2022
Exports
$9.96MWorld Rnk 46 / 148
Flag Rnk 562 / 1194
2022
PRODUCT COMPLEXITY IN Rock Wool
0.63Rnk 307 / 1025
2022
Imports
$60.6MWorld Rnk 29 / 215
Flag Rnk 452 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $9.96M in Rock Wool, making it the 46th largest exporter of Rock Wool in the world. At the same year, Rock Wool was the 562nd most exported product in Indonesia. The main destination of Rock Wool exports from Indonesia are: Japan ($6.55M), Chinese Taipei ($1.44M), Malaysia ($521k), Australia ($432k), and Singapore ($244k).

The fastest growing export markets for Rock Wool of Indonesia between 2021 and 2022 were Chinese Taipei ($365k), United Kingdom ($164k), and Malaysia ($98.5k).

Imports In 2022, Indonesia imported $60.6M in Rock Wool, becoming the 29th largest importer of Rock Wool in the world. At the same year, Rock Wool was the 452nd most imported product in Indonesia. Indonesia imports Rock Wool primarily from: China ($37.2M), Malaysia ($7.98M), Japan ($5.89M), South Korea ($1.64M), and Singapore ($1.62M).

The fastest growing import markets in Rock Wool for Indonesia between 2021 and 2022 were China ($8.96M), Malaysia ($2M), and South Korea ($1.03M).

COMPANIES In 2023, leading companies such as Arhaus (1) were at the forefront of shipping Rock Wool from Indonesia to the United States.

Latest Trends

Jul 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)$9.96M
IMPORTS (2022)$60.6M
NET TRADE (2022)-$50.7M

In 2022, Indonesia exported $9.96M in Rock Wool. The main destinations of Indonesia exports on Rock Wool were Japan ($6.55M), Chinese Taipei ($1.44M), Malaysia ($521k), Australia ($432k), and Singapore ($244k).

In 2022, Indonesia imported $60.6M in Rock Wool, mainly from China ($37.2M), Malaysia ($7.98M), Japan ($5.89M), South Korea ($1.64M), and Singapore ($1.62M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rock Wool EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
Chinese Taipei$365k (34%)
United Kingdom$164k (1%)
Malaysia$98.5k (23.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rock Wool BY Indonesia WERE (2021 - 2022):
Japan-$671k (-9.29%)
Singapore-$565k (-69.8%)
Nigeria-$381k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Rock Wool were:
In 2022, Indonesia'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 POTENTIALMalaysia+ $362k
TOP IMPORT POTENTIALJapan+ $1.98M

Rock Wool’s highest export potential is Malaysia. With an export gap of $362k.   Rock Wool’s highest import potential is Japan with an import gap of $1.98M.

See methodology.

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