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Exports In 2022, Canada exported $8.77M in Stearic Acid, making it the 50th largest exporter of Stearic Acid in the world. At the same year, Stearic Acid was the 792nd most exported product in Canada. The main destination of Stearic Acid exports from Canada are: United States ($6.63M), Germany ($1.42M), China ($190k), India ($185k), and Panama ($74k).

The fastest growing export markets for Stearic Acid of Canada between 2021 and 2022 were United States ($2.12M), Germany ($458k), and Peru ($47k).

Imports In 2018, Canada imported $125M in Stearic Acid, becoming the 26th largest importer of Stearic Acid in the world. At the same year, Stearic Acid was the 526th most imported product in Canada. Canada imports Stearic Acid primarily from: United States ($80M), Malaysia ($22.4M), India ($12.6M), Indonesia ($3.01M), and Germany ($2.36M).

The fastest growing import markets in Stearic Acid for Canada between 2021 and 2022 were United States ($15.4M), India ($5.99M), and Sweden ($702k).

Historical Data

Trade Balance

Color
EXPORTS (2022)$8.77M
IMPORTS (2022)$125M
NET TRADE (2022)-$116M

In 2022, Canada exported $8.77M in Stearic Acid. The main destinations of Canada exports on Stearic Acid were United States ($6.63M), Germany ($1.42M), China ($190k), India ($185k), and Panama ($74k).

In 2022, Canada imported $125M in Stearic Acid, mainly from United States ($80M), Malaysia ($22.4M), India ($12.6M), Indonesia ($3.01M), and Germany ($2.36M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stearic Acid EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$2.12M (47%)
Germany$458k (47.4%)
Peru$47k (3.7k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stearic Acid BY Canada WERE (2021 - 2022):
China-$291k (-60.5%)
Indonesia-$107k (-99.9%)
India-$30.4k (-14.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Canada's main exporting competitors in Stearic Acid were:
In 2022, Canada's main importing competitors in Stearic Acid were:

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Trade Value of Stearic Acid by Exporters

Potential Exports

Potential Exports

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N/A
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Stearic Acid’s highest export potential is N/A. With an export gap of N/A.   Stearic Acid’s highest import potential is N/A with an import gap of N/A.

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