Salt in Malaysia | The Observatory of Economic Complexity

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Exports In 2022, Malaysia exported $7.71M in Salt, making it the 50th largest exporter of Salt in the world. At the same year, Salt was the 666th most exported product in Malaysia. The main destination of Salt exports from Malaysia are: Singapore ($2.42M), Kuwait ($1.55M), Oman ($1.09M), Qatar ($812k), and Hong Kong ($779k).

The fastest growing export markets for Salt of Malaysia between 2021 and 2022 were Kuwait ($1.16M), Oman ($646k), and Qatar ($194k).

Imports In 2022, Malaysia imported $49.3M in Salt, becoming the 23rd largest importer of Salt in the world. At the same year, Salt was the 521st most imported product in Malaysia. Malaysia imports Salt primarily from: Australia ($19.2M), India ($10.2M), China ($6.99M), Thailand ($3.01M), and New Zealand ($1.96M).

The fastest growing import markets in Salt for Malaysia between 2021 and 2022 were India ($3.62M), China ($1.85M), and Australia ($1.37M).

Latest Trends

August 2024

About

Overview In August 2024 Malaysia's Salt exports accounted up to MYR4.29M and imports accounted up to MYR51.2M, resulting in a negative trade balance of MYR46.9M. Between August 2023 and August 2024 the exports of Malaysia's Salt have increased by MYR1.94M (82.3%) from MYR2.36M to MYR4.29M, while imports increased by MYR31.5M (160%) from MYR19.7M to MYR51.2M.

Destinations In August 2024, Salt were exported mostly to Brunei (MYR2.26M), Singapore (MYR1.53M), New Zealand (MYR246k), Hong Kong (MYR172k), and China (MYR63.3k), and were imported mostly from Australia (MYR38.9M), China (MYR3.61M), India (MYR2.96M), Singapore (MYR1.14M), and Thailand (MYR982k).

Growth In August 2024, the increase in Salt's year-by-year exports was explained primarily by an increase in exports to Singapore (MYR184k or 19.4%), Indonesia (MYR86.7k or 539%), and Hong Kong (MYR20.5k or 18.2%). In August 2024, the increase in Salt's year-by-year imports was explained primarily by an increase in imports from Australia (MYR2.05M or 1.74k%), Spain (MYR728k or 202%), and United Kingdom (MYR217k or 2.58k%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2023 - August 2024)MYR1.94M(82.3%)

IMPORT GROWTH (August 2023 - August 2024)MYR31.5M(160%)

MAIN DESTINATION (August 2024)BruneiMYR2.26M

This section shows Salt's exports and imports data at subnational level for Malaysia. 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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$7.71M

IMPORTS (2022)$49.3M

NET TRADE (2022)-$41.6M

In 2022, Malaysia exported $7.71M in Salt. The main destinations of Malaysia exports on Salt were Singapore ($2.42M), Kuwait ($1.55M), Oman ($1.09M), Qatar ($812k), and Hong Kong ($779k).

In 2022, Malaysia imported $49.3M in Salt, mainly from Australia ($19.2M), India ($10.2M), China ($6.99M), Thailand ($3.01M), and New Zealand ($1.96M).

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