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Exports In 2022, China exported $147M in Stearic Acid, making it the 14th largest exporter of Stearic Acid in the world. At the same year, Stearic Acid was the 829th most exported product in China. The main destination of Stearic Acid exports from China are: South Korea ($21.2M), Russia ($12.5M), United States ($10.8M), Mexico ($9.22M), and Japan ($8.58M).

The fastest growing export markets for Stearic Acid of China between 2021 and 2022 were Russia ($9.4M), Mexico ($8.01M), and United Arab Emirates ($6.32M).

Imports In 2022, China imported $2.64B in Stearic Acid, becoming the 1st largest importer of Stearic Acid in the world. At the same year, Stearic Acid was the 123rd most imported product in China. China imports Stearic Acid primarily from: Indonesia ($1.73B), Malaysia ($605M), Thailand ($55.7M), India ($43.6M), and South Africa ($31.8M).

The fastest growing import markets in Stearic Acid for China between 2021 and 2022 were Indonesia ($397M), Malaysia ($128M), and India ($34.1M).

Historical Data

Trade Balance

Color
EXPORTS (2022)$147M
IMPORTS (2022)$2.64B
NET TRADE (2022)-$2.49B

In 2022, China exported $147M in Stearic Acid. The main destinations of China exports on Stearic Acid were South Korea ($21.2M), Russia ($12.5M), United States ($10.8M), Mexico ($9.22M), and Japan ($8.58M).

In 2022, China imported $2.64B in Stearic Acid, mainly from Indonesia ($1.73B), Malaysia ($605M), Thailand ($55.7M), India ($43.6M), and South Africa ($31.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stearic Acid EXPORT MARKETS FOR China WERE (2021 - 2022):
Russia$9.4M (307%)
Mexico$8.01M (660%)
United Arab Emirates$6.32M (1.89k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stearic Acid BY China WERE (2021 - 2022):
Saudi Arabia-$5.85M (-91.7%)
South Korea-$5.14M (-19.5%)
Netherlands-$2.59M (-75%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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