Exports In 2022, Germany exported $104M in Formic acid, making it the 2nd largest exporter of Formic acid in the world. At the same year, Formic acid was the 1649th most exported product in Germany. The main destination of Formic acid exports from Germany are: Netherlands ($16.4M), Italy ($12.5M), Belgium ($10.5M), Spain ($8.96M), and France ($7.28M).
Imports In 2022, Germany imported $20.5M in Formic acid, becoming the 6th largest importer of Formic acid in the world. At the same year, Formic acid was the 2967th most imported product in Germany. Germany imports Formic acid primarily from: Netherlands ($7.91M), Finland ($5.13M), Sweden ($4.25M), Belgium ($1.03M), and China ($684k).
The fastest growing import markets in Formic acid for Germany between 2021 and 2022 were Finland ($1.86M), Netherlands ($1.11M), and Sweden ($898k).
COMPANIES In 2023, leading companies such as ZF Friedrichshafen (22k), Robert Bosch (15.9k), and General Motors (9.39k) were at the forefront of shipping Formic acid from Germany to the United States.