A traveling wave optical modulator includes an optical waveguide substrate made of an electro-optic and ferrodielectric single crystal in the form of an X- or Y-orientation plate_and comprising a thicker portion having a larger thickness and a thinner portion having a smaller thickness; first and second branched optical waveguide portions formed at least on the thinner portion of the optical waveguide substrate; a set of electrodes provided on at least the thinner portion of the substrate and adapted for applying voltage to the first and second optical waveguide portions to modulate a light propagating the optical waveguide portions; and a buffer layer provided to cover a part of the optical waveguide portions at the thinner portion of the substrate, the electrodes crossing on the buffer layer.