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Exports In 2022, Saudi Arabia exported $68.8M in Stearic Acid, making it the 20th largest exporter of Stearic Acid in the world. At the same year, Stearic Acid was the 111th most exported product in Saudi Arabia. The main destination of Stearic Acid exports from Saudi Arabia are: United Arab Emirates ($35.7M), Kuwait ($19.4M), India ($6.26M), Qatar ($5.99M), and Oman ($434k).

The fastest growing export markets for Stearic Acid of Saudi Arabia between 2021 and 2022 were United Arab Emirates ($18.5M), Kuwait ($17.1M), and Qatar ($3.87M).

Imports In 2022, Saudi Arabia imported $66M in Stearic Acid, becoming the 35th largest importer of Stearic Acid in the world. At the same year, Stearic Acid was the 361st most imported product in Saudi Arabia. Saudi Arabia imports Stearic Acid primarily from: Malaysia ($17.7M), India ($13.8M), Netherlands ($7.87M), United States ($6.48M), and United Arab Emirates ($5.82M).

The fastest growing import markets in Stearic Acid for Saudi Arabia between 2021 and 2022 were Malaysia ($9.41M), India ($8.48M), and Netherlands ($4.39M).

Historical Data

Trade Balance

Color
EXPORTS (2022)$68.8M
IMPORTS (2022)$66M
NET TRADE (2022)$2.79M

In 2022, Saudi Arabia exported $68.8M in Stearic Acid. The main destinations of Saudi Arabia exports on Stearic Acid were United Arab Emirates ($35.7M), Kuwait ($19.4M), India ($6.26M), Qatar ($5.99M), and Oman ($434k).

In 2022, Saudi Arabia imported $66M in Stearic Acid, mainly from Malaysia ($17.7M), India ($13.8M), Netherlands ($7.87M), United States ($6.48M), and United Arab Emirates ($5.82M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stearic Acid EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Kuwait$17.1M (743%)
Qatar$3.87M (183%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stearic Acid BY Saudi Arabia WERE (2021 - 2022):
China-$3.67M (-91%)
Belgium-$1.17M (-100%)
Oman-$814k (-65.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Saudi Arabia's main exporting competitors in Stearic Acid were:
In 2022, Saudi Arabia'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
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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