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Exports In 2022, Iceland exported $790k in Stearic Acid, making it the 93rd largest exporter of Stearic Acid in the world. At the same year, Stearic Acid was the 147th most exported product in Iceland. The main destination of Stearic Acid exports from Iceland are: Chile ($489k), United Kingdom ($232k), Netherlands ($40k), Norway ($21.2k), and Turkey ($7.54k).

The fastest growing export markets for Stearic Acid of Iceland between 2021 and 2022 were Chile ($263k), Netherlands ($12.8k), and Turkey ($7.54k).

Imports In 2022, Iceland imported $979k in Stearic Acid, becoming the 114th largest importer of Stearic Acid in the world. At the same year, Stearic Acid was the 539th most imported product in Iceland. Iceland imports Stearic Acid primarily from: Denmark ($590k), United Kingdom ($207k), United States ($90.1k), Germany ($38.7k), and Poland ($19.8k).

The fastest growing import markets in Stearic Acid for Iceland between 2021 and 2022 were United States ($77.5k), Denmark ($65.5k), and Singapore ($10.8k).

Historical Data

Trade Balance

Color
EXPORTS (2022)$790k
IMPORTS (2022)$979k
NET TRADE (2022)-$189k

In 2022, Iceland exported $790k in Stearic Acid. The main destinations of Iceland exports on Stearic Acid were Chile ($489k), United Kingdom ($232k), Netherlands ($40k), Norway ($21.2k), and Turkey ($7.54k).

In 2022, Iceland imported $979k in Stearic Acid, mainly from Denmark ($590k), United Kingdom ($207k), United States ($90.1k), Germany ($38.7k), and Poland ($19.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stearic Acid EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
Chile$263k (116%)
Netherlands$12.8k (47.1%)
Turkey$7.54k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stearic Acid BY Iceland WERE (2021 - 2022):
Norway-$82.9k (-79.6%)
Germany-$11.1k (-98.9%)
France-$1.11k (-95.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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