diff --git a/modules/log/commerce_log.commerce_log_categories.yml b/modules/log/commerce_log.commerce_log_categories.yml
index b921707752..7e5acba560 100644
--- a/modules/log/commerce_log.commerce_log_categories.yml
+++ b/modules/log/commerce_log.commerce_log_categories.yml
@@ -5,3 +5,7 @@ commerce_cart:
 commerce_order:
   label: Order
   entity_type: commerce_order
+
+commerce_product:
+  label: Product
+  entity_type: commerce_product
diff --git a/modules/log/commerce_log.commerce_log_templates.yml b/modules/log/commerce_log.commerce_log_templates.yml
index a9aee4860d..4ee3b4aaf2 100644
--- a/modules/log/commerce_log.commerce_log_templates.yml
+++ b/modules/log/commerce_log.commerce_log_templates.yml
@@ -27,3 +27,16 @@ order_assigned:
   category: commerce_order
   label: 'Order assigned'
   template: '<p>The order was assigned to {{ user }}.</p>'
+
+variation_added:
+  category: commerce_product
+  label: 'Variation added'
+  template: '<p>Variation added</p><p>id: {{ id }}</p><p>sku: {{ sku }}</p><p>title: {{ label }}</p>'
+variation_field_changed:
+  category: commerce_product
+  label: 'Variation changed'
+  template: '<p>Variation changed</p><p>id: {{ id }}</p><p>sku: {{ sku }}</p><p>changed fields: {{ changed_fields }}</p>'
+variation_deleted:
+  category: commerce_product
+  label: 'Variation deleted'
+  template: '<p>Variation deleted</p><p>id: {{ id }}</p><p>sku: {{ sku }}</p>'
diff --git a/modules/log/commerce_log.module b/modules/log/commerce_log.module
index 9c4927c624..fa02d01646 100644
--- a/modules/log/commerce_log.module
+++ b/modules/log/commerce_log.module
@@ -6,7 +6,7 @@
  */
 
 /**
- * Implements hook_preprocess_commerce_order().
+ * Implements hook_preprocess_HOOK() for commerce_order.
  */
 function commerce_log_preprocess_commerce_order(&$variables) {
   /** @var \Drupal\commerce_order\Entity\OrderInterface $order */
@@ -20,3 +20,25 @@ function commerce_log_preprocess_commerce_order(&$variables) {
     '#title' => t('Order activity'),
   ];
 }
+
+/**
+ * Implements hook_preprocess_HOOK() for commerce_product_form.
+ */
+function commerce_log_preprocess_commerce_product_form(&$variables) {
+  /** @var \Drupal\commerce_product\Entity\ProductInterface $product */
+  if ($product = \Drupal::service('current_route_match')->getParameter('commerce_product')) {
+    $variables['form']['actions']['activity'] = [
+      '#weight' => 100,
+      'title' => [
+        '#markup' => '<h3>' . t('Product activity') . '</h3>',
+      ],
+      'log' => [
+        '#type' => 'view',
+        '#name' => 'commerce_activity',
+        '#display_id' => 'default',
+        '#arguments' => [$product->id(), 'commerce_product'],
+        '#weight' => 100,
+      ],
+    ];
+  }
+}
diff --git a/modules/log/src/CommerceLogServiceProvider.php b/modules/log/src/CommerceLogServiceProvider.php
index 769cc5fc21..547b6f0dd6 100644
--- a/modules/log/src/CommerceLogServiceProvider.php
+++ b/modules/log/src/CommerceLogServiceProvider.php
@@ -2,6 +2,7 @@
 
 namespace Drupal\commerce_log;
 
+use Drupal\commerce_log\EventSubscriber\ProductVariationEventSubscriber;
 use Drupal\Core\DependencyInjection\ContainerBuilder;
 use Drupal\Core\DependencyInjection\ServiceProviderBase;
 use Symfony\Component\DependencyInjection\Reference;
@@ -29,6 +30,12 @@ public function register(ContainerBuilder $container) {
         ->addTag('event_subscriber')
         ->addArgument(new Reference('entity_type.manager'));
     }
+    if (isset($modules['commerce_product'])) {
+      $container->register('commerce_log.product_variation_subscriber', ProductVariationEventSubscriber::class)
+        ->addTag('event_subscriber')
+        ->addArgument(new Reference('entity_type.manager'))
+        ->addArgument(new Reference('event_dispatcher'));
+    }
   }
 
