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2022
Exports $147MWorld Rnk 14 / 143
Flag Rnk 829 / 1216
2022
Destination $9.4MN/A
2021 - 2022
FASTEST GROWING MARKET $9.4MRussia
2022
Imports $2.64BWorld Rnk 1 / 198
Flag Rnk 123 / 1212
2022
Origin $397M Indonesia
2021 - 2022
FASTEST GROWING ORIGIN $397MIndonesia
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

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 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%)
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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:
Indonesia $6.84B
Malaysia $3.58B
Netherlands $1.72B
In 2022, China's main importing competitors in Stearic Acid were:
Netherlands $2.2B
United States $1.13B

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Trade Value of Stearic Acid by Exporters

Potential Exports

Potential Exports

Flow
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N/A
N/AN/A
N/AN/A

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.

See methodology.

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