Formic acid salts imports in the United States: data, top suppliers and prices
The United States imported $32.9 million of formic acid salts in 2024 (29.1 thousand tonnes). It ranks 1st of 149 countries for imports of this product. Value rose 17% on 2023. Across 2017-2024 the long-run trend was broadly stable.
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 | $32.9M | 29.1K t |
| 2023 | $28.1M | 25.4K t |
| 2022 | $34.1M | 27.7K t |
| 2021 | $28.1M | 27.4K t |
| 2020 | $20.2M | 21.2K t |
| 2019 | $40.1M | 40.3K t |
| 2018 | $30.8M | 30.4K t |
| 2017 | $30.0M | 30.0K t |
Where the United States imports formic acid salts from
The largest suppliers were China (35%), Germany (21%), Sweden (16%). Among the main suppliers, Canada grew fastest (+380% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| China | $11.5M | 35% |
| Germany | $6.8M | 21% |
| Sweden | $5.1M | 16% |
| Canada | $4.3M | 13% |
| Turkey | $1.8M | 5.5% |
| India | $1.2M | 3.8% |
| Norway | $618K | 1.9% |
| Switzerland | $591K | 1.8% |
| Spain | $547K | 1.7% |
| Brazil | $115K | 0.4% |
Average import price per kg
The average declared value was about $1.13 per kg, 40% above the world average of $0.81. 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 salts exports from the United States
Exports of formic acid salts by the United States reached $7.6 million in 2024 (2.4 thousand tonnes). That makes it the 9th largest exporter of this product worldwide, out of 75 countries. Most of it went to France (24%), Canada (23%), Mexico (20%). Among the main buyer markets, France grew fastest (+860% on the year before).
| Destination | Value | Share |
|---|---|---|
| France | $1.8M | 24% |
| Canada | $1.8M | 23% |
| Mexico | $1.5M | 20% |
| South Korea | $790K | 10% |
| India | $480K | 6.3% |
| Brazil | $279K | 3.7% |
| Guatemala | $153K | 2% |
| United Kingdom | $145K | 1.9% |
| Australia | $116K | 1.5% |
| Germany | $93K | 1.2% |
Who is behind these numbers in the United States?
The shipment records behind United States formic acid salts imports (HS 2915.12): 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 2915.12: Acids: saturated acyclic monocarboxylic acids: salts of formic acids.
Common questions
What is the value of formic acid salts imported by the United States?
The United States imported formic acid salts worth $32.9 million in 2024, the latest year with complete public data, about 29.1 thousand tonnes. That ranks it 1st of 149 countries worldwide, with 9% of world imports. The value was up 17% on 2023.
Which countries supply formic acid salts to the United States?
China was the largest supplier with 35% of the value ($11.5 million), followed by Germany (21%) and Sweden (16%). The top three together account for 71%, out of 18 supplier countries in total. Canada grew fastest among the top ten, up 380% on the year.
What is the average import price of formic acid salts per kg?
The average declared import value was about $1.13 per kg in 2024, 40% above the world average of $0.81 per kg. The figure blends every grade shipped, so it works as a reference point rather than a quote.
How have imports of formic acid salts to the United States changed since 2017?
Imports went from $30.0 million in 2017 to $32.9 million in 2024, an increase of 10%. The peak was 2019 at $40.1 million. Over 8 years the average was $30.5 million a year.
Does the United States also export formic acid salts?
Yes. The United States exported $7.6 million worth of this product in 2024, mainly to France, Canada and Mexico. On balance the United States is a net importer of this product, by about $25.3 million a year.
What is the HS code for formic acid salts?
The HS code for formic acid salts is subheading 2915.12. 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?
Shipment-level records for the United States reach EximDataX from a direct customs feed, with company names, dates and declared values. We can show them for your product on a short call.
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