EU External Trade - Formic acid, its salts and esters, Salts of formic acid

Extra-EU sourcing of Formic acid, its salts and esters, Salts of formic acid is highly concentrated. 🇨🇳 China captures 63.5% of imports (€151.0M), followed by 🇳🇴 Norway (28.6%). With an HHI of 4883, this Concentrated market exposes the EU to supply dependency risks.

The EU exports Formic acid, its salts and esters, Salts of formic acid to 7 extra-EU markets, reflecting solid diversification. 🇺🇸 United States remains the largest client (26.1%, €27.5M), followed by 🇺🇸 United States, 🇧🇷 Brazil, 🇬🇧 United Kingdom.

Within the EU, the leading importers of Formic acid, its salts and esters, Salts of formic acid are 🇳🇱 Netherlands, 🇸🇪 Sweden, 🇩🇰 Denmark. 🇳🇱 Netherlands accounts for 21.1% of EU imports.

In 2025, imports were falling sharply (-24.0%) and exports declining (-14.7%) compared to the previous year.