World Merchandise Exports and Imports by Commodity (HS02)
Publication date: 2021-11-24
Reporting period: 2002 - 2020
Timeseries: 125 million
Source:TrendEconomy
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Formic acid | Imports and Exports | 2020

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Formic acid | Imports and Exports | 2020

In 2020, the world exports of "Formic acid" exceeded $119 million (according to external trade statistics of 58 countries). It was $158 million in the previous year (according to merchandise trade statistics of 55 countries).

Top exporters of Formic acid in 2020

The world's largest exporters of this commodity group in 2020:

  • China - 53% of the world exports ($63 million)
  • Netherlands - 20% ($24 million)
  • USA - 10.7% ($12.8 million)
  • Belgium - 8.09% ($9.63 million)
  • Denmark - 1.43% ($1.7 million)

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

  • Netherlands - 0.004% of Netherlands's total exports in 2020 ($24 million of $551 billion)
  • Belgium - 0.003% ($9.63 million of $296 billion)

According to statistics provided by the major exporters, the largest flows of exports of «Formic acid» in 2020:

  • Exports from China to India: (4.88% of the world exports, $5.81 million according to external trade statistics of China)
  • Exports from China to Japan: (2.88% of the world exports, $3.43 million according to external trade statistics of China)
  • Exports from China to Netherlands: (3.42% of the world exports, $4.07 million according to external trade statistics of China)
  • Exports from China to Norway: (3.34% of the world exports, $3.98 million according to external trade statistics of China)
  • Exports from China to Turkey: (3.67% of the world exports, $4.37 million according to external trade statistics of China)
  • Exports from China to Vietnam: (2.75% of the world exports, $3.27 million according to external trade statistics of China)
  • Exports from Netherlands to Belgium: (4.65% of the world exports, $5.54 million according to external trade statistics of Netherlands)
  • Exports from Netherlands to France: (3.01% of the world exports, $3.58 million according to external trade statistics of Netherlands)
  • Exports from Netherlands to Germany: (6.6% of the world exports, $7.86 million according to external trade statistics of Netherlands)
  • Exports from USA to Brazil: (2.77% of the world exports, $3.3 million according to external trade statistics of USA)

In 2020, the world imports of "Formic acid" exceeded $224 million (according to external trade statistics of 113 countries). It was $274 million in the previous year (according to merchandise trade statistics of 115 countries).

There are no trade data (2020) for such importers as Tunisia (0.073% of the world imports in 2019), Mongolia (0.028%), Côte d`Ivoire (0.014%), Ghana (0.013%), Laos (0.01%), State of Palestine (0.01%), Rwanda (0.007%), Jamaica (0.003%), Fiji (0.001%)

Top importers of Formic acid in 2020

The world's largest importers of this commodity group in 2020:

  • Netherlands - 13.1% of the world imports ($29 million)
  • Germany - 7.43% ($16.6 million)
  • Italy - 5.97% ($13.3 million)
  • Belgium - 5.65% ($12.6 million)
  • India - 5.44% ($12.1 million)
  • Spain - 5.36% ($12 million)

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

  • Congo - 0.015% of Congo's total imports in 2020 ($294 thousand of $1.9 billion)
  • Pakistan - 0.01% ($4.79 million of $45 billion)
  • Iceland - 0.008% ($510 thousand of $5.69 billion)
  • Argentina - 0.008% ($3.67 million of $42 billion)
  • Netherlands - 0.006% ($29 million of $484 billion)
  • Denmark - 0.005% ($5.31 million of $96 billion)
  • Brazil - 0.005% ($9 million of $166 billion)
  • Turkey - 0.004% ($10.6 million of $219 billion)
  • Belgium - 0.004% ($12.6 million of $294 billion)

According to statistics provided by the major importers, the largest flows of imports of «Formic acid» in 2020:

  • Imports to Belgium from Germany (2.44% of the world imports, $5.49 million according to external trade statistics of Belgium)
  • Imports to Germany from Netherlands (2.23% of the world imports, $5 million according to external trade statistics of Germany)
  • Imports to India from China (3.11% of the world imports, $6.98 million according to external trade statistics of India)
  • Imports to Italy from Germany (2.53% of the world imports, $5.68 million according to external trade statistics of Italy)
  • Imports to Japan from China (2.2% of the world imports, $4.93 million according to external trade statistics of Japan)
  • Imports to Netherlands from Finland (4.8% of the world imports, $10.7 million according to external trade statistics of Netherlands)
  • Imports to Netherlands from Germany (3.39% of the world imports, $7.61 million according to external trade statistics of Netherlands)
  • Imports to Spain from Germany (2.7% of the world imports, $6.06 million according to external trade statistics of Spain)
  • Imports to Turkey from China (2.55% of the world imports, $5.72 million according to external trade statistics of Turkey)
  • Imports to Turkey from Germany (2.09% of the world imports, $4.68 million according to external trade statistics of Turkey)

