World Merchandise Exports and Imports by Commodity (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2022
Timeseries: 132 million
Source:TrendEconomy
Time period
Commodity
Indicator
Partner
Reporter
Trade flow
Formic acid | Imports and Exports | 2022
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In 2022, the world exports of "Formic acid" exceeded $253 million (according to external trade statistics of 59 countries). It was $202 million in the previous year (according to merchandise trade statistics of 60 countries).
There are no trade data (2022) for such exporters as Indonesia (0.436% of the world exports in 2021), Russia (0.361%), United Kingdom (0.235%), Saudi Arabia (0.149%), Bolivia (0.009%), Uzbekistan (0.004%), Slovak Republic (0.004%), Cyprus (0.001%)
Top exporters of Formic acid in 2022
The world's largest exporters of this commodity group in 2022:
- China - 70% of the world exports ($179 million)
- USA - 9.37% ($23 million)
- Netherlands - 7.63% ($19.3 million)
- Belgium - 4.13% ($10.4 million)
- Denmark - 0.977% ($2.47 million)
«Formic acid» accounted for a substantial share of total exports of
- China - 0.004% of China's total exports in 2022 ($179 million of $3.59 trillion)
According to statistics provided by the major exporters, the largest flows of exports of «Formic acid» in 2022:
- Exports from China to Bangladesh: (3.03% of the world exports, $7.69 million according to external trade statistics of China)
- Exports from China to Brazil: (4.87% of the world exports, $12.3 million according to external trade statistics of China)
- Exports from China to India: (5.05% of the world exports, $12.8 million according to external trade statistics of China)
- Exports from China to Italy: (2.74% of the world exports, $6.94 million according to external trade statistics of China)
- Exports from China to Japan: (4.23% of the world exports, $10.7 million according to external trade statistics of China)
- Exports from China to Netherlands: (3.78% of the world exports, $9.59 million according to external trade statistics of China)
- Exports from China to Russia: (3.94% of the world exports, $9.99 million according to external trade statistics of China)
- Exports from China to Turkey: (4.95% of the world exports, $12.5 million according to external trade statistics of China)
- Exports from China to Vietnam: (5.16% of the world exports, $13.1 million according to external trade statistics of China)
- Exports from USA to Brazil: (3.36% of the world exports, $8.53 million according to external trade statistics of USA)
In 2022, the world imports of "Formic acid" exceeded $461 million (according to external trade statistics of 117 countries). It was $338 million in the previous year (according to merchandise trade statistics of 119 countries).
There are no trade data (2022) for such importers as Russia (3.48% of the world imports in 2021), Saudi Arabia (0.331%), Laos (0.053%), Trinidad and Tobago (0.035%), Qatar (0.014%), State of Palestine (0.007%), Congo (0.006%), Honduras (0.003%), Fiji (0.002%), Mozambique (0.002%), Swaziland (0.001%)
Top importers of Formic acid in 2022
The world's largest importers of this commodity group in 2022:
- Netherlands - 12.2% of the world imports ($56 million)
- Brazil - 7.56% ($34 million)
- Italy - 7.04% ($32 million)
- Turkey - 6.81% ($31 million)
- Belgium - 5.55% ($25 million)
«Formic acid» accounted for a substantial share of total imports of
- Iceland - 0.023% of Iceland's total imports in 2022 ($2.22 million of $9.64 billion)
- Argentina - 0.016% ($13.6 million of $81 billion)
