluded that EOB and EOS were not only different in extraction yield but also in chemical composition and antioxidant activity.