Palmitic and stearic acids imports in the United States: data, top suppliers and prices
The United States imported $126.8 million of palmitic and stearic acids in 2024 (57.2 thousand tonnes). That makes it the largest importer of this product worldwide, out of 167 countries. That is 21% more than in 2023. Across 2017-2024 the long-run trend was broadly stable. The peak in this period was 2022, at $197.9 million.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Imports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $126.8M | 57.2K t |
| 2023 | $105.0M | 51.9K t |
| 2022 | $197.9M | 66.1K t |
| 2021 | $151.0M | 78.9K t |
| 2020 | $140.6M | 71.2K t |
| 2019 | $99.9M | 49.1K t |
| 2018 | $101.2M | 64.9K t |
| 2017 | $127.4M | 71.2K t |
Where the United States imports palmitic and stearic acids from
Most of the value came from Malaysia (24%), Indonesia (23%), India (16%). Among the main suppliers, Hungary grew fastest (+283% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| Malaysia | $30.7M | 24% |
| Indonesia | $29.0M | 23% |
| India | $20.4M | 16% |
| Singapore | $16.5M | 13% |
| Canada | $6.6M | 5.2% |
| Italy | $4.8M | 3.8% |
| Japan | $2.5M | 2% |
| Hungary | $2.3M | 1.8% |
| Germany | $2.3M | 1.8% |
| Mexico | $2.2M | 1.7% |
Average import price per kg
The average declared value was about $2.22 per kg, close to the world average of $1.87.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Palmitic and stearic acids exports from the United States
In 2024, the United States exported palmitic and stearic acids worth $61.5 million (11.2 thousand tonnes). That makes it the 6th largest exporter of this product worldwide, out of 105 countries. Most of it went to Canada (40%), Mexico (10%), India (9%). Among the main buyer markets, Germany grew fastest (+477% on the year before).
| Destination | Value | Share |
|---|---|---|
| Canada | $24.3M | 40% |
| Mexico | $5.9M | 9.7% |
| India | $5.7M | 9.3% |
| China | $5.7M | 9.3% |
| Belgium | $2.2M | 3.6% |
| United Kingdom | $2.1M | 3.3% |
| Argentina | $1.3M | 2.1% |
| Germany | $1.2M | 2% |
| Japan | $1.2M | 2% |
| Colombia | $1.2M | 1.9% |
Who is behind these numbers in the United States?
The shipment records behind United States palmitic and stearic acids imports (HS 2915.70): companies, dates, quantities and declared values.
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Direct customs feed: shipment-level records from the official customs source.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 2915.70: Acids: saturated acyclic monocarboxylic acids: palmitic acid, stearic acid, their salts and esters.
Common questions
What is the value of palmitic and stearic acids imported by the United States?
The United States imported palmitic and stearic acids worth $126.8 million in 2024, the latest year with complete public data, about 57.2 thousand tonnes. That ranks it 1st of 167 countries worldwide, with 10% of world imports. The value was up 21% on 2023.
Which countries supply palmitic and stearic acids to the United States?
Malaysia was the largest supplier with 24% of the value ($30.7 million), followed by Indonesia (23%) and India (16%). The top three together account for 63%, out of 33 supplier countries in total. Hungary grew fastest among the top ten, up 283% on the year.
What is the average import price of palmitic and stearic acids per kg?
The average declared import value was about $2.22 per kg in 2024, 19% above the world average of $1.87 per kg. Declared value divided by weight mixes every grade, so read it as a benchmark rather than a quote.
How have imports of palmitic and stearic acids to the United States changed since 2017?
Imports went from $127.4 million in 2017 to $126.8 million in 2024, a fall of 1%. The peak was 2022 at $197.9 million. Over 8 years the average was $131.2 million a year.
Does the United States also export palmitic and stearic acids?
Yes. The United States exported $61.5 million worth of this product in 2024, mainly to Canada, Mexico and India. On balance the United States is a net importer of this product, by about $65.3 million a year.
What is the HS code for palmitic and stearic acids?
The HS code for palmitic and stearic acids is subheading 2915.70. It sits in HS chapter 29 (organic chemicals). The full list of codes and descriptions is on the HS 2915 page.
How can I find the companies behind this trade?
The totals here are public statistics; the company-level detail sits in EximDataX, which has a direct customs feed for the United States. Tell us your product to see it live.
Same product, other countries
World palmitic and stearic acids trade: top importers and exporters
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