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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)

2022
World Trade $4.44BRnk 588 / 1218
2022
Top Exporter | Top Importer $512M | $627MAustralia | United States
2022
Product Complexity -1.15Rnk 879 / 1033
2021 - 2022
Export Growth (CAGR) 11.5%Rnk 370 / 1218
2022
Share of World Trade 0.019%Rnk 588 / 1218

About

Overview This page contains the latest trade data of Salt. In 2022, Salt were the world's 588th most traded product, with a total trade of $4.44B. Between 2021 and 2022 the exports of Salt grew by 11.5%, from $3.98B to $4.44B. Trade in Salt represent 0.019% 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 2022 the top exporters of Salt  were Australia ($512M), Netherlands ($448M), India ($349M), Germany ($317M), and Mexico ($265M).

Imports In 2022 the top importers of Salt were United States ($627M), China ($364M), Japan ($302M), Germany ($269M), and South Korea ($191M).

Ranking Salt ranks 879th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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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.

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* 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 (2022)Australia$512M
Top Destination (2022)United States$627M

In 2022 Salt were the world's 588th most traded product (out of 1,218).

In 2022, the top exporters of Salt were Australia ($512M), Netherlands ($448M), India ($349M), Germany ($317M), and Mexico ($265M).

In 2022, the top importers of Salt were United States ($627M), China ($364M), Japan ($302M), Germany ($269M), and South Korea ($191M).

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Exporters of Salt (2022)
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Importers of Salt (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)India$118M
Top Destination Growth (2021 -  2022)China$148M

Between 2021 and 2022, the exports of Salt grew the fastest in India ($118M), Netherlands ($84M), Australia ($65.7M), Turkey ($43.3M), and Chile ($38.6M).

Between 2021 and 2022, the fastest growing importers of Salt were China ($148M), Ukraine ($76.9M), Germany ($28.3M), Japan ($27.2M), and Kuwait ($24.6M).

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Exporters of Salt (2021 - 2022)

Importers of Salt (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4.95. This means that most of the exports of Salt are explained by 30 countries.

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Value of Exports in Salt

Net Trade

TOP NET EXPORTER (2022)Australia$485M
TOP NET IMPORTER (2022)United States$426M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Salt were Australia ($485M), Netherlands ($389M), India ($337M), Mexico ($242M), and Chile ($186M).

In 2022, the countries that had a largest trade value in imports than in exports of Salt were United States ($426M), Japan ($298M), China ($202M), South Korea ($180M), and Chinese Taipei ($122M).

Net Trade (2022)

Country Comparison

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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 (2022)

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 (2022)

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