2022
Exports
$20.7MWorld Rnk 38 / 148
Flag Rnk 344 / 1205
2022
PRODUCT COMPLEXITY IN Rock Wool
0.63Rnk 307 / 1025
2022
Imports
$101MWorld Rnk 17 / 215
Flag Rnk 171 / 1211
2022
ECONOMIC COMPLEXITY of Finland
1.41Rnk 13 / 133

About

Exports In 2022, Finland exported $20.7M in Rock Wool, making it the 38th largest exporter of Rock Wool in the world. At the same year, Rock Wool was the 344th most exported product in Finland. The main destination of Rock Wool exports from Finland are: Estonia ($10.1M), Sweden ($3.96M), Lithuania ($2.03M), Latvia ($1.59M), and Poland ($1.11M).

The fastest growing export markets for Rock Wool of Finland between 2021 and 2022 were Estonia ($5.51M), Sweden ($1.95M), and Latvia ($1.21M).

Imports In 2022, Finland imported $101M in Rock Wool, becoming the 17th largest importer of Rock Wool in the world. At the same year, Rock Wool was the 171st most imported product in Finland. Finland imports Rock Wool primarily from: Poland ($27.2M), Sweden ($20.5M), Denmark ($17.2M), Norway ($14.2M), and Russia ($6.44M).

The fastest growing import markets in Rock Wool for Finland between 2021 and 2022 were Sweden ($14.5M), Poland ($11.5M), and Norway ($11.3M).

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
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 Rock Wool. 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)$20.7M
IMPORTS (2022)$101M
NET TRADE (2022)-$80.6M

In 2022, Finland exported $20.7M in Rock Wool. The main destinations of Finland exports on Rock Wool were Estonia ($10.1M), Sweden ($3.96M), Lithuania ($2.03M), Latvia ($1.59M), and Poland ($1.11M).

In 2022, Finland imported $101M in Rock Wool, mainly from Poland ($27.2M), Sweden ($20.5M), Denmark ($17.2M), Norway ($14.2M), and Russia ($6.44M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rock Wool EXPORT MARKETS FOR Finland WERE (2021 - 2022):
Estonia$5.51M (120%)
Sweden$1.95M (97.1%)
Latvia$1.21M (324%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rock Wool BY Finland WERE (2021 - 2022):
Denmark-$866k (-87.5%)
Italy-$88.3k (-100%)
Russia-$62.9k (-36.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Finland's main exporting competitors in Rock Wool were:
In 2022, Finland's main importing competitors in Rock Wool were:

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Trade Value of Rock Wool by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPoland+ $402k
TOP IMPORT POTENTIALGermany+ $1.53M

Rock Wool’s highest export potential is Poland. With an export gap of $402k.   Rock Wool’s highest import potential is Germany with an import gap of $1.53M.

See methodology.

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