# HS 291811 Carboxylic Acids global trade data overview | Yugalinks

Reported global trade in carboxylic acids, (with alcohol function but without other oxygen function), lactic acid, its salts and esters reached $763.3M in 2024, with five-year annual growth of +6.7%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $550.2M | +20.4% | +4.3% |
| 2014 | $582.0M | +5.8% | +6.7% |
| 2015 | $533.0M | -8.4% | +5.3% |
| 2016 | $520.4M | -2.4% | -1.8% |
| 2017 | $542.3M | +4.2% | -2.3% |
| 2018 | $602.5M | +11.1% | +4.2% |
| 2019 | $551.2M | -8.5% | +1.9% |
| 2020 | $586.8M | +6.5% | +2.7% |
| 2021 | $656.0M | +11.8% | +2.9% |
| 2022 | $776.8M | +18.4% | +12.1% |
| 2023 | $730.9M | -5.9% | +7.6% |
| 2024 | $763.3M | +4.4% | +5.2% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| Netherlands | $75.4M | +3.4% | 36 |
| Spain | $71.7M | +27.9% | 32 |
| USA | $69.3M | +7.7% | 29 |
| Germany | $46.0M | +1.3% | 37 |
| Italy | $45.0M | +15.4% | 22 |
| Japan | $35.2M | +3% | 21 |
| Mexico | $32.3M | +14.2% | 31 |
| China | $32.0M | +6.2% | 30 |
| Republic of Korea | $30.9M | -7.3% | 24 |
| Belgium | $25.5M | +4.4% | 28 |
| France | $18.8M | +3.9% | 28 |
| Poland | $18.1M | +17.8% | 29 |

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