2022
Exports
$13.5MWorld Rnk 39 / 184
Flag Rnk 515 / 1198
2022
PRODUCT COMPLEXITY IN Salt
-1.11Rnk 857 / 1025
2022
Imports
$25.7MWorld Rnk 37 / 222
Flag Rnk 618 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $13.5M in Salt, making it the 39th largest exporter of Salt in the world. At the same year, Salt was the 515th most exported product in Singapore. The main destination of Salt exports from Singapore are: United States ($8.98M), Australia ($1.27M), Malaysia ($925k), Chinese Taipei ($664k), and Thailand ($450k).

The fastest growing export markets for Salt of Singapore between 2021 and 2022 were United States ($297k), Malaysia ($105k), and Thailand ($53k).

Imports In 2018, Singapore imported $25.7M in Salt, becoming the 37th largest importer of Salt in the world. At the same year, Salt was the 618th most imported product in Singapore. Singapore imports Salt primarily from: Spain ($5.65M), United States ($4.15M), Australia ($2.6M), Malaysia ($2.42M), and China ($2.31M).

The fastest growing import markets in Salt for Singapore between 2021 and 2022 were India ($1.73M), Spain ($1.57M), and China ($880k).

Latest Trends

Sep 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)$13.5M
IMPORTS (2022)$25.7M
NET TRADE (2022)-$12.3M

In 2022, Singapore exported $13.5M in Salt. The main destinations of Singapore exports on Salt were United States ($8.98M), Australia ($1.27M), Malaysia ($925k), Chinese Taipei ($664k), and Thailand ($450k).

In 2022, Singapore imported $25.7M in Salt, mainly from Spain ($5.65M), United States ($4.15M), Australia ($2.6M), Malaysia ($2.42M), and China ($2.31M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Salt EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
United States$297k (3.42%)
Malaysia$105k (12.9%)
Thailand$53k (13.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Salt BY Singapore WERE (2021 - 2022):
Australia-$331k (-20.6%)
Papua New Guinea-$284k (-100%)
New Zealand-$142k (-26.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Salt were:
In 2022, Singapore'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 POTENTIALMalaysia+ $304k
TOP IMPORT POTENTIALIndia+ $1.34M

Salt’s highest export potential is Malaysia. With an export gap of $304k.   Salt’s highest import potential is India with an import gap of $1.34M.

See methodology.

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