Formic acid | Imports and Exports | 2021

In 2021, the world exports of "Formic acid" exceeded $202 million (according to external trade statistics of 60 countries). It was $119 million in the previous year (according to merchandise trade statistics of 62 countries).

There are no trade data (2021) for such exporters as Vietnam (0.395% of the world exports in 2020), Kazakhstan (0.019%), Côte d`Ivoire (0.017%), Bahrain (0.003%), Angola (0.002%), Tunisia (0.002%), Belarus (0.001%)

Top exporters of Formic acid in 2021

The world's largest exporters of this commodity group in 2021:

• China - 64% of the world exports ($131 million)
• Netherlands - 12.4% ($25 million)
• USA - 9.69% ($19.6 million)
• Belgium - 3.84% ($7.8 million)
• Denmark - 1.14% ($2.31 million)

«Formic acid» accounted for a substantial share of total exports of

• China - 0.003% of China's total exports in 2021 ($131 million of $3.36 trillion)
• Netherlands - 0.003% ($25 million of $696 billion)

According to statistics provided by the major exporters, the largest flows of exports of «Formic acid» in 2021:

• Exports from China to Bangladesh: (3.13% of the world exports, $6.36 million according to external trade statistics of China)
• Exports from China to Brazil: (3.25% of the world exports, $6.6 million according to external trade statistics of China)
• Exports from China to India: (8.28% of the world exports, $16.7 million according to external trade statistics of China)
• Exports from China to Korea: (3.9% of the world exports, $7.91 million according to external trade statistics of China)
• Exports from China to Thailand: (4.09% of the world exports, $8.31 million according to external trade statistics of China)
• Exports from China to Turkey: (7.63% of the world exports, $15.4 million according to external trade statistics of China)
• Exports from China to Vietnam: (4.19% of the world exports, $8.51 million according to external trade statistics of China)
• Exports from Netherlands to Belgium: (2.69% of the world exports, $5.47 million according to external trade statistics of Netherlands)
• Exports from Netherlands to Germany: (3.76% of the world exports, $7.63 million according to external trade statistics of Netherlands)
• Exports from USA to Brazil: (3.8% of the world exports, $7.71 million according to external trade statistics of USA)

In 2021, the world imports of "Formic acid" exceeded $353 million (according to external trade statistics of 115 countries). It was $225 million in the previous year (according to merchandise trade statistics of 133 countries).

There are no trade data (2021) for such importers as Vietnam (2.68% of the world imports in 2020), Kazakhstan (0.265%), Belarus (0.109%), Kuwait (0.04%), Uganda (0.019%), Bahrain (0.017%), Namibia (0.017%), The Bahamas (0.007%), State of Palestine (0.004%), Malawi (0.001%), Jamaica (0.001%), Lesotho (0.001%)

Top importers of Formic acid in 2021

The world's largest importers of this commodity group in 2021:

• Netherlands - 11.8% of the world imports ($41 million)
• India - 8.15% ($28 million)
• Turkey - 6.76% ($23 million)
• Italy - 6.19% ($21 million)
• Germany - 5.78% ($20 million)
• Brazil - 5.56% ($19.6 million)

«Formic acid» accounted for a substantial share of total imports of

• Argentina - 0.014% of Argentina's total imports in 2021 ($9.03 million of $63 billion)
• Iceland - 0.01% ($839 thousand of $7.83 billion)
• Turkey - 0.008% ($23 million of $271 billion)
• Brazil - 0.008% ($19.6 million of $234 billion)
• Pakistan - 0.008% ($5.85 million of $72 billion)
• Netherlands - 0.006% ($41 million of $622 billion)
• Denmark - 0.006% ($7.59 million of $121 billion)
• Thailand - 0.005% ($15.6 million of $268 billion)
• India - 0.005% ($28 million of $570 billion)
• Ecuador - 0.004% ($1.23 million of $25 billion)

According to statistics provided by the major importers, the largest flows of imports of «Formic acid» in 2021:

• Imports to Brazil from China (2.38% of the world imports, $8.42 million according to external trade statistics of Brazil)
• Imports to Brazil from USA (2.07% of the world imports, $7.32 million according to external trade statistics of Brazil)
• Imports to India from China (6.31% of the world imports, $22 million according to external trade statistics of India)
• Imports to Italy from Germany (2.97% of the world imports, $10.5 million according to external trade statistics of Italy)
• Imports to Korea from China (2.41% of the world imports, $8.51 million according to external trade statistics of Korea)
• Imports to Netherlands from Finland (4.1% of the world imports, $14.4 million according to external trade statistics of Netherlands)
• Imports to Netherlands from Germany (3.02% of the world imports, $10.6 million according to external trade statistics of Netherlands)
• Imports to Spain from Germany (2.93% of the world imports, $10.3 million according to external trade statistics of Spain)
• Imports to Thailand from China (2.95% of the world imports, $10.4 million according to external trade statistics of Thailand)
• Imports to Turkey from China (4.72% of the world imports, $16.6 million according to external trade statistics of Turkey)