Formic acid imports in Turkey: data, top suppliers and prices
In 2024, Turkey imported formic acid worth $16.5 million (26.3 thousand tonnes). That makes it the 7th largest importer of this product worldwide, out of 164 countries. Value fell 21% from 2023. Across 2017-2024 the long-run trend was broadly stable. The peak in this period was 2022, at $30.1 million.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Imports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $16.5M | 26.3K t |
| 2023 | $20.8M | 30.9K t |
| 2022 | $30.1M | 28.8K t |
| 2021 | $24.8M | 34.6K t |
| 2020 | $11.0M | 24.2K t |
| 2019 | $15.1M | 28.3K t |
| 2018 | $18.2M | 20.6K t |
| 2017 | $10.2M | 17.8K t |
Where Turkey imports formic acid from
China alone supplied 76% of it.
| Supplier country | Value | Share |
|---|---|---|
| China | $12.5M | 76% |
| Germany | $2.8M | 17% |
| Finland | $419K | 2.5% |
| Hungary | $177K | 1.1% |
| Poland | $137K | 0.8% |
| Belgium | $135K | 0.8% |
| Netherlands | $134K | 0.8% |
| United States | $104K | 0.6% |
| Hong Kong | $51K | 0.3% |
| Spain | $15K | 0.1% |
Average import price per kg
The average declared value was about $0.63 per kg, close to the world average of $0.70.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Formic acid exports from Turkey
Turkey exported $844 thousand of formic acid in 2024 (789 tonnes). Most of it went to Egypt (45%), Uzbekistan (29%), Azerbaijan (10%). Among the main buyer markets, Libya grew fastest (+261% on the year before).
Who is behind these numbers in Turkey?
The shipment records behind Turkey formic acid imports (HS 2915.11): companies, dates, quantities and declared values.
Shipment records are in the platform
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Direct customs feed: shipment-level records from the official customs source.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 2915.11: Acids: saturated acyclic monocarboxylic acids: formic acid.
Common questions
What is the value of formic acid imported by Turkey?
Turkey imported formic acid worth $16.5 million in 2024, the latest year with complete public data, about 26.3 thousand tonnes. That ranks it 7th of 164 countries worldwide, with 5% of world imports. The value was down 21% on 2023.
Which countries supply formic acid to Turkey?
China was the largest supplier with 76% of the value ($12.5 million), followed by Germany (17%) and Finland (3%). The top three together account for 95%, out of 20 supplier countries in total. The Netherlands grew fastest among the top ten, up 373% on the year.
What is the average import price of formic acid per kg?
The average declared import value was about $0.63 per kg in 2024, 10% below the world average of $0.70 per kg. Because it averages all grades and sizes, treat the figure as a market benchmark, not a price offer.
How have imports of formic acid to Turkey changed since 2017?
Imports went from $10.2 million in 2017 to $16.5 million in 2024, an increase of 62%. The peak was 2022 at $30.1 million. Over 8 years the average was $18.3 million a year.
Does Turkey also export formic acid?
Yes. Turkey exported $844 thousand worth of this product in 2024, mainly to Egypt, Uzbekistan and Azerbaijan. On balance Turkey is a net importer of this product, by about $15.7 million a year.
What is the HS code for formic acid?
The HS code for formic acid is subheading 2915.11. It sits in HS chapter 29 (organic chemicals). The full list of codes and descriptions is on the HS 2915 page.
How can I find the companies behind this trade?
The totals here are public statistics; the company-level detail sits in EximDataX, which has a direct customs feed for Turkey. Tell us your product to see it live.
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