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Exports In 2022, Malaysia exported $3.58B in Stearic Acid, making it the 2nd largest exporter of Stearic Acid in the world. At the same year, Stearic Acid was the 17th most exported product in Malaysia. The main destination of Stearic Acid exports from Malaysia are: China ($605M), Netherlands ($487M), India ($305M), Singapore ($300M), and South Korea ($247M).

The fastest growing export markets for Stearic Acid of Malaysia between 2021 and 2022 were Netherlands ($146M), China ($128M), and South Korea ($61.6M).

Imports In 2022, Malaysia imported $970M in Stearic Acid, becoming the 5th largest importer of Stearic Acid in the world. At the same year, Stearic Acid was the 52nd most imported product in Malaysia. Malaysia imports Stearic Acid primarily from: Indonesia ($849M), India ($43.1M), Thailand ($18.9M), Singapore ($10M), and China ($8M).

The fastest growing import markets in Stearic Acid for Malaysia between 2021 and 2022 were Indonesia ($251M), India ($37.1M), and China ($5.38M).

Historical Data

Trade Balance

Color
EXPORTS (2022)$3.58B
IMPORTS (2022)$970M
NET TRADE (2022)$2.61B

In 2022, Malaysia exported $3.58B in Stearic Acid. The main destinations of Malaysia exports on Stearic Acid were China ($605M), Netherlands ($487M), India ($305M), Singapore ($300M), and South Korea ($247M).

In 2022, Malaysia imported $970M in Stearic Acid, mainly from Indonesia ($849M), India ($43.1M), Thailand ($18.9M), Singapore ($10M), and China ($8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stearic Acid EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Netherlands$146M (42.9%)
China$128M (26.9%)
South Korea$61.6M (33.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stearic Acid BY Malaysia WERE (2021 - 2022):
United States-$23.1M (-11%)
Mozambique-$7M (-33.9%)
Uganda-$6.52M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Malaysia's main exporting competitors in Stearic Acid were:
In 2022, Malaysia'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.

See methodology.

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