- Brazil - 0.011% ($34 million of $292 billion)
- Turkey - 0.008% ($31 million of $363 billion)
- Denmark - 0.008% ($10.2 million of $127 billion)
- Netherlands - 0.007% ($56 million of $710 billion)
- Pakistan - 0.007% ($5.19 million of $70 billion)
- Ecuador - 0.006% ($2.27 million of $33 billion)
- Guatemala - 0.006% ($1.97 million of $32 billion)
- Myanmar - 0.005% ($1.01 million of $17.4 billion)
According to statistics provided by the major importers, the largest flows of imports of «Formic acid» in 2022:
- Imports to Belgium from Germany (2.45% of the world imports, $11.3 million according to external trade statistics of Belgium)
- Imports to Brazil from China (4.45% of the world imports, $20 million according to external trade statistics of Brazil)
- Imports to India from China (3.47% of the world imports, $16 million according to external trade statistics of India)
- Imports to Italy from Germany (2.95% of the world imports, $13.6 million according to external trade statistics of Italy)
- Imports to Japan from China (2.81% of the world imports, $12.9 million according to external trade statistics of Japan)
- Imports to Netherlands from China (2.59% of the world imports, $11.9 million according to external trade statistics of Netherlands)
- Imports to Netherlands from Finland (2.74% of the world imports, $12.6 million according to external trade statistics of Netherlands)
- Imports to Netherlands from Germany (3.81% of the world imports, $17.6 million according to external trade statistics of Netherlands)
- Imports to Turkey from China (5.1% of the world imports, $23 million according to external trade statistics of Turkey)
- Imports to Vietnam from China (3.36% of the world imports, $15.5 million according to external trade statistics of Vietnam)
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| Reporter | 291511. Formic acid | |||
| Exports | Imports | |||
| 2022 | 2022 | |||
| Value (US$) | World Share ($), % | Value (US$) | World Share ($), % | |
| China | 179,610,955.00 | 70.85 | 1,218,782.00 | 0.26 |
| USA | 23,761,684.00 | 9.37 | 4,985,172.00 | 1.08 |
| Netherlands | 19,350,692.10 | 7.63 | 56,429,619.00 | 12.23 |
| Belgium | 10,471,418.89 | 4.13 | 25,621,553.70 | 5.55 |
| Denmark | 2,477,871.53 | 0.97 | 10,202,487.39 | 2.21 |
| France | 2,158,242.12 | 0.85 | 12,159,021.79 | 2.63 |
| Turkey | 2,090,582.00 | 0.82 | 31,410,653.00 | 6.81 |
| Italy | 1,886,696.68 | 0.74 | 32,466,961.42 | 7.04 |
| Spain | 1,682,085.03 | 0.66 | 19,633,273.38 | 4.25 |
| Poland | 1,244,129.00 | 0.49 | 12,268,792.00 | 2.66 |
| Thailand | 1,049,556.06 | 0.41 | 9,297,219.52 | 2.01 |
| Vietnam | 927,315.29 | 0.36 | 16,651,418.77 | 3.61 |
| United Arab Emirates | 740,697.80 | 0.29 | 2,661,185.69 | 0.57 |
| India | 598,970.97 | 0.23 | 22,801,467.82 | 4.94 |
| Switzerland | 550,806.27 | 0.21 | 5,283,312.52 | 1.14 |
| Japan | 470,630.21 | 0.18 | 13,183,151.72 | 2.85 |
| Pakistan | 434,363.37 | 0.17 | 5,199,288.93 | 1.12 |
| Malaysia | 415,841.57 | 0.16 | 6,276,521.65 | 1.36 |
| Hungary | 406,081.00 | 0.16 | 1,196,346.00 | 0.25 |
| Kazakhstan | 366,139.17 | 0.14 | 516,051.02 | 0.11 |
| Czech Republic | 323,866.00 | 0.12 | 2,430,412.00 | 0.52 |
| Austria | 283,142.66 | 0.11 | 2,685,017.06 | 0.58 |
| Lithuania | 270,735.00 | 0.10 | 623,046.00 | 0.13 |
| Slovenia | 262,239.98 | 0.10 | 296,780.68 | 0.06 |
| South Africa | 200,290.67 | 0.07 | 3,188,496.06 | 0.69 |
| Portugal | 174,002.59 | 0.06 | 1,704,816.23 | 0.36 |
| Canada | 165,926.93 | 0.06 | 4,726,166.80 | 1.02 |
| Israel | 141,000.00 | 0.05 | 232,000.00 | 0.05 |
| Colombia | 113,516.00 | 0.04 | 4,214,485.96 | 0.91 |
