2022
Exports
$512MWorld Rnk 1 / 184
Flag Rnk 54 / 1208
2022
PRODUCT COMPLEXITY IN Salt
-1.11Rnk 857 / 1025
2022
Imports
$26.5MWorld Rnk 35 / 222
Flag Rnk 625 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $512M in Salt, making it the 1st largest exporter of Salt in the world. At the same year, Salt was the 54th most exported product in Australia. The main destination of Salt exports from Australia are: Japan ($145M), China ($83.5M), Indonesia ($78.6M), Chinese Taipei ($72.6M), and South Korea ($64.3M).

The fastest growing export markets for Salt of Australia between 2021 and 2022 were Japan ($31.1M), Chinese Taipei ($13M), and South Korea ($10.7M).

Imports In 2022, Australia imported $26.5M in Salt, becoming the 35th largest importer of Salt in the world. At the same year, Salt was the 625th most imported product in Australia. Australia imports Salt primarily from: Pakistan ($3.95M), New Zealand ($3.38M), China ($3.24M), United Kingdom ($2.96M), and South Africa ($1.91M).

The fastest growing import markets in Salt for Australia between 2021 and 2022 were Spain ($1.48M), China ($941k), and United Kingdom ($865k).

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 Salt. 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)$512M
IMPORTS (2022)$26.5M
NET TRADE (2022)$485M

In 2022, Australia exported $512M in Salt. The main destinations of Australia exports on Salt were Japan ($145M), China ($83.5M), Indonesia ($78.6M), Chinese Taipei ($72.6M), and South Korea ($64.3M).

In 2022, Australia imported $26.5M in Salt, mainly from Pakistan ($3.95M), New Zealand ($3.38M), China ($3.24M), United Kingdom ($2.96M), and South Africa ($1.91M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Salt EXPORT MARKETS FOR Australia WERE (2021 - 2022):
Japan$31.1M (27.3%)
Chinese Taipei$13M (21.7%)
South Korea$10.7M (19.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Salt BY Australia WERE (2021 - 2022):
Vietnam-$5.03M (-99.9%)
Kenya-$3.96M (-100%)
Singapore-$1.15M (-30.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Salt by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.31M
TOP IMPORT POTENTIALIndia+ $1.11M

Salt’s highest export potential is United States. With an export gap of $5.31M.   Salt’s highest import potential is India with an import gap of $1.11M.

See methodology.

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