About

The fastest growing export markets for Esters of formic acid of India between 2021 and 2022 were South Korea ($277k), Saudi Arabia ($95.2k), and Egypt ($92.9k).

Imports In 2022, India imported $2.04M in Esters of formic acid, becoming the 6th largest importer of Esters of formic acid in the world. At the same year, Esters of formic acid was the 3269th most imported product in India. India imports Esters of formic acid primarily from: United States ($1.04M), China ($260k), Switzerland ($179k), Germany ($163k), and South Korea ($137k).

The fastest growing import markets in Esters of formic acid for India between 2021 and 2022 were United States ($155k), France ($44.9k), and United Kingdom ($20.8k).

COMPANIES In 2023, leading companies such as John Deere (6.8k), IKEA Group (6.65k), and Old Navy (4.68k) were at the forefront of shipping Esters of formic acid from India to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Esters of formic acid. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

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IMPORTS (2022)$2.04M

In 2022, India imported $2.04M in Esters of formic acid, mainly from United States ($1.04M), China ($260k), Switzerland ($179k), Germany ($163k), and South Korea ($137k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Esters of formic acid EXPORT MARKETS FOR India WERE (2021 - 2022):
South Korea$277k (70.6%)
Saudi Arabia$95.2k (7.07k%)
Egypt$92.9k (2.6k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Esters of formic acid BY India WERE (2021 - 2022):
Japan-$645k (-93.5%)
Brazil-$491k (-20.6%)
Switzerland-$172k (-66.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, India's main exporting competitors in Esters of formic acid were:
In 2022, India's main importing competitors in Esters of formic acid were:

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Trade Value of Esters of formic acid by Exporters

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