Exports In 2022, United States exported $24.4M in Formic acid, making it the 5th largest exporter of Formic acid in the world. At the same year, Formic acid was the 2586th most exported product in United States. The main destination of Formic acid exports from United States are: Brazil ($8.94M), Mexico ($3.34M), Canada ($2.66M), Uruguay ($2.54M), and Argentina ($1.83M).
The fastest growing export markets for Formic acid of United States between 2021 and 2022 were Uruguay ($2.11M), Canada ($1.41M), and Brazil ($1.4M).
Imports In 2022, United States imported $5.62M in Formic acid, becoming the 24th largest importer of Formic acid in the world. At the same year, Formic acid was the 3924th most imported product in United States. United States imports Formic acid primarily from: Netherlands ($1.69M), China ($1.13M), Sweden ($711k), Germany ($489k), and Spain ($454k).
COMPANIES In 2023, leading companies such as IKEA Group (135k), CrimsonLogic (98.6k), and Dole Fresh Fruit (62.1k) were at the forefront of shipping Formic acid to the United States.