Stearic Acid in Philippines | The Observatory of Economic Complexity

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Exports In 2022, Philippines exported $113M in Stearic Acid, making it the 17th largest exporter of Stearic Acid in the world. At the same year, Stearic Acid was the 102nd most exported product in Philippines. The main destination of Stearic Acid exports from Philippines are: China ($28.2M), Germany ($25M), United States ($18M), South Korea ($8.93M), and Chinese Taipei ($8.89M).

The fastest growing export markets for Stearic Acid of Philippines between 2021 and 2022 were United States ($16.2M), Malaysia ($5.04M), and Spain ($2.71M).

Imports In 2022, Philippines imported $94.1M in Stearic Acid, becoming the 29th largest importer of Stearic Acid in the world. At the same year, Stearic Acid was the 280th most imported product in Philippines. Philippines imports Stearic Acid primarily from: Indonesia ($76.8M), Malaysia ($12.9M), China ($1.13M), Thailand ($753k), and Germany ($690k).

The fastest growing import markets in Stearic Acid for Philippines between 2021 and 2022 were Indonesia ($60.5M), Thailand ($537k), and China ($380k).

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$113M

IMPORTS (2022)$94.1M

NET TRADE (2022)$18.4M

In 2022, Philippines exported $113M in Stearic Acid. The main destinations of Philippines exports on Stearic Acid were China ($28.2M), Germany ($25M), United States ($18M), South Korea ($8.93M), and Chinese Taipei ($8.89M).

In 2022, Philippines imported $94.1M in Stearic Acid, mainly from Indonesia ($76.8M), Malaysia ($12.9M), China ($1.13M), Thailand ($753k), and Germany ($690k).