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Exports In 2022, Hungary exported $11.4M in Stearic Acid, making it the 44th largest exporter of Stearic Acid in the world. At the same year, Stearic Acid was the 520th most exported product in Hungary. The main destination of Stearic Acid exports from Hungary are: Netherlands ($4.88M), Belgium ($2.62M), Germany ($2.33M), Poland ($664k), and Romania ($339k).

The fastest growing export markets for Stearic Acid of Hungary between 2021 and 2022 were Belgium ($2.62M), Germany ($1.83M), and Netherlands ($1.49M).

Imports In 2022, Hungary imported $34M in Stearic Acid, becoming the 47th largest importer of Stearic Acid in the world. At the same year, Stearic Acid was the 449th most imported product in Hungary. Hungary imports Stearic Acid primarily from: Germany ($14.7M), Italy ($6.8M), Netherlands ($2.9M), Spain ($1.88M), and Belgium ($1.25M).

The fastest growing import markets in Stearic Acid for Hungary between 2021 and 2022 were Germany ($5.98M), Italy ($4.79M), and Czechia ($476k).

Historical Data

Trade Balance

Color
EXPORTS (2022)$11.4M
IMPORTS (2022)$34M
NET TRADE (2022)-$22.6M

In 2022, Hungary exported $11.4M in Stearic Acid. The main destinations of Hungary exports on Stearic Acid were Netherlands ($4.88M), Belgium ($2.62M), Germany ($2.33M), Poland ($664k), and Romania ($339k).

In 2022, Hungary imported $34M in Stearic Acid, mainly from Germany ($14.7M), Italy ($6.8M), Netherlands ($2.9M), Spain ($1.88M), and Belgium ($1.25M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stearic Acid EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Belgium$2.62M (1%)
Germany$1.83M (368%)
Netherlands$1.49M (43.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stearic Acid BY Hungary WERE (2021 - 2022):
Austria-$310k (-76.9%)
Denmark-$214k (-98.5%)
Serbia-$16.3k (-96.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

See methodology.

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