2022
Exports
$506MWorld Rnk 4 / 123
Flag Rnk 55 / 1208
2022
PRODUCT COMPLEXITY IN Inorganic Salts
-0.39Rnk 671 / 1025
2022
Imports
$17.6MWorld Rnk 38 / 186
Flag Rnk 697 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $506M in Inorganic Salts, making it the 4th largest exporter of Inorganic Salts in the world. At the same year, Inorganic Salts was the 55th most exported product in Australia. The main destination of Inorganic Salts exports from Australia are: China ($379M), India ($38.4M), United States ($15.6M), United Kingdom ($13.5M), and New Zealand ($11.9M).

The fastest growing export markets for Inorganic Salts of Australia between 2021 and 2022 were China ($376M), India ($37M), and Japan ($5.16M).

Imports In 2022, Australia imported $17.6M in Inorganic Salts, becoming the 38th largest importer of Inorganic Salts in the world. At the same year, Inorganic Salts was the 697th most imported product in Australia. Australia imports Inorganic Salts primarily from: China ($5.71M), United States ($3.52M), Russia ($1.31M), Norway ($1.09M), and Belgium ($940k).

The fastest growing import markets in Inorganic Salts for Australia between 2021 and 2022 were China ($3.19M), Russia ($1.19M), and Switzerland ($636k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Inorganic Salts. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$506M
IMPORTS (2022)$17.6M
NET TRADE (2022)$489M

In 2022, Australia exported $506M in Inorganic Salts. The main destinations of Australia exports on Inorganic Salts were China ($379M), India ($38.4M), United States ($15.6M), United Kingdom ($13.5M), and New Zealand ($11.9M).

In 2022, Australia imported $17.6M in Inorganic Salts, mainly from China ($5.71M), United States ($3.52M), Russia ($1.31M), Norway ($1.09M), and Belgium ($940k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Inorganic Salts EXPORT MARKETS FOR Australia WERE (2021 - 2022):
China$376M (12.3k%)
India$37M (2.74k%)
Japan$5.16M (113%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Inorganic Salts BY Australia WERE (2021 - 2022):
France-$1.84M (-25.8%)
United Kingdom-$1.59M (-10.6%)
Papua New Guinea-$1.44M (-99.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Inorganic Salts were:
In 2022, Australia's main importing competitors in Inorganic Salts were:

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Trade Value of Inorganic Salts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $9.45M
TOP IMPORT POTENTIALChina+ $3.49M

Inorganic Salts’s highest export potential is India. With an export gap of $9.45M.   Inorganic Salts’s highest import potential is China with an import gap of $3.49M.

See methodology.

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