2022
Exports
$46.3kWorld Rnk 126 / 184
Flag Rnk 553 / 931
2022
PRODUCT COMPLEXITY IN Salt
-1.11Rnk 857 / 1025
2022
Imports
$19MWorld Rnk 45 / 222
Flag Rnk 383 / 1173
2022
ECONOMIC COMPLEXITY of Bangladesh
-0.82Rnk 101 / 133

About

Exports In 2022, Bangladesh exported $46.3k in Salt, making it the 126th largest exporter of Salt in the world. At the same year, Salt was the 553rd most exported product in Bangladesh. The main destination of Salt exports from Bangladesh are: Singapore ($30.3k), Oman ($9.16k), Norway ($4.19k), United Kingdom ($1.18k), and Australia ($934).

The fastest growing export markets for Salt of Bangladesh between 2021 and 2022 were Singapore ($11.5k), Norway ($3.73k), and Oman ($3.29k).

Imports In 2022, Bangladesh imported $19M in Salt, becoming the 45th largest importer of Salt in the world. At the same year, Salt was the 383rd most imported product in Bangladesh. Bangladesh imports Salt primarily from: India ($17.3M), Thailand ($1M), Germany ($273k), China ($216k), and Pakistan ($90k).

The fastest growing import markets in Salt for Bangladesh between 2021 and 2022 were India ($8.78M), Thailand ($424k), and Germany ($52.9k).

Latest Trends

Aug 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)$46.3k
IMPORTS (2022)$19M
NET TRADE (2022)-$18.9M

In 2022, Bangladesh exported $46.3k in Salt. The main destinations of Bangladesh exports on Salt were Singapore ($30.3k), Oman ($9.16k), Norway ($4.19k), United Kingdom ($1.18k), and Australia ($934).

In 2022, Bangladesh imported $19M in Salt, mainly from India ($17.3M), Thailand ($1M), Germany ($273k), China ($216k), and Pakistan ($90k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Salt EXPORT MARKETS FOR Bangladesh WERE (2021 - 2022):
Singapore$11.5k (61.4%)
Norway$3.73k (818%)
Oman$3.29k (56%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Salt BY Bangladesh WERE (2021 - 2022):
Malaysia-$10.3k (-100%)
Brunei-$7.39k (-100%)
Gambia-$6.5k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bangladesh's main exporting competitors in Salt were:
In 2022, Bangladesh'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 POTENTIALSingapore+ $9.65k
TOP IMPORT POTENTIALIndia+ $3.67M

Salt’s highest export potential is Singapore. With an export gap of $9.65k.   Salt’s highest import potential is India with an import gap of $3.67M.

See methodology.

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