Exports In 2022, Japan exported $679k in Formic acid, making it the 20th largest exporter of Formic acid in the world. At the same year, Formic acid was the 3451st most exported product in Japan. The main destination of Formic acid exports from Japan are: Chinese Taipei ($280k), Malaysia ($158k), South Korea ($53.1k), Philippines ($46.7k), and Indonesia ($46.3k).
The fastest growing export markets for Formic acid of Japan between 2021 and 2022 were Chinese Taipei ($182k), Philippines ($41.1k), and Vietnam ($18.9k).
Imports In 2022, Japan imported $11.9M in Formic acid, becoming the 13th largest importer of Formic acid in the world. At the same year, Formic acid was the 2528th most imported product in Japan. Japan imports Formic acid primarily from: China ($11.7M), Germany ($181k), France ($8.22k), Chinese Taipei ($7.88k), and United States ($5.66k).
The fastest growing import markets in Formic acid for Japan between 2021 and 2022 were China ($5.97M), France ($3.86k), and Netherlands ($77).
COMPANIES In 2023, leading companies such as Kubota (7.96k), Toyota (3.5k), and Wismettac Asian Foods (2.45k) were at the forefront of shipping Formic acid from Japan to the United States.