# HS 291631 Aromatic Monocarboxylic Acids global trade data...

Reported global trade in aromatic monocarboxylic acids, benzoic acid, its salts and esters reached $710.3M in 2024, with five-year annual growth of +4.8%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $602.3M | +9.6% | +2% |
| 2014 | $586.4M | -2.6% | -2.2% |
| 2015 | $516.9M | -11.9% | -2% |
| 2016 | $495.2M | -4.2% | -6.3% |
| 2017 | $518.7M | +4.7% | -4% |
| 2018 | $568.2M | +9.5% | +3.2% |
| 2019 | $561.7M | -1.1% | +4.3% |
| 2020 | $519.6M | -7.5% | +0.1% |
| 2021 | $643.5M | +23.8% | +4.2% |
| 2022 | $741.1M | +15.2% | +9.7% |
| 2023 | $646.3M | -12.8% | +7.5% |
| 2024 | $710.3M | +9.9% | +3.3% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| USA | $84.3M | +7.9% | 29 |
| Germany | $60.9M | +2.5% | 36 |
| Italy | $34.6M | +6.6% | 24 |
| Brazil | $32.8M | +3.8% | 26 |
| France | $32.5M | +4.6% | 28 |
| India | $29.9M | +4.9% | 27 |
| Mexico | $29.3M | +3.4% | 31 |
| Netherlands | $28.5M | +5.3% | 43 |
| Belgium | $26.4M | -5.6% | 18 |
| Turkey | $18.4M | +10.5% | 29 |
| Spain | $18.2M | +6.7% | 23 |
| Thailand | $16.9M | +3.3% | 25 |

_Source: reported merchandise trade data. Updated 2026-08-14._