2022
Exports | Imports
$6.84B | $102MWorld Rnk 1 / 143
Flag Rnk 8 / 1194
World Rnk 27 / 198
Flag Rnk 350 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.078Rnk 67 / 124

About

Exports In 2022, Indonesia exported $6.84B in Stearic Acid, making it the 1st largest exporter of Stearic Acid in the world. At the same year, Stearic Acid was the 8th most exported product in Indonesia. The main destination of Stearic Acid exports from Indonesia are: China ($1.73B), Netherlands ($1.02B), Malaysia ($849M), United States ($525M), and India ($518M).

The fastest growing export markets for Stearic Acid of Indonesia between 2021 and 2022 were China ($397M), Malaysia ($251M), and United States ($150M).

Imports In 2022, Indonesia imported $102M in Stearic Acid, becoming the 27th largest importer of Stearic Acid in the world. At the same year, Stearic Acid was the 350th most imported product in Indonesia. Indonesia imports Stearic Acid primarily from: Malaysia ($68.9M), Turkey ($8.01M), China ($4.94M), Japan ($3.6M), and India ($3.44M).

The fastest growing import markets in Stearic Acid for Indonesia between 2021 and 2022 were Turkey ($6.42M), China ($2.6M), and Indonesia ($1.38M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Stearic Acid from Indonesia to the United States.

Latest Trends

Feb 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Stearic Acid. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.84B
IMPORTS (2022)$102M
NET TRADE (2022)$6.73B

In 2022, Indonesia exported $6.84B in Stearic Acid. The main destinations of Indonesia exports on Stearic Acid were China ($1.73B), Netherlands ($1.02B), Malaysia ($849M), United States ($525M), and India ($518M).

In 2022, Indonesia imported $102M in Stearic Acid, mainly from Malaysia ($68.9M), Turkey ($8.01M), China ($4.94M), Japan ($3.6M), and India ($3.44M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stearic Acid EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
China$397M (29.8%)
Malaysia$251M (41.9%)
United States$150M (39.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stearic Acid BY Indonesia WERE (2021 - 2022):
South Korea-$13.7M (-3.7%)
Russia-$7.22M (-30.6%)
Uganda-$6.59M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Stearic Acid by Exporters

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