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Exports In 2022, Sri Lanka exported $2.94M in Stearic Acid, making it the 68th largest exporter of Stearic Acid in the world. At the same year, Stearic Acid was the 255th most exported product in Sri Lanka. The main destination of Stearic Acid exports from Sri Lanka are: India ($2.37M), Pakistan ($391k), Nepal ($177k), Maldives ($265), and France ($50).

The fastest growing export markets for Stearic Acid of Sri Lanka between 2021 and 2022 were Maldives ($265) and France ($50).

Imports In 2022, Sri Lanka imported $33.3M in Stearic Acid, becoming the 48th largest importer of Stearic Acid in the world. At the same year, Stearic Acid was the 107th most imported product in Sri Lanka. Sri Lanka imports Stearic Acid primarily from: Malaysia ($13.1M), Indonesia ($11.9M), India ($7.87M), Germany ($185k), and China ($119k).

The fastest growing import markets in Stearic Acid for Sri Lanka between 2021 and 2022 were Malaysia ($3M), Indonesia ($1.83M), and Germany ($90.2k).

Historical Data

Trade Balance

Color
EXPORTS (2022)$2.94M
IMPORTS (2022)$33.3M
NET TRADE (2022)-$30.4M

In 2022, Sri Lanka exported $2.94M in Stearic Acid. The main destinations of Sri Lanka exports on Stearic Acid were India ($2.37M), Pakistan ($391k), Nepal ($177k), Maldives ($265), and France ($50).

In 2022, Sri Lanka imported $33.3M in Stearic Acid, mainly from Malaysia ($13.1M), Indonesia ($11.9M), India ($7.87M), Germany ($185k), and China ($119k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stearic Acid EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Maldives$265 (1%)
France$50 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stearic Acid BY Sri Lanka WERE (2021 - 2022):
India-$1.03M (-30.4%)
Nepal-$540k (-75.4%)
Pakistan-$86.7k (-18.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Stearic Acid were:
In 2022, Sri Lanka's main importing competitors in Stearic Acid were:

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Trade Value of Stearic Acid by Exporters

Potential Exports

Potential Exports

Flow
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N/A
N/AN/A
N/AN/A

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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