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Salt (including table salt and denatured salt); pure sodium chloride whether or not in aqueous solution; sea water

2501 (Harmonized System 1992 for 4-digit)

2023
World Trade $4.76BRnk 556 / 1217
2023
Top Exporter | Top Importer $570M | $651MAustralia | United States
2023
Product Complexity -1.13Rnk 888 / 1044
2022 - 2023
Export Growth (CAGR) -3.28%Rnk 509 / 1217
2023
Share of World Trade 0.021%Rnk 556 / 1217

About

Overview This page contains the latest trade data of Salt. In 2023, Salt were the world's 556th most traded product, with a total trade of $4.76B. Between 2022 and 2023 the exports of Salt decreased by -3.28%, from $4.92B to $4.76B. Trade in Salt represent 0.021% of total world trade.

Salt are a part of Salt, sulphur, cement, lime, stone, & plaster. They include Salt (sodium chloride) including solution, salt water.

Exports In 2023 the top exporters of Salt  were Australia ($570M), India ($446M), Netherlands ($401M), Germany ($357M), and Chile ($266M).

Imports In 2023 the top importers of Salt were United States ($651M), China ($405M), Japan ($338M), Germany ($247M), and Canada ($213M).

Ranking Salt ranks 888th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Salt. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

Explore Latest Trends

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Australia$570M
Top Destination (2023)United States$651M

In 2023 Salt were the world's 556th most traded product (out of 1,217).

In 2023, the top exporters of Salt were Australia ($570M), India ($446M), Netherlands ($401M), Germany ($357M), and Chile ($266M).

In 2023, the top importers of Salt were United States ($651M), China ($405M), Japan ($338M), Germany ($247M), and Canada ($213M).

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Exporters of Salt (2023)
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Importers of Salt (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$45.7M
Top Destination Growth (2022 -  2023)Canada$65.3M

Between 2022 and 2023, the exports of Salt grew the fastest in United States ($45.7M), India ($39.2M), Germany ($32.6M), Austria ($23.9M), and Egypt ($20.6M).

Between 2022 and 2023, the fastest growing importers of Salt were Canada ($65.3M), United Kingdom ($24.8M), France ($17.9M), Netherlands ($14.4M), and Chinese Taipei ($14.3M).

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Exporters of Salt (2022 - 2023)

Importers of Salt (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Salt.

In 2023, market concentration measured using Shannon Entropy, was 4.89. This means that most of the exports of Salt are explained by 29 countries.

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Value of Exports in Salt

Net Trade

TOP NET EXPORTER (2023)Australia$544M
TOP NET IMPORTER (2023)United States$398M

This map shows which countries export or import more of Salt. Each country is colored based on the difference in exports and imports of Salt during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Salt were Australia ($544M), India ($430M), Netherlands ($317M), Chile ($262M), and Mexico ($213M).

In 2023, the countries that had a largest trade value in imports than in exports of Salt were United States ($398M), Japan ($334M), China ($244M), Chinese Taipei ($141M), and Indonesia ($133M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Salt.
It is possible to select the main countries that export or import Salt in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Salt by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $8.98M
TOP IMPORT POTENTIALEgypt+ $1.35M

Salt’s highest export potential is United States. With an export gap of $8.98M.  Salt’s highest import potential is Egypt with an import gap of $1.35M.

See methodology.

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Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

Related Products

This visualization shows products that are likely to be exported by countries that export Salt.

Country by Relatedness

The following visualization shows the relatedness of Salt to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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