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Exports In 2022, United States exported $642M in Stearic Acid, making it the 5th largest exporter of Stearic Acid in the world. At the same year, Stearic Acid was the 330th most exported product in United States. The main destination of Stearic Acid exports from United States are: Mexico ($138M), Netherlands ($135M), Canada ($80M), Japan ($74.9M), and Singapore ($46.9M).

The fastest growing export markets for Stearic Acid of United States between 2021 and 2022 were Mexico ($21.4M), Japan ($19.8M), and Canada ($15.4M).

Imports In 2022, United States imported $1.13B in Stearic Acid, becoming the 3rd largest importer of Stearic Acid in the world. At the same year, Stearic Acid was the 372nd most imported product in United States. United States imports Stearic Acid primarily from: Indonesia ($525M), Malaysia ($187M), India ($94.9M), Netherlands ($87.3M), and South Africa ($71.7M).

The fastest growing import markets in Stearic Acid for United States between 2021 and 2022 were Indonesia ($150M), India ($31.5M), and Philippines ($16.2M).

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$642M
IMPORTS (2022)$1.13B
NET TRADE (2022)-$493M

In 2022, United States exported $642M in Stearic Acid. The main destinations of United States exports on Stearic Acid were Mexico ($138M), Netherlands ($135M), Canada ($80M), Japan ($74.9M), and Singapore ($46.9M).

In 2022, United States imported $1.13B in Stearic Acid, mainly from Indonesia ($525M), Malaysia ($187M), India ($94.9M), Netherlands ($87.3M), and South Africa ($71.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stearic Acid EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$21.4M (18.3%)
Japan$19.8M (35.9%)
Canada$15.4M (23.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stearic Acid BY United States WERE (2021 - 2022):
Saudi Arabia-$7.85M (-54.8%)
Sweden-$3.9M (-56.4%)
China-$3.75M (-43%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, United States's main exporting competitors in Stearic Acid were:
In 2022, United States'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.

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