2022
Exports
$166MWorld Rnk 13 / 143
Flag Rnk 93 / 1213
falsefalse United States
2022
Imports
$80.2MWorld Rnk 33 / 198
Flag Rnk 230 / 1213
2022
ECONOMIC COMPLEXITY of South Africa
0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $166M in Stearic Acid, making it the 13th largest exporter of Stearic Acid in the world. At the same year, Stearic Acid was the 93rd most exported product in South Africa. The main destination of Stearic Acid exports from South Africa are: United States ($71.7M), China ($31.8M), Singapore ($16.8M), Belgium ($15.4M), and Japan ($15M).

The fastest growing export markets for Stearic Acid of South Africa between 2021 and 2022 were United States ($6.94M), Belgium ($3.46M), and China ($1.9M).

Imports In 2022, South Africa imported $80.2M in Stearic Acid, becoming the 33rd largest importer of Stearic Acid in the world. At the same year, Stearic Acid was the 230th most imported product in South Africa. South Africa imports Stearic Acid primarily from: Indonesia ($22.8M), Malaysia ($22.1M), Netherlands ($11M), India ($9.42M), and Iraq ($2.39M).

Historical Data

Trade Balance

Color
EXPORTS (2022)$166M
IMPORTS (2022)$80.2M
NET TRADE (2022)$85.8M

In 2022, South Africa exported $166M in Stearic Acid. The main destinations of South Africa exports on Stearic Acid were United States ($71.7M), China ($31.8M), Singapore ($16.8M), Belgium ($15.4M), and Japan ($15M).

In 2022, South Africa imported $80.2M in Stearic Acid, mainly from Indonesia ($22.8M), Malaysia ($22.1M), Netherlands ($11M), India ($9.42M), and Iraq ($2.39M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stearic Acid EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
United States$6.94M (10.7%)
Belgium$3.46M (28.9%)
China$1.9M (6.36%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stearic Acid BY South Africa WERE (2021 - 2022):
Japan-$5.29M (-26.1%)
Malawi-$988k (-35.6%)
Singapore-$691k (-3.96%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Stearic Acid by Exporters

Potential Exports

Potential Exports

Flow
View
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.

See methodology.

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