World Merchandise Exports and Imports by Commodity (HS)
Publication date: 2024-11-07
Reporting period: 2002 - 2023
Timeseries: 132 million
Source:TrendEconomy
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Palmitic acid, stearic acid, their salts & esters | Imports and Exports | 2023

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Palmitic acid, stearic acid, their salts & esters | Imports and Exports | 2023

In 2023, the world exports of "Palmitic acid, stearic acid, their salts & esters" exceeded $1.11 billion (according to external trade statistics of 79 countries). It was $1.4 billion in the previous year (according to merchandise trade statistics of 82 countries).

There are no trade data (2023) for such exporters as Korea (0.98% of the world exports in 2022), Vietnam (0.231%), Sri Lanka (0.001%)

Top exporters of Palmitic acid, stearic acid, their salts & esters in 2023

The world's largest exporters of this commodity group in 2023:

  • Indonesia - 22% of the world exports ($253 million)
  • Malaysia - 20% ($234 million)
  • India - 11.5% ($128 million)
  • Italy - 6.7% ($74 million)
  • USA - 6.38% ($71 million)

«Palmitic acid, stearic acid, their salts & esters» accounted for a substantial share of total exports of

  • Djibouti - 0.252% of Djibouti's total exports in 2023 ($12 million of $4.78 billion)
  • Indonesia - 0.097% ($253 million of $258 billion)
  • Malaysia - 0.074% ($234 million of $312 billion)

According to statistics provided by the major exporters, the largest flows of exports of «Palmitic acid, stearic acid, their salts & esters» in 2023:

  • Exports from India to USA: (1.81% of the world exports, $20 million according to external trade statistics of India)
  • Exports from Indonesia to China: (2.63% of the world exports, $29 million according to external trade statistics of Indonesia)
  • Exports from Indonesia to Japan: (1.38% of the world exports, $15.5 million according to external trade statistics of Indonesia)
  • Exports from Indonesia to Malaysia: (2.7% of the world exports, $30 million according to external trade statistics of Indonesia)
  • Exports from Indonesia to USA: (10.9% of the world exports, $122 million according to external trade statistics of Indonesia)
  • Exports from Malaysia to Japan: (1.89% of the world exports, $21 million according to external trade statistics of Malaysia)
  • Exports from Malaysia to Netherlands: (2.04% of the world exports, $22 million according to external trade statistics of Malaysia)
  • Exports from Malaysia to USA: (1.64% of the world exports, $18.4 million according to external trade statistics of Malaysia)
  • Exports from Singapore to USA: (1.61% of the world exports, $18 million according to external trade statistics of Singapore)
  • Exports from USA to Canada: (2.49% of the world exports, $27 million according to external trade statistics of USA)

In 2023, the world imports of "Palmitic acid, stearic acid, their salts & esters" exceeded $1.07 billion (according to external trade statistics of 119 countries). It was $1.39 billion in the previous year (according to merchandise trade statistics of 126 countries).

There are no trade data (2023) for such importers as Korea (2.12% of the world imports in 2022), Vietnam (1.04%), Angola (0.126%), Nepal (0.078%), State of Palestine (0.042%), Trinidad and Tobago (0.037%), Rwanda (0.028%), Mongolia (0.014%), Cambodia (0.01%), Suriname (0.001%)

Top importers of Palmitic acid, stearic acid, their salts & esters in 2023

The world's largest importers of this commodity group in 2023:

  • USA - 10% of the world imports ($108 million)
  • China - 5.65% ($60 million)
  • Germany - 5.41% ($58 million)
  • Saudi Arabia - 5.3% ($56 million)
  • Japan - 4.54% ($48 million)
  • India - 4.45% ($47 million)

«Palmitic acid, stearic acid, their salts & esters» accounted for a substantial share of total imports of

  • Djibouti - 0.205% of Djibouti's total imports in 2023 ($10.8 million of $5.29 billion)
  • Ethiopia - 0.14% ($24 million of $17 billion)
  • Côte d`Ivoire - 0.084% ($16 million of $18.8 billion)
  • Mauritius - 0.06% ($3.8 million of $6.28 billion)
  • Sri Lanka - 0.05% ($8.29 million of $16.3 billion)
  • Senegal - 0.046% ($5.58 million of $11.8 billion)
  • Nigeria - 0.038% ($25 million of $65 billion)
  • Togo - 0.037% ($1.15 million of $3.04 billion)

According to statistics provided by the major importers, the largest flows of imports of «Palmitic acid, stearic acid, their salts & esters» in 2023:

  • Imports to Canada from USA (2.11% of the world imports, $22 million according to external trade statistics of Canada)
  • Imports to China from Indonesia (2.79% of the world imports, $30 million according to external trade statistics of China)
  • Imports to Japan from Malaysia (2.07% of the world imports, $22 million according to external trade statistics of Japan)
  • Imports to Malaysia from Indonesia (2.96% of the world imports, $31 million according to external trade statistics of Malaysia)
  • Imports to Netherlands from Malaysia (1.4% of the world imports, $15 million according to external trade statistics of Netherlands)
  • Imports to Saudi Arabia from Indonesia (1.45% of the world imports, $15.6 million according to external trade statistics of Saudi Arabia)
  • Imports to South Africa from Indonesia (1.66% of the world imports, $17.8 million according to external trade statistics of South Africa)
  • Imports to USA from Indonesia (3% of the world imports, $32 million according to external trade statistics of USA)
  • Imports to USA from Malaysia (2.02% of the world imports, $21 million according to external trade statistics of USA)
  • Imports to USA from Singapore (1.43% of the world imports, $15.4 million according to external trade statistics of USA)

