2022
Exports
$65MWorld Rnk 2 / 82
Flag Rnk 2035 / 4586
falsefalse United States
2022
Imports
$21.2MWorld Rnk 7 / 152
Flag Rnk 2947 / 4555
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $65M in Salts of formic acid, making it the 2nd largest exporter of Salts of formic acid in the world. At the same year, Salts of formic acid was the 2035th most exported product in Germany. The main destination of Salts of formic acid exports from Germany are: United States ($8.39M), Italy ($7.46M), France ($6.14M), Poland ($4.33M), and Netherlands ($3.89M).

Imports In 2022, Germany imported $21.2M in Salts of formic acid, becoming the 7th largest importer of Salts of formic acid in the world. At the same year, Salts of formic acid was the 2947th most imported product in Germany. Germany imports Salts of formic acid primarily from: Sweden ($7.14M), Norway ($4.44M), Netherlands ($2.98M), China ($2.09M), and Belgium ($1.78M).

The fastest growing import markets in Salts of formic acid for Germany between 2021 and 2022 were Sweden ($4.56M), Norway ($880k), and Netherlands ($725k).

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 Salts of formic acid from Germany 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 Salts 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

Color
EXPORTS (2022)$65M
IMPORTS (2022)$21.2M
NET TRADE (2022)$43.8M

In 2022, Germany exported $65M in Salts of formic acid. The main destinations of Germany exports on Salts of formic acid were United States ($8.39M), Italy ($7.46M), France ($6.14M), Poland ($4.33M), and Netherlands ($3.89M).

In 2022, Germany imported $21.2M in Salts of formic acid, mainly from Sweden ($7.14M), Norway ($4.44M), Netherlands ($2.98M), China ($2.09M), and Belgium ($1.78M).

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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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Type
In 2022, Germany's main exporting competitors in Salts of formic acid were:
China $167M
Sweden $41.7M
In 2022, Germany's main importing competitors in Salts of formic acid were:

Explore Visualizations

Trade Value of Salts of formic acid by Exporters

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