Outlook on the web (Microsoft 365 online) and Outlook 2016 have made exporting contact into your desktop or mobile device simple, although both .csv and .vcard files cannot be imported into your device's Mac application. As a workaround, you should use Outlook on the Web by logging into portal.office.com to import your contacts via a .csv file. Your contacts will be synced to your locally installed Mac Outlook 2016 application.
Please read all instructions before proceeding.
Please read these Microsoft articles for additional information on the topic of address books.