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291570. Palmitic acid, stearic acid, their salts & esters
ExportsImports
20232023
Value (US$)
World Share ($), %
Value (US$)
World Share ($), %
Indonesia253,414,878.7622.6523,563,643.002.19
Malaysia234,396,555.1920.9541,628,618.783.87
India128,816,936.2411.5147,791,843.274.45
Italy74,969,884.116.7029,016,909.542.70
USA71,400,879.006.38108,231,052.0010.08
Singapore66,092,659.125.908,695,076.530.80
Germany43,110,171.223.8558,145,563.885.41
Spain36,380,357.273.2535,651,263.793.32
Belgium27,374,487.672.4414,018,171.511.30
China27,333,120.002.4460,724,076.005.65
Netherlands26,017,386.052.3234,009,323.553.16
France21,877,051.721.9542,004,664.893.91
Turkey19,652,285.001.7512,132,310.001.12
Djibouti12,095,088.351.0810,873,197.291.01
Japan10,291,038.020.9248,770,560.664.54
United Kingdom9,933,104.380.8816,332,653.141.52
Sweden8,596,947.160.7613,485,562.541.25
Canada7,921,664.940.7043,892,553.904.08
Colombia4,681,075.490.416,217,152.770.57
Poland3,920,679.000.3521,122,788.001.96
Peru3,095,134.170.272,360,227.270.21
Hong Kong2,706,808.890.243,227,697.880.30
Austria2,467,422.550.2210,996,749.471.02
Switzerland2,447,828.800.214,296,962.990.40
Brazil2,370,922.000.2120,542,714.001.91
Thailand2,057,109.750.1821,058,060.201.96
Mexico1,944,509.000.1715,498,917.001.44
Kenya1,464,166.400.131,460,654.840.13
United Arab Emirates1,358,963.110.1218,039,388.991.68
Lithuania1,288,068.000.111,660,782.000.15
Portugal1,152,233.360.104,211,154.180.39
South Africa1,072,897.070.0934,740,232.913.23
Czech Republic1,017,636.000.0912,542,683.001.16
Denmark719,806.220.066,032,951.440.56
Argentina663,229.750.055,313,097.330.49
Finland648,189.180.055,980,196.140.55
Slovenia607,058.460.052,335,130.220.21
Philippines522,466.000.042,888,944.000.26
Croatia297,636.000.022,559,045.000.23
Guatemala292,339.000.021,033,360.000.09
Ireland249,082.120.022,405,458.290.22
Estonia216,094.440.01285,920.360.02
Bulgaria212,331.160.011,389,320.780.12
Saudi Arabia210,461.860.0156,978,265.775.30
Australia184,771.220.016,638,775.330.61
Hungary169,374.000.013,262,066.000.30
Greece156,347.110.013,371,261.480.31
Tunisia67,764.020.001,419,015.550.13
Guyana61,419.110.00
El Salvador60,392.000.00322,703.590.03
Jordan59,585.950.001,587,177.440.14
Uruguay54,508.000.00574,283.030.05
Luxembourg51,348.100.00471,916.420.04
Serbia50,715.000.00604,608.000.05
Romania45,691.230.005,161,433.840.48
New Zealand29,761.690.002,062,341.880.19
Togo24,953.260.001,154,423.830.10
Ukraine23,694.050.002,842,857.240.26
Costa Rica21,831.910.00374,090.220.03
Latvia19,612.050.00236,442.090.02
Georgia14,134.000.00103,413.770.00
Israel14,000.000.007,151,536.000.66
Kazakhstan13,375.140.001,729,797.360.16
Bahrain10,562.270.001,600,330.980.14
Lebanon9,348.000.00563,720.000.05
Slovak Republic8,875.050.001,374,494.610.12
Armenia7,658.100.0031,086.810.00
Oman7,511.050.00155,107.930.01
Chile5,417.830.002,506,106.750.23
Morocco3,334.080.001,292,711.960.12
Dominican Republic2,999.320.002,034,132.280.18
Tanzania2,211.810.001,632,946.150.15
Norway1,015.910.00610,473.590.05
Kuwait970.100.00300,468.240.02
Bosnia and Herzegovina852.850.00704,055.420.06
North Macedonia132.910.00127,630.000.01
Pakistan41.080.006,085,183.950.56
Brunei2.020.00229.320.00
Ecuador2.000.002,731,666.500.25
Zimbabwe848,363.450.07
Zambia318,565.840.02
Uzbekistan1,141,957.930.10
The Bahamas169,806.000.01
Swaziland1,150.920.00
Sri Lanka8,291,050.060.77
Senegal5,582,273.710.51
Qatar311,042.810.02
Paraguay321,666.080.02
Panama441,888.000.04
Nigeria25,133,683.432.34
Nicaragua49,259.190.00
Namibia4,284.610.00
Myanmar74,290.940.00
Mozambique21,000.000.00
Montenegro2,256.290.00
Moldova21,572.000.00
Mauritius3,807,551.560.35
Mauritania207.570.00
Malta14,239.220.00
Malawi103,657.490.00
Madagascar22,981.810.00
Kyrgyz Republic10,760.000.00
Jamaica47,889.930.00
Iceland46,177.270.00
Ghana499,421.090.04
Gabon25,097.550.00
Fiji6,560.080.00
Ethiopia24,030,079.292.23
Egypt9,265,993.590.86
Dominica589.990.00
Cyprus37,234.560.00
Côte d`Ivoire16,013,320.411.49
Cabo Verde6,300.950.00
Botswana5,453.900.00
Bolivia1,845,947.000.17
Benin307.650.00
Belize2,596.190.00
Barbados2,701.500.00
Azerbaijan216,281.540.02
Aruba7,213.960.00