 }
diff --git a/modules/log/src/Event/LogEvents.php b/modules/log/src/Event/LogEvents.php
new file mode 100644
index 0000000000..8198cf8e67
--- /dev/null
+++ b/modules/log/src/Event/LogEvents.php
@@ -0,0 +1,19 @@
+<?php
+
+namespace Drupal\commerce_log\Event;
+
+/**
+ * Defines events for the log module.
+ */
+final class LogEvents {
+
+  /**
+   * Name of the event fired to filter the changed fields used in the log diff.
+   *
+   * @Event
+   *
+   * @see \Drupal\commerce_log\Event\ProductVariationChangedFieldsFilterEvent
+   */
+  const PRODUCT_VARIATION_CHANGED_FIELDS_FILTER = 'commerce_log.product_variation.changed_fields_filter';
+
+}
diff --git a/modules/log/src/Event/ProductVariationChangedFieldsFilterEvent.php b/modules/log/src/Event/ProductVariationChangedFieldsFilterEvent.php
new file mode 100644
index 0000000000..091b9f4de8
--- /dev/null
+++ b/modules/log/src/Event/ProductVariationChangedFieldsFilterEvent.php
@@ -0,0 +1,47 @@
+<?php
+
+namespace Drupal\commerce_log\Event;
+
+use Symfony\Component\EventDispatcher\Event;
+
+class ProductVariationChangedFieldsFilterEvent extends Event {
+
+  /**
+   * The removed order items.
+   *
+   * @var \Drupal\commerce_order\Entity\OrderItemInterface[]
+   */
+  protected $fields;
+
+  /**
+   * Constructs a new ProductVariationChangedFieldsFilterEvent.
+   *
+   * @param array $fields
+   *   The fields.
+   */
+  public function __construct(array $fields) {
+    $this->fields = $fields;
+  }
+
+  /**
+   * Gets the fields.
+   *
+   * @return array
+   *   The fields.
+   */
+  public function getFields() {
+    return $this->fields;
+  }
+
+  /**
+   * Sets the fields.
+   *
+   * @return \Drupal\commerce_log\Event\ProductVariationChangedFieldsFilterEvent
+   *   The product variation changed field filter event.
+   */
+  public function setFields(array $fields) {
+    $this->fields = $fields;
+    return $this;
+  }
+
+}
diff --git a/modules/log/src/EventSubscriber/ProductVariationEventSubscriber.php b/modules/log/src/EventSubscriber/ProductVariationEventSubscriber.php
new file mode 100644
index 0000000000..a21aab8acb
--- /dev/null
+++ b/modules/log/src/EventSubscriber/ProductVariationEventSubscriber.php
@@ -0,0 +1,129 @@
+<?php
+
+namespace Drupal\commerce_log\EventSubscriber;
+
+use Drupal\commerce_log\Event\LogEvents;
+use Drupal\commerce_log\Event\ProductVariationChangedFieldsFilterEvent;
+use Drupal\commerce_product\Entity\ProductVariationInterface;
+use Drupal\commerce_product\Event\ProductEvents;
+use Drupal\commerce_product\Event\ProductVariationEvent;
+use Drupal\Core\Entity\EntityTypeManagerInterface;
+use Symfony\Component\EventDispatcher\EventDispatcherInterface;
+use Symfony\Component\EventDispatcher\EventSubscriberInterface;
+
+class ProductVariationEventSubscriber implements EventSubscriberInterface {
+
+  /**
+   * The log storage.
+   *
+   * @var \Drupal\commerce_log\LogStorageInterface
+   */
+  protected $logStorage;
+
+  /**
+   * The dispatcher service.
+   *
+   * @var \Symfony\Component\EventDispatcher\EventDispatcherInterface
+   */
+  protected $eventDispatcher;
+
+  /**
+   * Constructs a new ProductVariationEventSubscriber object.
+   *
+   * @param \Drupal\Core\Entity\EntityTypeManagerInterface $entityTypeManager
+   *   The entity type manager.
+   * @param \Symfony\Component\EventDispatcher\EventDispatcherInterface $eventDispatcher
+   *   The event dispatcher.
+   *
+   * @throws \Drupal\Component\Plugin\Exception\InvalidPluginDefinitionException
+   */
+  public function __construct(EntityTypeManagerInterface $entityTypeManager, EventDispatcherInterface $eventDispatcher) {
+    $this->logStorage = $entityTypeManager->getStorage('commerce_log');
+    $this->eventDispatcher = $eventDispatcher;
+  }
+
+  /**
+   * {@inheritdoc}
+   */
+  public static function getSubscribedEvents() {
+    $events = [
+      ProductEvents::PRODUCT_VARIATION_PRESAVE => ['onVariationPresave', -100],
