2022
Exports
$73.3MWorld Rnk 6 / 105
Flag Rnk 1731 / 4632
2022
Imports
$191MWorld Rnk 1 / 170
Flag Rnk 1557 / 4573
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

The fastest growing export markets for Palmitic acid, stearic acid, their salts & esters of United States between 2021 and 2022 were Canada ($8.44M), India ($2.8M), and Mexico ($2.62M).

Imports In 2022, United States imported $191M in Palmitic acid, stearic acid, their salts & esters, becoming the 1st largest importer of Palmitic acid, stearic acid, their salts & esters in the world. At the same year, Palmitic acid, stearic acid, their salts & esters was the 1557th most imported product in United States. United States imports Palmitic acid, stearic acid, their salts & esters primarily from: Malaysia ($43.3M), Indonesia ($41.3M), Singapore ($31.8M), India ($25.3M), and Italy ($12.3M).

The fastest growing import markets in Palmitic acid, stearic acid, their salts & esters for United States between 2021 and 2022 were Malaysia ($9.24M), India ($5.92M), and Canada ($4.13M).

COMPANIES In 2023, leading companies such as IKEA Group (135k), CrimsonLogic (98.6k), and Dole Fresh Fruit (62.1k) were at the forefront of shipping Palmitic acid, stearic acid, their salts & esters to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$1.88M(27.4%)
IMPORT GROWTH (June 2023 - June 2024)$4.87M(70.8%)
MAIN DESTINATION (June 2024)Canada$2.42M

This section shows Palmitic acid, stearic acid, their salts & esters's exports and imports data at subnational level for United States. 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 Palmitic acid, stearic acid, their salts & esters over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$73.3M
IMPORTS (2022)$191M
NET TRADE (2022)-$118M

In 2022, United States imported $191M in Palmitic acid, stearic acid, their salts & esters, mainly from Malaysia ($43.3M), Indonesia ($41.3M), Singapore ($31.8M), India ($25.3M), and Italy ($12.3M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Palmitic acid, stearic acid, their salts & esters EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$8.44M (35.7%)
India$2.8M (61.3%)
Mexico$2.62M (50.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palmitic acid, stearic acid, their salts & esters BY United States WERE (2021 - 2022):
China-$5.24M (-74.1%)
Netherlands-$1.58M (-97.6%)
Brazil-$596k (-37.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Palmitic acid, stearic acid, their salts & esters were:
In 2022, United States's main importing competitors in Palmitic acid, stearic acid, their salts & esters were:
China $103M
Germany $84.3M

Explore Visualizations

Trade Value of Palmitic acid, stearic acid, their salts & esters by Exporters

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