| Côte d`Ivoire | 103,833.27 | 0.04 | 218,129.65 | 0.04 |
| Croatia | 98,468.00 | 0.03 | 701,579.00 | 0.15 |
| Korea | 79,976.00 | 0.03 | 8,120,215.00 | 1.76 |
| Singapore | 73,024.17 | 0.02 | 2,834,955.02 | 0.61 |
| Chile | 66,493.94 | 0.02 | 4,889,976.51 | 1.06 |
| Greece | 63,710.49 | 0.02 | 480,007.99 | 0.10 |
| Bulgaria | 62,560.28 | 0.02 | 196,851.13 | 0.04 |
| Guatemala | 58,991.00 | 0.02 | 1,975,926.00 | 0.42 |
| Brazil | 56,410.00 | 0.02 | 34,870,141.00 | 7.56 |
| Ukraine | 33,793.25 | 0.01 | 725,829.59 | 0.15 |
| Kenya | 24,228.64 | 0.00 | 298,553.93 | 0.06 |
| Australia | 22,762.57 | 0.00 | 1,315,851.05 | 0.28 |
| Romania | 18,796.22 | 0.00 | 1,630,394.87 | 0.35 |
| Burkina Faso | 17,887.78 | 0.00 | 2,141.88 | 0.00 |
| Serbia | 17,158.00 | 0.00 | 1,380,720.00 | 0.29 |
| Bahrain | 15,302.07 | 0.00 | 35,216.08 | 0.00 |
| Ireland | 12,761.89 | 0.00 | 583,617.43 | 0.12 |
| Estonia | 9,594.57 | 0.00 | 669,218.96 | 0.14 |
| Georgia | 8,318.54 | 0.00 | 25,988.08 | 0.00 |
| Costa Rica | 4,891.66 | 0.00 | 99,166.85 | 0.02 |
| New Zealand | 3,806.78 | 0.00 | 849,232.90 | 0.18 |
| Uruguay | 3,739.00 | 0.00 | 698,262.71 | 0.15 |
| Oman | 3,243.17 | 0.00 | 431,050.71 | 0.09 |
| Mauritius | 2,233.96 | 0.00 | 62,078.93 | 0.01 |
| Armenia | 1,244.75 | 0.00 | 30,888.50 | 0.00 |
| Latvia | 626.56 | 0.00 | 168,480.40 | 0.03 |
| Morocco | 307.26 | 0.00 | 1,967,276.07 | 0.42 |
| North Macedonia | 120.80 | 0.00 | 77,157.70 | 0.01 |
| Namibia | 53.13 | 0.00 | 153,848.83 | 0.03 |
| Luxembourg | 17.84 | 0.00 | 30,960.98 | 0.00 |
| Zimbabwe | 35,764.44 | 0.00 | ||
| Zambia | 253.90 | 0.00 | ||
| Uzbekistan | 1,059,314.00 | 0.22 | ||
| United Kingdom | 11,439,368.10 | 2.48 | ||
| Tunisia | 382,648.54 | 0.08 | ||
| The Bahamas | 46,458.00 | 0.01 | ||
| Tanzania | 188,272.28 | 0.04 | ||
| Sweden | 3,331,635.53 | 0.72 | ||
| Sri Lanka | 587,641.19 | 0.12 | ||
| Slovak Republic | 1,508,907.06 | 0.32 | ||
| Rwanda | 6,392.81 | 0.00 | ||
| Philippines | 4,004,174.00 | 0.86 | ||
| Peru | 261,066.54 | 0.05 | ||
| Paraguay | 293,360.06 | 0.06 | ||
| Panama | 90,132.00 | 0.01 | ||
| Nigeria | 890,451.92 | 0.19 | ||
| Nicaragua | 216,021.40 | 0.04 | ||
| Nepal | 95,772.23 | 0.02 | ||
| Myanmar | 1,018,911.96 | 0.22 | ||
| Montenegro | 3,159.01 | 0.00 | ||
| Mongolia | 123,776.41 | 0.02 | ||
| Moldova | 29,173.00 | 0.00 | ||
| Mexico | 6,113,680.00 | 1.32 | ||
| Malta | 12,617.62 | 0.00 | ||
| Maldives | 85.58 | 0.00 | ||
| Malawi | 4,409.81 | 0.00 | ||
| Madagascar | 50,315.65 | 0.01 | ||
| Lesotho | 521.46 | 0.00 | ||
| Lebanon | 169,215.00 | 0.03 | ||
| Kyrgyz Republic | 36,162.00 | 0.00 | ||
| Kuwait | 60,350.00 | 0.01 | ||
| Jordan | 44,805.12 | 0.00 | ||
| Jamaica | 10,812.50 | 0.00 | ||
| Indonesia | 4,661,579.00 | 1.01 | ||
| Iceland | 2,221,854.56 | 0.48 | ||
| Hong Kong | 23,424.36 | 0.00 | ||
| Germany | 25,277,054.97 | 5.48 | ||
| French Polynesia | 814.20 | 0.00 | ||
| Finland | 639,391.12 | 0.13 | ||
| Ethiopia | 173,132.59 | 0.03 | ||
| El Salvador | 109,667.08 | 0.02 | ||
| Egypt | 2,441,772.59 | 0.52 | ||
| Ecuador | 2,276,123.79 | 0.49 | ||
| Dominican Republic | 494,996.66 | 0.10 | ||
| Cyprus | 219,066.76 | 0.04 | ||
| Cambodia | 568,137.09 | 0.12 | ||
| Burundi | 855.67 | 0.00 | ||
| Brunei | 112,895.52 | 0.02 | ||
| Botswana | 4,485.12 | 0.00 | ||
| Bosnia and Herzegovina | 240,587.83 | 0.05 | ||
| Bolivia | 391,506.00 | 0.08 | ||
| Bermuda | 1,565.36 | 0.00 | ||
| Belize | 192.80 | 0.00 | ||
| Azerbaijan | 251,411.39 | 0.05 | ||
| Aruba | 632.96 | 0.00 | ||
| Argentina | 13,612,363.17 | 2.95 | ||
| Angola | 138,296.43 | 0.02 | ||
| Andorra | 12.09 | 0.00 | ||