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2022
Exports $91.1MWorld Rnk 12 / 184
Flag Rnk 422 / 1216
2022
Destination $11.3M Belgium
2021 - 2022
FASTEST GROWING MARKET $11.3MBelgium
2022
PRODUCT COMPLEXITY IN Salt-1.11Rnk 857 / 1025
2022
Imports $81.1MWorld Rnk 13 / 222
Flag Rnk 636 / 1214
2022
Origin $3.7M Spain
2021 - 2022
FASTEST GROWING ORIGIN $3.7MTurkey
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $91.1M in Salt, making it the 12th largest exporter of Salt in the world. At the same year, Salt was the 422nd most exported product in United Kingdom. The main destination of Salt exports from United Kingdom are: Belgium ($15.7M), Ireland ($14.3M), Portugal ($13.2M), United States ($7.75M), and Spain ($4.06M).

The fastest growing export markets for Salt of United Kingdom between 2021 and 2022 were Belgium ($11.3M), Portugal ($7.23M), and United States ($1.8M).

Imports In 2022, United Kingdom imported $81.1M in Salt, becoming the 13th largest importer of Salt in the world. At the same year, Salt was the 636th most imported product in United Kingdom. United Kingdom imports Salt primarily from: Spain ($14.4M), Germany ($10.9M), Turkey ($7.85M), Netherlands ($6.56M), and Pakistan ($6.39M).

The fastest growing import markets in Salt for United Kingdom between 2021 and 2022 were Turkey ($3.7M), Ireland ($1.36M), and Brazil ($1.04M).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Salt exports accounted up to £7.79M and imports accounted up to £10.2M, resulting in a negative trade balance of £2.37M. Between June 2023 and June 2024 the exports of United Kingdom's   Salt have increased by £2.19M (39.1%) from £5.6M to £7.79M, while imports increased by £1.72M (20.4%) from £8.44M to £10.2M.

Destinations In June 2024, Salt were exported mostly to Belgium (£1.99M), Ireland (£1.34M), Netherlands (£706k), United States (£479k), and Australia (£338k), and were imported mostly from Spain (£2.07M), Germany (£1.54M), Belgium (£1.16M), Turkey (£1.07M), and Netherlands (£761k).

Growth In June 2024, the increase in Salt's year-by-year exports was explained primarily by an increase in exports to Ireland (£1.92M or 344%), Belgium (£1.83M or 663%), and Australia (£232k or 304%). In June 2024, the increase in Salt's year-by-year imports was explained primarily by an increase in imports from Turkey (£1.22M or 432%), India (£631k or 1.49k%), and Germany (£543k or 131%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£2.19M(39.1%)
IMPORT GROWTH (June 2023 - June 2024)£1.72M(20.4%)
MAIN EXPORTER (June 2024)Runcorn£2.05M
MAIN DESTINATION (June 2024)Belgium£1.99M

This section shows Salt's exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Salt over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$91.1M
IMPORTS (2022)$81.1M
NET TRADE (2022)$9.98M

In 2022, United Kingdom exported $91.1M in Salt. The main destinations of United Kingdom exports on Salt were Belgium ($15.7M), Ireland ($14.3M), Portugal ($13.2M), United States ($7.75M), and Spain ($4.06M).

In 2022, United Kingdom imported $81.1M in Salt, mainly from Spain ($14.4M), Germany ($10.9M), Turkey ($7.85M), Netherlands ($6.56M), and Pakistan ($6.39M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Salt EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Belgium$11.3M (260%)
Portugal$7.23M (122%)
United States$1.8M (30.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Salt BY United Kingdom WERE (2021 - 2022):
Ireland-$6.25M (-30.4%)
Denmark-$1.04M (-25.9%)
Netherlands-$951k (-26.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Salt were:
Australia $512M
Netherlands $448M
India $349M
In 2022, United Kingdom's main importing competitors in Salt were:
United States $627M
China $364M
Japan $302M

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Trade Value of Salt by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.94M
TOP IMPORT POTENTIALNetherlands+ $3.21M

Salt’s highest export potential is United States. With an export gap of $3.94M.   Salt’s highest import potential is Netherlands with an import gap of $3.21M.

See methodology.

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