+      ProductEvents::PRODUCT_VARIATION_PREDELETE => ['onVariationPredelete', -100],
+    ];
+    return $events;
+  }
+
+  /**
+   * Creates a log before saving a product variation.
+   *
+   * @param \Drupal\commerce_product\Event\ProductVariationEvent $event
+   *   The variation event.
+   *
+   * @throws \Drupal\Core\Entity\EntityStorageException
+   */
+  public function onVariationPresave(ProductVariationEvent $event) {
+    if ($product = $event->getProductVariation()->getProduct()) {
+      $variation = $event->getProductVariation();
+      $original = $variation->original;
+      // If there isn't a related product yet, then it is a new variation.
+      if (!$original->getProduct()) {
+        $this->logStorage->generate($product, 'variation_added', [
+          'id' => $event->getProductVariation()->id(),
+          'sku' => $event->getProductVariation()->getSku(),
+          'label' => $event->getProductVariation()->label(),
+        ])->save();
+      }
+      elseif ($changedValues = $this->getChangedFields($original, $variation)) {
+        $this->logStorage->generate($product, 'variation_field_changed', [
+          'id' => $event->getProductVariation()->id(),
+          'sku' => $event->getProductVariation()->getSku(),
+          'changed_fields' => json_encode($changedValues, JSON_HEX_TAG | JSON_HEX_APOS | JSON_HEX_AMP | JSON_HEX_QUOT),
+        ])->save();
+      }
+    }
+  }
+
+  /**
+   * Creates a log when a product variation is deleted.
+   *
+   * @param \Drupal\commerce_product\Event\ProductVariationEvent $event
+   *   The variation event.
+   *
+   * @throws \Drupal\Core\Entity\EntityStorageException
+   */
+  public function onVariationPredelete(ProductVariationEvent $event) {
+    $this->logStorage->generate($event->getProductVariation()->getProduct(), 'variation_deleted', [
+      'id' => $event->getProductVariation()->id(),
+      'sku' => $event->getProductVariation()->getSku(),
+    ])->save();
+  }
+
+  /**
+   * Determine the changed fields and their values.
+   *
+   * @param \Drupal\commerce_product\Entity\ProductVariationInterface $original
+   *   The original product variation.
+   * @param \Drupal\commerce_product\Entity\ProductVariationInterface $new
+   *   The new product variation.
+   *
+   * @return array
+   *   A list of changed values
+   */
+  protected function getChangedFields(ProductVariationInterface $original, ProductVariationInterface $new) {
+    $changedFields = new ProductVariationChangedFieldsFilterEvent(['price', 'sku', 'status', 'title']);
+    $this->eventDispatcher->dispatch(LogEvents::PRODUCT_VARIATION_CHANGED_FIELDS_FILTER, $changedFields);
+    $changedValues = [];
+    foreach ($changedFields->getFields() as $field) {
+      $newValue = $new->{$field}->getValue();
+      $originalValue = $original->{$field}->getValue();
+      if ($newValue != $originalValue) {
+        $changedValues[$field] = [
+          'Original value' => $originalValue,
+          'New value' => $newValue,
+        ];
+      }
+    }
+    return $changedValues;
+  }
+
+}
diff --git a/modules/log/tests/src/Kernel/OrderIntegrationTest.php b/modules/log/tests/src/Kernel/OrderIntegrationTest.php
index 988c3809fa..3dea83bc3f 100644
--- a/modules/log/tests/src/Kernel/OrderIntegrationTest.php
+++ b/modules/log/tests/src/Kernel/OrderIntegrationTest.php
@@ -167,7 +167,7 @@ public function testPlaceValidateFulfillLogs() {
 
     $logs = $this->logStorage->loadMultipleByEntity($this->order);
     $this->assertEquals(2, count($logs));
-    $log = $logs[2];
+    $log = array_pop($logs);
     $build = $this->logViewBuilder->view($log);
     $this->render($build);
 
@@ -180,7 +180,7 @@ public function testPlaceValidateFulfillLogs() {
 
     $logs = $this->logStorage->loadMultipleByEntity($this->order);
     $this->assertEquals(3, count($logs));
-    $log = $logs[3];
+    $log = array_pop($logs);
     $build = $this->logViewBuilder->view($log);
     $this->render($build);