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Exports In 2018, India exported $540M in Stearic Acid, making it the 6th largest exporter of Stearic Acid in the world. At the same year, Stearic Acid was the 155th most exported product in India. The main destination of Stearic Acid exports from India are: United States ($94.9M), China ($43.6M), Malaysia ($43.1M), Germany ($42.9M), and Japan ($36M).

The fastest growing export markets for Stearic Acid of India between 2021 and 2022 were Malaysia ($37.1M), China ($34.1M), and United States ($31.5M).

Imports In 2022, India imported $961M in Stearic Acid, becoming the 6th largest importer of Stearic Acid in the world. At the same year, Stearic Acid was the 109th most imported product in India. India imports Stearic Acid primarily from: Indonesia ($518M), Malaysia ($305M), Thailand ($31M), Singapore ($28.4M), and Bangladesh ($17.4M).

The fastest growing import markets in Stearic Acid for India between 2021 and 2022 were Indonesia ($57.4M), Malaysia ($47.4M), and Thailand ($7.66M).

Historical Data

Trade Balance

Color
EXPORTS (2022)$540M
IMPORTS (2022)$961M
NET TRADE (2022)-$422M

In 2022, India exported $540M in Stearic Acid. The main destinations of India exports on Stearic Acid were United States ($94.9M), China ($43.6M), Malaysia ($43.1M), Germany ($42.9M), and Japan ($36M).

In 2022, India imported $961M in Stearic Acid, mainly from Indonesia ($518M), Malaysia ($305M), Thailand ($31M), Singapore ($28.4M), and Bangladesh ($17.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stearic Acid EXPORT MARKETS FOR India WERE (2021 - 2022):
Malaysia$37.1M (620%)
China$34.1M (360%)
United States$31.5M (49.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stearic Acid BY India WERE (2021 - 2022):
Sri Lanka-$3.79M (-32.5%)
Nigeria-$3.07M (-74.3%)
Thailand-$1.55M (-44.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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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.

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