Palmitic acid, stearic acid, their salts & esters in United States

About

Exports In 2022, United States exported $73.3M in Palmitic acid, stearic acid, their salts & esters, making it the 6th largest exporter of Palmitic acid, stearic acid, their salts & esters in the world. At the same year, Palmitic acid, stearic acid, their salts & esters was the 1731st most exported product in United States. The main destination of Palmitic acid, stearic acid, their salts & esters exports from United States are: Canada ($32.1M), Mexico ($7.84M), India ($7.35M), Belgium ($3.27M), and South Korea ($2.73M).

The fastest growing export markets for Palmitic acid, stearic acid, their salts & esters of United States between 2021 and 2022 were Canada ($8.44M), India ($2.8M), and Mexico ($2.62M).

Imports In 2022, United States imported $191M in Palmitic acid, stearic acid, their salts & esters, becoming the 1st largest importer of Palmitic acid, stearic acid, their salts & esters in the world. At the same year, Palmitic acid, stearic acid, their salts & esters was the 1557th most imported product in United States. United States imports Palmitic acid, stearic acid, their salts & esters primarily from: Malaysia ($43.3M), Indonesia ($41.3M), Singapore ($31.8M), India ($25.3M), and Italy ($12.3M).

The fastest growing import markets in Palmitic acid, stearic acid, their salts & esters for United States between 2021 and 2022 were Malaysia ($9.24M), India ($5.92M), and Canada ($4.13M).

COMPANIES In 2023, leading companies such as IKEA Group (135k), CrimsonLogic (98.6k), and Dole Fresh Fruit (62.1k) were at the forefront of shipping Palmitic acid, stearic acid, their salts & esters to the United States.

Latest Trends

July 2024

About

Overview In July 2024 United States' Palmitic acid, stearic acid, their salts & esters exports accounted up to $5.67M and imports accounted up to $10.6M, resulting in a negative trade balance of $4.9M. Between July 2023 and July 2024 the exports of United States' Palmitic acid, stearic acid, their salts & esters have increased by $142k (2.57%) from $5.52M to $5.67M, while imports decreased by $-850k (-7.44%) from $11.4M to $10.6M.

Destinations In July 2024, Palmitic acid, stearic acid, their salts & esters were exported mostly to Canada ($2.23M), Mexico ($702k), India ($564k), China ($484k), and Belgium ($415k), and were imported mostly from Indonesia ($3.07M), Malaysia ($2.32M), Singapore ($1.61M), India ($1.14M), and Italy ($477k).

Growth In July 2024, the increase in Palmitic acid, stearic acid, their salts & esters's year-by-year exports was explained primarily by an increase in exports to United Kingdom ($1.85M or 2.27k%), Belgium ($410k or 1.17k%), and India ($281k or 61.8%). In July 2024, the decrease in Palmitic acid, stearic acid, their salts & esters's year-by-year imports was explained primarily by a decrease in imports from Malaysia ($-1.84M or -50.4%), Singapore ($-1.4M or -75.7%), and India ($-717k or -46.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (July 2023 - July 2024)$142k(2.57%)

IMPORT GROWTH (July 2023 - July 2024)$-850k(-7.44%)

MAIN DESTINATION (July 2024)Canada$2.23M

This section shows Palmitic acid, stearic acid, their salts & esters's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Palmitic acid, stearic acid, their salts & esters over time.

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