India | Imports | China | Formic acid | Value (US$) and Value Growth, YoY (%) | 2011 - 2022
| Commodity | Reporter | Partner | Trade flow | Indicator | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| 291511. Formic acid | India | China | Imports | Value (US$) | 2,174,561.00 | 2,722,220.00 | 2,901,215.00 | 3,632,220.00 | 4,991,248.00 | 5,960,387.00 | 6,162,569.75 | 12,812,592.14 | 7,009,652.05 | 6,984,285.35 | 22,279,064.95 | 16,007,397.83 |
| Value Growth, YoY (%) | -31.48 | 25.18 | 6.57 | 25.19 | 37.41 | 19.41 | 3.39 | 107.90 | -45.29 | -0.36 | 218.98 | -28.15 |
The value of imports of commodity group 291511 "Formic acid" to India from China totalled $ 16 million in 2022. Sales of commodity group 291511 to India from China declined by 28% compared to 2021.imports of commodity group 291511 "Formic acid" decreased by $ 6.27 million (the value of sales of commodity group 291511 to India from China was equal to $22 million in 2021)
Imports of commodity group 291511 amounted to 0.015% of total merchandise imports to India from China (in 2022, total imports to India from China were $ 102 billion). The share of commodity group 291511 in total imports to India from China decreased by 0.009 p.p. compared to 2021 (it was 0.025% in 2021 and cumulative imports to India from China were equal to $ 87 billion).
Imports of commodity group 291511 accounted for 0.118% of total imports of group "" to India from China in 2022 (in 2022, the value of imports of commodity group to India from China was $13.5 billion). The share of purchases of commodity group 291511 in total imports of commodity group to India from China went down by 0.069 p.p. compared to 2021 (it was 0.187% in 2021, and imports of commodity group to India from China accounted for $11.8 billion).
Imports of commodity group 291511 accounted for 1.85 percent of total imports of group "" to India from China in 2022 (in 2022, the value of imports of commodity group to India from China was 863 millionUSD). The share of purchases of commodity group 291511 in total imports of commodity group to India from China went down by 0.879 p.p. compared to 2021 (it was 2.73 percent in 2021, and imports of commodity group to India from China accounted for 815 million USD).
The share of China in total imports of commodity group 291511 "Formic acid" to India amounted to 70 percent (16 million USD) in 2022 of 22 million USD - the value of total merchandise imports of commodity group 291511 to India in 2022. The share of China in imports of commodity group 291511 "Formic acid" to India went down by -7.16 p.p. in value compared to 2021 (it was 77 percent in 2021, and total imports of commodity group 291511 to India were equal to 28 million USD).
