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250100 (Harmonized System 1992 for 6-digit)

2023
World Trade $4.76BRnk 775 / 4644
2023
Top Exporter | Top Importer $570M | $651MAustralia | United States
2023
Product Complexity -1.24Rnk 4042 / 4656
2022 - 2023
Export Growth (CAGR) -3.28%Rnk 1886 / 4644
2023
Share of World Trade 0.021%Rnk 775 / 4644

About

Overview This page contains the latest trade data of Salt (sodium chloride) including solution, salt water. In 2023, Salt (sodium chloride) including solution, salt water were the world's 775th most traded product, with a total trade of $4.76B. Between 2022 and 2023 the exports of Salt (sodium chloride) including solution, salt water decreased by -3.28%, from $4.92B to $4.76B. Trade in Salt (sodium chloride) including solution, salt water represent 0.021% of total world trade.

Salt (sodium chloride) including solution, salt water are a part of Salt.

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

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

Ranking Salt (sodium chloride) including solution, salt water ranks 4042nd in the Product Complexity Index (PCI).

Description Salt is a mineral, and is used to flavor food, preserve food, and add minerals to the body. It is important to add salt to a diet without enough sodium, because it helps to regulate body fluids.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Salt (sodium chloride) including solution, salt water. 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 (2023)Australia$570M
Top Destination (2023)United States$651M

In 2023 Salt (sodium chloride) including solution, salt water were the world's 775th most traded product (out of 4,644).

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

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

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Exporters of Salt (sodium chloride) including solution, salt water (2023)
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Importers of Salt (sodium chloride) including solution, salt water (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 (sodium chloride) including solution, salt water 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 (sodium chloride) including solution, salt water 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 (sodium chloride) including solution, salt water (2022 - 2023)

Importers of Salt (sodium chloride) including solution, salt water (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Salt (sodium chloride) including solution, salt water.

In 2023, market concentration measured using Shannon Entropy, was 4.89. This means that most of the exports of Salt (sodium chloride) including solution, salt water are explained by 29 countries.

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Value of Exports in Salt (sodium chloride) including solution, salt water

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 (sodium chloride) including solution, salt water. Each country is colored based on the difference in exports and imports of Salt (sodium chloride) including solution, salt water during 2023.

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

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Salt (sodium chloride) including solution, salt water by percentage of total exports

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)

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