World Merchandise Exports and Imports by Commodity (HS)
Publication date: 2022-11-14
Reporting period: 2002 - 2021
Timeseries: 132 million
Source:TrendEconomy
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Formic acid | Imports and Exports | 2021

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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)

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Reporter
291511. Formic acid
ExportsImports
20212021
Value (US$)
World Share ($), %
Value (US$)
World Share ($), %
China131,236,615.0064.68856,673.000.24
Netherlands25,220,161.8112.4341,876,096.3111.86
USA19,661,537.009.693,963,333.001.12
Belgium7,806,492.843.8414,130,777.294.00
Denmark2,315,050.721.147,590,081.852.14
Italy1,977,118.370.9721,867,177.016.19
France1,852,482.380.919,604,913.412.72
Turkey1,788,960.000.8823,867,642.006.76
Spain1,250,456.430.6118,884,943.415.34
Poland940,152.000.4610,127,673.002.86
Indonesia882,421.560.431,808,531.000.51
Russia732,357.140.3611,799,304.953.34
Thailand660,590.550.3215,626,422.394.42
India621,234.270.3028,795,746.308.15
Malaysia484,605.540.234,677,887.961.32
United Kingdom477,272.350.239,411,789.192.66
Croatia460,812.000.22387,762.000.10
Hungary441,144.000.21971,441.000.27
United Arab Emirates427,178.960.21482,589.570.13
Switzerland391,054.800.193,929,288.741.11
Austria316,905.800.152,534,810.000.71
Saudi Arabia303,316.250.141,122,718.100.31
Chile289,693.000.143,098,386.690.87
Japan271,387.690.136,905,070.141.95
Slovenia256,364.160.12374,946.730.10
Other Asia, nes191,248.020.094,283,543.951.21
Korea171,510.000.089,452,235.002.67
Singapore168,098.400.082,959,306.640.83
Czech Republic147,215.000.071,387,660.000.39
South Africa137,367.640.061,674,390.140.47
Israel128,000.000.06127,000.000.03
Greece117,443.740.05481,818.830.13
Lithuania116,600.000.05469,175.000.13
Ukraine112,827.270.051,197,717.590.33
Brazil79,901.000.0319,635,710.005.56
Portugal62,900.490.031,161,791.610.32
Guatemala50,890.000.021,243,770.000.35
Bulgaria46,616.370.02117,757.250.03
Colombia38,531.920.012,240,306.250.63
Pakistan31,875.680.015,857,207.321.65
Romania29,888.990.01902,914.440.25
Uruguay25,859.000.01382,515.000.10
Serbia19,560.000.001,280,604.000.36
Bolivia18,616.000.00170,110.300.04
Estonia17,924.840.00625,169.210.17
Mauritius14,710.230.0051,074.760.01
Kenya12,528.910.00209,603.490.05
Ireland10,629.280.00424,532.800.12
Uzbekistan9,601.000.00527,273.900.14
Slovak Republic9,196.980.001,107,644.570.31
New Zealand8,861.930.00585,007.770.16
Canada8,826.220.002,522,298.620.71
Latvia5,597.910.0062,920.600.01
Cyprus3,666.490.00138,071.920.03
Australia3,107.660.00925,252.160.26
Costa Rica3,016.730.0035,271.960.00
Trinidad and Tobago1,254.560.00118,820.800.03
Senegal1,228.710.00134.170.00
Swaziland47.400.003,394.470.00
Luxembourg46.600.0024,597.880.00
Zimbabwe15,698.180.00
Zambia66,760.470.01
Tunisia122,499.250.03
Tanzania60,626.000.01
Sweden2,498,202.390.70
Sri Lanka331,797.010.09
Samoa37.940.00
Rwanda5,230.410.00
Qatar49,718.200.01
Philippines1,481,539.000.41
Peru359,365.000.10
Paraguay94,730.000.02
Panama141,974.000.04
Oman76,785.430.02
North Macedonia56,233.720.01
Nigeria167,899.170.04
Nicaragua174,546.500.04
Nepal147,414.290.04
Myanmar391,414.970.11
Mozambique8,185.710.00
Morocco1,265,331.210.35
Montenegro336.250.00
Mongolia44,153.140.01
Moldova8,798.000.00
Mexico4,108,028.001.16
Malta33,239.660.00
Madagascar16,441.910.00
Lebanon22,569.000.00
Laos182,040.340.05
Kyrgyz Republic53,907.000.01
Jordan8,957.740.00
Iceland839,549.760.23
Hong Kong5,351.680.00
Honduras13,505.270.00
Germany20,433,132.275.78
Georgia1,818.530.00
Finland483,725.410.13
Fiji9,699.440.00
Ethiopia333,621.240.09
El Salvador62,817.390.01
Egypt866,478.300.24
Ecuador1,230,445.160.34
Dominican Republic177,784.200.05
Congo21,995.540.00
Cambodia132,592.930.03
Burundi66.840.00
Burkina Faso4,569.370.00
Botswana821.680.00
Bosnia and Herzegovina200,872.990.05
Bermuda972.550.00
Belize1,061.750.00
Barbados99.500.00
Azerbaijan114,483.010.03
Armenia23,356.180.00
Argentina9,034,227.532.55