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2022
Exports $163MWorld Rnk 10 / 184
Flag Rnk 811 / 1216
2022
Destination $9.13M Japan
2021 - 2022
FASTEST GROWING MARKET $9.13MJapan
2022
PRODUCT COMPLEXITY IN Salt-1.11Rnk 857 / 1025
2022
Imports $364MWorld Rnk 2 / 222
Flag Rnk 413 / 1212
2022
Origin $89MN/A
2021 - 2022
FASTEST GROWING ORIGIN $89MIndia
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $163M in Salt, making it the 10th largest exporter of Salt in the world. At the same year, Salt was the 811th most exported product in China. The main destination of Salt exports from China are: Japan ($48.6M), South Korea ($40.3M), Vietnam ($16.3M), Philippines ($10.6M), and Malaysia ($6.99M).

The fastest growing export markets for Salt of China between 2021 and 2022 were Japan ($9.13M), Philippines ($3.78M), and Peru ($1.86M).

Imports In 2022, China imported $364M in Salt, becoming the 2nd largest importer of Salt in the world. At the same year, Salt was the 413th most imported product in China. China imports Salt primarily from: N/A.

The fastest growing import markets in Salt for China between 2021 and 2022 were India ($89M), Mexico ($60.7M), and Denmark ($5.6M).

COMPANIES In 2023, leading companies such as Walmart (164), Bass Pro Shops (23), and At Home Procurement (15) were at the forefront of shipping Salt from China to the United States.

Latest Trends

September 2024

About

Overview In September 2024 China's Salt exports accounted up to $10.3M and imports accounted up to $40.3M, resulting in a negative trade balance of $30M. Between September 2023 and September 2024 the exports of China's   Salt have increased by $501k (5.1%) from $9.82M to $10.3M, while imports increased by $8.13M (25.2%) from $32.2M to $40.3M.

Destinations In September 2024, Salt were exported mostly to South Korea ($2.63M), Japan ($2.42M), Vietnam ($991k), Philippines ($983k), and Hong Kong ($411k), and were imported mostly from India ($22.3M), Australia ($10.2M), United States ($3.44M), Mexico ($2.29M), and Denmark ($958k).

Growth In September 2024, the increase in Salt's year-by-year exports was explained primarily by an increase in exports to South Korea ($2.96M or 110%), Australia ($479k or 243%), and North Korea ($252k or 28.7k%). In September 2024, the increase in Salt's year-by-year imports was explained primarily by an increase in imports from India ($5.46M or 23.3%), France ($241k or 219%), and Russia ($150k or 317%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$501k(5.1%)
IMPORT GROWTH (September 2023 - September 2024)$8.13M(25.2%)
MAIN EXPORTER (September 2024)Shandong Province$5.26M
MAIN DESTINATION (September 2024)South Korea$2.63M

This section shows Salt's exports and imports data at subnational level for China. 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)$163M
IMPORTS (2022)$364M
NET TRADE (2022)-$202M

In 2022, China exported $163M in Salt. The main destinations of China exports on Salt were Japan ($48.6M), South Korea ($40.3M), Vietnam ($16.3M), Philippines ($10.6M), and Malaysia ($6.99M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Salt EXPORT MARKETS FOR China WERE (2021 - 2022):
Japan$9.13M (23.1%)
Philippines$3.78M (55.5%)
Peru$1.86M (98.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Salt BY China WERE (2021 - 2022):
Vietnam-$17M (-51%)
Bangladesh-$2.1M (-90.7%)
Thailand-$1.01M (-69.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Salt by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.26M
TOP IMPORT POTENTIALIndia+ $39M

Salt’s highest export potential is United States. With an export gap of $5.26M.   Salt’s highest import potential is India with an import gap of $39M.

See methodology.

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