Commodity | Reporter | Partner | Trade flow | Indicator | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
291511. Formic acid | Belgium | Germany | Imports | Value (US$) | 13,882,684.00 | 17,878,388.00 | 15,161,850.41 | 21,129,549.27 | 8,860,425.34 | 8,280,294.18 | 11,714,080.80 | 12,778,649.50 | 4,773,893.46 | 5,492,361.01 | 7,980,247.57 | 11,312,209.06 |
Value Growth, YoY (%) | 3.46 | 28.78 | -15.19 | 39.35 | -58.06 | -6.54 | 41.46 | 9.08 | -62.64 | 15.04 | 45.29 | 41.75 |
The value of imports of commodity group 291511 "Formic acid" to Belgium from Germany totalled $ 11.3 million in 2022. Sales of commodity group 291511 to Belgium from Germany increased by 41% compared to 2021: imports of commodity group 291511 "Formic acid" went up by $ 3.33 million (the value of sales of commodity group 291511 to Belgium from Germany was equal to $7.98 million in 2021)
Imports of commodity group 291511 amounted to 0.02% of total merchandise imports to Belgium from Germany (in 2022, total imports to Belgium from Germany were $ 55 billion). The share of commodity group 291511 in total imports to Belgium from Germany went up by 0.007 p.p. compared to 2021 (it was 0.012% in 2021 and cumulative imports to Belgium from Germany were equal to $ 63 billion).
Imports of commodity group 291511 accounted for 0.229% of total imports of group "" to Belgium from Germany in 2022 (in 2022, the value of imports of commodity group to Belgium from Germany was $4.93 billion). The share of purchases of commodity group 291511 in total imports of commodity group to Belgium from Germany increased by 0.171 p.p. compared to 2021 (it was 0.058% in 2021, and imports of commodity group to Belgium from Germany accounted for $13.7 billion).
Imports of commodity group 291511 accounted for 3.93 percent of total imports of group "" to Belgium from Germany in 2022 (in 2022, the value of imports of commodity group to Belgium from Germany was 287 millionUSD). The share of purchases of commodity group 291511 in total imports of commodity group to Belgium from Germany went down by 3.16 p.p. compared to 2021 (it was 7.1 percent in 2021, and imports of commodity group to Belgium from Germany accounted for 112 million USD).
The share of Germany in total imports of commodity group 291511 "Formic acid" to Belgium amounted to 44 percent (11.3 million USD) in 2022 of 25 million USD - the value of total merchandise imports of commodity group 291511 to Belgium in 2022. The share of Germany in imports of commodity group 291511 "Formic acid" to Belgium went down by -4.13 p.p. in value compared to 2021 (it was 48 percent in 2021, and total imports of commodity group 291511 to Belgium were equal to 16.5 million USD).