Formic acid imports in the United Kingdom: data, top suppliers and prices
Imports of formic acid by the United Kingdom reached $7.3 million in 2024 (7.9 thousand tonnes). Its share of world imports was 2%. Value fell 6% from 2023. Across 2017-2024 the long-run trend was broadly stable. The peak in this period was 2022, at $11.5 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 | $7.3M | 7.9K t |
| 2023 | $7.8M | 7.6K t |
| 2022 | $11.5M | 3.8K t |
| 2021 | $9.4M | 11.2K t |
| 2020 | $6.0M | 11.5K t |
| 2019 | $6.7M | 11.3K t |
| 2018 | $8.3M | 10.4K t |
| 2017 | $7.0M | 10.9K t |
Where the United Kingdom imports formic acid from
The largest suppliers were Germany (44%), Finland (20%), China (13%). Among the main suppliers, Belgium grew fastest (+288% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| Germany | $3.2M | 44% |
| Finland | $1.5M | 20% |
| China | $967K | 13% |
| Belgium | $935K | 13% |
| Netherlands | $552K | 7.5% |
| Sweden | $54K | 0.7% |
| United States | $52K | 0.7% |
| France | $28K | 0.4% |
| Israel | $11K | 0.2% |
| Czech Republic | $7K | 0.1% |
Average import price per kg
The average declared value was about $0.93 per kg, 33% above the world average of $0.70. This usually points to higher-grade or processed goods.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Formic acid exports from the United Kingdom
In 2024, the United Kingdom exported formic acid worth $2.0 million (391 tonnes). Its share of world exports was 1%. Most of it went to Taiwan (46%), United States (12%), Ireland (9%). Among the main buyer markets, United States grew fastest, more than tenfold on the year before.
| Destination | Value | Share |
|---|---|---|
| Taiwan | $897K | 46% |
| United States | $229K | 12% |
| Ireland | $167K | 8.5% |
| Netherlands | $133K | 6.8% |
| Germany | $107K | 5.5% |
| Belgium | $106K | 5.4% |
| Saudi Arabia | $59K | 3% |
| China | $55K | 2.8% |
| Estonia | $41K | 2.1% |
| Azerbaijan | $33K | 1.7% |
Who is behind these numbers in the United Kingdom?
The shipment records behind United Kingdom 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 the United Kingdom?
The United Kingdom imported formic acid worth $7.3 million in 2024, the latest year with complete public data, about 7.9 thousand tonnes. That ranks it 14th of 164 countries worldwide, with 2% of world imports. The value was down 6% on 2023.
Which countries supply formic acid to the United Kingdom?
Germany was the largest supplier with 44% of the value ($3.2 million), followed by Finland (20%) and China (13%). The top three together account for 77%, out of 16 supplier countries in total. Belgium grew fastest among the top ten, up 288% on the year.
What is the average import price of formic acid per kg?
The average declared import value was about $0.93 per kg in 2024, 33% above the world average of $0.70 per kg. Declared value divided by weight mixes every grade, so read it as a benchmark rather than a quote.
How have imports of formic acid to the United Kingdom changed since 2017?
Imports went from $7.0 million in 2017 to $7.3 million in 2024, an increase of 5%. The peak was 2022 at $11.5 million. Over 8 years the average was $8.0 million a year.
Does the United Kingdom also export formic acid?
Yes. The United Kingdom exported $2.0 million worth of this product in 2024, mainly to Taiwan, the United States and Ireland. On balance the United Kingdom is a net importer of this product, by about $5.4 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 the United Kingdom. Tell us your product to see it live.
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