Stearic Acid in South Korea | The Observatory of Economic Complexity

About

Exports In 2022, South Korea exported $26.2M in Stearic Acid, making it the 29th largest exporter of Stearic Acid in the world. At the same year, Stearic Acid was the 599th most exported product in South Korea. The main destination of Stearic Acid exports from South Korea are: China ($8.62M), Japan ($7.41M), Egypt ($2.43M), Sweden ($1.54M), and Malaysia ($1.5M).

The fastest growing export markets for Stearic Acid of South Korea between 2021 and 2022 were Japan ($3.37M), China ($2.17M), and Sweden ($1.54M).

Imports In 2022, South Korea imported $705M in Stearic Acid, becoming the 8th largest importer of Stearic Acid in the world. At the same year, Stearic Acid was the 152nd most imported product in South Korea. South Korea imports Stearic Acid primarily from: Indonesia ($356M), Malaysia ($247M), China ($21.2M), United States ($19.3M), and India ($16.5M).

The fastest growing import markets in Stearic Acid for South Korea between 2021 and 2022 were Malaysia ($61.6M), United States ($8.37M), and India ($3.58M).

Jul 2024

View

LinePlot

StackedArea

Flow

Exports

Imports

Y-AXIS SCALE

Linear

Log

Value

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Stearic Acid. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$26.2M

IMPORTS (2022)$705M

NET TRADE (2022)-$678M

In 2022, South Korea exported $26.2M in Stearic Acid. The main destinations of South Korea exports on Stearic Acid were China ($8.62M), Japan ($7.41M), Egypt ($2.43M), Sweden ($1.54M), and Malaysia ($1.5M).

In 2022, South Korea imported $705M in Stearic Acid, mainly from Indonesia ($356M), Malaysia ($247M), China ($21.2M), United States ($19.3M), and India ($16.5M).