Formic acid exports from the United States: data, top buyers and prices
The United States exported $18.4 million of formic acid in 2024 (22.8 thousand tonnes). That makes it the 5th largest exporter of this product worldwide, out of 75 countries. That is 7% less than in 2023. Across 2017-2024 the long-run trend was broadly stable. The peak in this period was 2022, at $27.1 million.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Exports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $18.4M | 22.8K t |
| 2023 | $19.9M | 23.2K t |
| 2022 | $27.1M | 20.6K t |
| 2021 | $18.9M | 22.1K t |
| 2020 | $11.6M | 15.3K t |
| 2019 | $11.4M | 16.2K t |
| 2018 | $12.6M | 10.9K t |
| 2017 | $13.6M | 19.6K t |
Where the United States exports formic acid to
Most of it went to Brazil (34%), Argentina (16%), Mexico (15%). Among the main buyer markets, Germany grew fastest (+66% on the year before).
| Destination | Value | Share |
|---|---|---|
| Brazil | $6.3M | 34% |
| Argentina | $3.0M | 16% |
| Mexico | $2.7M | 15% |
| Canada | $1.2M | 6.5% |
| Germany | $841K | 4.6% |
| Poland | $739K | 4% |
| Belgium | $543K | 3% |
| Colombia | $405K | 2.2% |
| Chile | $278K | 1.5% |
| Uruguay | $234K | 1.3% |
Average export price per kg
The average declared value was about $0.81 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 imports to the United States
Imports of formic acid by the United States reached $5.4 million in 2024 (4.0 thousand tonnes). Its share of world imports was 2%. The largest suppliers were China (28%), Finland (17%), France (11%). Among the main suppliers, United Kingdom grew fastest, more than tenfold on the year before.
| Supplier country | Value | Share |
|---|---|---|
| China | $1.5M | 28% |
| Finland | $921K | 17% |
| France | $598K | 11% |
| Spain | $595K | 11% |
| Netherlands | $563K | 10% |
| Germany | $462K | 8.6% |
| Sweden | $380K | 7% |
| United Kingdom | $229K | 4.3% |
| Belgium | $50K | 0.9% |
| Malaysia | $27K | 0.5% |
Who is behind these numbers in the United States?
The shipment records behind United States formic acid exports (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 exported by the United States?
The United States exported formic acid worth $18.4 million in 2024, the latest year with complete public data, about 22.8 thousand tonnes. That ranks it 5th of 75 countries worldwide, with 5% of world exports. The value was down 7% on 2023.
Which countries buy formic acid from the United States?
Brazil was the largest buyer with 34% of the value ($6.3 million), followed by Argentina (16%) and Mexico (15%). The top three together account for 65%, out of 60 buyer countries in total. Germany grew fastest among the top ten, up 66% on the year.
What is the average export price of formic acid per kg?
The average declared export value was about $0.81 per kg in 2024, 16% 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 exports of formic acid from the United States changed since 2017?
Exports went from $13.6 million in 2017 to $18.4 million in 2024, an increase of 36%. The peak was 2022 at $27.1 million. Over 8 years the average was $16.7 million a year.
Does the United States also import formic acid?
Yes. The United States imported $5.4 million worth of this product in 2024, mainly from China, Finland and France. On balance the United States is a net exporter of this product, by about $13.0 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 States. Tell us your product to see it live.
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