Salts of formic acid
HS-Code 291512
Supply Chain Analysis
63 entities · 2024 · exports
Source Countries
Trade Value
Total Quantity
Avg per Entity
Top 5 Concentration
Value Distribution (Top 5)
Efficiency Quadrant — Unit Price vs Order Value
Premium · Volume Player · Niche · Weak
China
$0.14B
43.73% share
Germany
$0.05B
14.34% share
Norway
$0.03B
10.59% share
Few dominant players — high dependency risk.
Share Split
Top Exporting Countries
| # | Country | Share | Value | 1Y Growth | 3Y Growth | Signal |
|---|---|---|---|---|---|---|
| 1 | 43.73% | $0.14B | -5.97% | +25.31% | ⚠ Momentum Lost | |
| 2 | 14.34% | $0.05B | +11.39% | -12.94% | 🔄 Recovering | |
| 3 | 10.59% | $0.03B | +16.18% | +70.90% | 🐢 Slowing | |
| 4 | European Union | 7.56% | $0.02B | +10.57% | -38.90% | 🔄 Recovering |
| 5 | 4.18% | $0.01B | -3.87% | -13.19% | 📉 Sustained Drop |
Top Importing Countries
| # | Country | Share | Value | 1Y Growth | 3Y Growth | Signal |
|---|---|---|---|---|---|---|
| 1 | 10.10% | $0.03B | +23.05% | +15.39% | 📈 Accelerating | |
| 2 | 9.41% | $0.03B | -16.55% | +17.03% | ⚠ Momentum Lost | |
| 3 | 7.38% | $0.02B | +5.73% | +54.13% | 🐢 Slowing | |
| 4 | 6.87% | $0.02B | -25.97% | -1.48% | 📉 Sustained Drop | |
| 5 | 5.86% | $0.02B | +16.18% | +28.80% | 🐢 Slowing |
Value vs YoY Growth
Bubble size = market share · Right + Up = high value, high growth
Demand Market Analysis
110 entities · 2024 · imports
Buyer Countries
Trade Value
Total Quantity
Avg per Entity
Top 5 Concentration
Value Distribution (Top 5)
Efficiency Quadrant — Unit Price vs Order Value
Premium · Volume Player · Niche · Weak
United States
$0.03B
10.1% share
India
$0.03B
9.41% share
Norway
$0.02B
7.38% share
Balanced market — moderate negotiation leverage.
Share Split
Global Trade Map
Exports + Imports by country (hover for details)
Explore more products
Access full trade data across our entire product database.
Have an account? Sign in