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Reporter
291511. Formic acid
ExportsImports
20202020
Value (US$)
World Share ($), %
Value (US$)
World Share ($), %
China63,957,172.0053.70717,442.000.32
Netherlands24,184,417.0020.3029,580,394.0013.19
USA12,859,357.0010.794,412,605.001.96
Belgium9,636,614.008.0912,672,684.005.65
Denmark1,708,363.001.435,314,868.002.37
Spain741,805.000.6212,037,061.005.36
Italy674,623.000.5613,385,100.005.97
United Kingdom580,143.000.486,046,579.002.69
Vietnam470,931.000.396,036,332.002.69
Turkey345,671.000.2910,670,595.004.75
Poland294,843.000.246,081,259.002.71
Hungary289,521.000.24780,818.000.34
Austria278,334.000.231,566,601.000.69
Japan265,145.000.225,534,053.002.46
Malaysia255,866.000.212,130,739.000.95
Slovenia240,904.000.20420,407.000.18
Switzerland225,296.000.182,715,542.001.21
Russia223,051.000.187,189,312.003.20
Thailand220,391.000.184,174,260.001.86
India204,063.000.1712,199,058.005.44
Croatia172,452.000.14402,106.000.17
Israel127,000.000.1059,000.000.02
United Arab Emirates108,361.000.09415,330.000.18
Korea105,624.000.084,551,781.002.03
Canada97,091.000.081,699,234.000.75
Chile78,097.000.061,422,752.000.63
Saudi Arabia73,217.000.061,921,298.000.85
Czech Republic72,709.000.06970,944.000.43
Singapore72,325.000.061,692,096.000.75
Lithuania56,216.000.04330,251.000.14
Romania51,067.000.04626,890.000.27
Pakistan48,228.000.044,799,026.002.14
Other Asia, nes46,661.000.032,028,196.000.90
South Africa43,444.000.03906,686.000.40
Greece39,201.000.03323,697.000.14
Guatemala28,296.000.02520,912.000.23
Kazakhstan23,802.000.01597,592.000.26
Indonesia21,716.000.011,732,055.000.77
Uruguay21,273.000.01154,048.000.06
Colombia21,152.000.01650,450.000.29
Kenya18,510.000.01155,211.000.06
Portugal18,203.000.01640,832.000.28
Brazil14,841.000.019,007,632.004.01
Serbia12,989.000.01352,972.000.15
Mauritius12,665.000.0120,170.000.00
Australia11,380.000.00456,152.000.20
Ukraine10,947.000.00414,821.000.18
Estonia7,147.000.00634,986.000.28
Ireland6,443.000.00526,892.000.23
New Zealand4,672.000.00243,145.000.10
Bulgaria3,532.000.00106,097.000.04
Latvia1,880.000.0081,397.000.03
Belarus1,300.000.00246,100.000.10
Malta259.000.002,495.000.00
North Macedonia128.000.0037,972.000.01
Dominican Republic128.000.00104,806.000.04
Uganda80.000.0044,134.000.01
Morocco17.000.00914,019.000.40
Zimbabwe9,527.000.00
Zambia4,193.000.00
Uzbekistan346,955.000.15
Sweden2,629,445.001.17
Swaziland35,550.000.01
Sri Lanka266,923.000.11
Slovak Republic636,862.000.28
Senegal61,679.000.02
Qatar49,306.000.02
Philippines2,057,411.000.91
Peru110,012.000.04
Paraguay50,246.000.02
Nigeria1,241,444.000.55
Nicaragua33,476.000.01
Namibia39,571.000.01
Myanmar234,306.000.10
Mozambique2,011.000.00
Montenegro1,728.000.00
Moldova3,583.000.00
Mexico1,839,845.000.82
Malawi4,476.000.00
Madagascar22,684.000.01
Luxembourg53,566.000.02
Lesotho2,480.000.00
Lebanon109,296.000.04
Kyrgyz Republic14,226.000.00
Kuwait90,128.000.04
Jordan29,176.000.01
Iceland510,114.000.22
Hong Kong6,429.000.00
Guyana608.000.00
Germany16,662,924.007.43
Georgia6,667.000.00
France6,484,790.002.89
Finland525,467.000.23
Ethiopia572,958.000.25
El Salvador37,639.000.01
Egypt1,029,226.000.45
Ecuador447,629.000.19
Cyprus87,858.000.03
Costa Rica19,316.000.00
Congo294,326.000.13
Cambodia56,809.000.02
Cabo Verde1,790.000.00
Burundi16,229.000.00
Burkina Faso23,291.000.01
Brunei85.000.00
Botswana110.000.00
Bosnia and Herzegovina49,459.000.02
Bolivia103,241.000.04
Belize33.000.00
Barbados6,856.000.00
Azerbaijan117,809.000.05
Armenia5,712.000.00
Argentina3,672,545.001.63