2022
ECONOMIC COMPLEXITY of Iran
0.072Rnk 60 / 133

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Exports In 2022, Iran exported N/A in Formic acid, making it the 55th largest exporter of Formic acid in the world. At the same year, Formic acid was the 1778th most exported product in Iran. The main destination of Formic acid exports from Iran are: Uzbekistan ($28.4k) and Azerbaijan ($3.51k).

The fastest growing import markets in Formic acid for Iran between 2021 and 2022 were Bulgaria ($37.5k), United Arab Emirates ($32.4k), and Oman ($3.24k).

COMPANIES In 2023, leading companies such as Chiquita (309), Prime Line Coffee (64), and Intercontinental Packaging (16) were at the forefront of shipping Formic acid from Iran to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
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 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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In N/A, Iran exported N/A in Formic acid. The main destinations of Iran exports on Formic acid were Uzbekistan ($28.4k) and Azerbaijan ($3.51k).

In N/A, Iran imported N/A in Formic acid, mainly from China ($55.6k), Bulgaria ($37.5k), United Arab Emirates ($32.4k), Italy ($30.2k), and Oman ($3.24k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Iran's main exporting competitors in Formic acid were:
In 2022, Iran's main importing competitors in Formic acid were:

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Trade Value of Formic acid by Exporters

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