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2022
Exports $73.6MWorld Rnk 20 / 148
Flag Rnk 307 / 1212
2022
Destination $14.5M Norway
2021 - 2022
FASTEST GROWING MARKET $14.5MFinland
2022
PRODUCT COMPLEXITY IN Rock Wool0.63Rnk 307 / 1025
2022
Imports $165MWorld Rnk 9 / 215
Flag Rnk 223 / 1213
2022
Origin $27.7M Norway
2021 - 2022
FASTEST GROWING ORIGIN $27.7MNorway
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $73.6M in Rock Wool, making it the 20th largest exporter of Rock Wool in the world. At the same year, Rock Wool was the 307th most exported product in Sweden. The main destination of Rock Wool exports from Sweden are: Norway ($32.3M), Finland ($20.5M), Denmark ($9.76M), United Kingdom ($2.24M), and United States ($1.26M).

The fastest growing export markets for Rock Wool of Sweden between 2021 and 2022 were Finland ($14.5M), Norway ($4.72M), and Turkey ($601k).

Imports In 2022, Sweden imported $165M in Rock Wool, becoming the 9th largest importer of Rock Wool in the world. At the same year, Rock Wool was the 223rd most imported product in Sweden. Sweden imports Rock Wool primarily from: Norway ($67.4M), Denmark ($48.4M), Germany ($10.7M), Poland ($8.47M), and Netherlands ($4.99M).

The fastest growing import markets in Rock Wool for Sweden between 2021 and 2022 were Norway ($27.7M), Denmark ($8.03M), and Germany ($2.83M).

Latest Trends

August 2024

About

Overview In August 2024 Sweden's Rock Wool exports accounted up to SEK50M and imports accounted up to SEK114M, resulting in a negative trade balance of SEK64M. Between August 2023 and August 2024 the exports of Sweden's   Rock Wool have decreased by SEK-12.9M (-20.5%) from SEK62.9M to SEK50M, while imports decreased by SEK-5.37M (-4.49%) from SEK119M to SEK114M.

Destinations In August 2024, Rock Wool were exported mostly to Norway (SEK24M), Finland (SEK15.4M), Denmark (SEK3.44M), United Kingdom (SEK1.97M), and Saudi Arabia (SEK756k), and were imported mostly from Denmark (SEK40.9M), Norway (SEK34.9M), United Kingdom (SEK12M), Poland (SEK8.88M), and Germany (SEK3.79M).

Growth In August 2024, the decrease in Rock Wool's year-by-year exports was explained primarily by a decrease in exports to Germany (SEK-882k or -98.1%), Qatar (SEK-811k or -72.1%), and Poland (SEK-574k or -85.9%). In August 2024, the decrease in Rock Wool's year-by-year imports was explained primarily by a decrease in imports from Denmark (SEK-2.23M or -6.05%), Czechia (SEK-2.05M or -49.4%), and United Kingdom (SEK-1.83M or -59.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)SEK-12.9M(-20.5%)
IMPORT GROWTH (August 2023 - August 2024)SEK-5.37M(-4.49%)
MAIN EXPORTER (August 2024)undefined54.3M
MAIN DESTINATION (August 2024)NorwaySEK24M

This section shows Rock Wool's exports and imports data at subnational level for Sweden. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Rock Wool over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$73.6M
IMPORTS (2022)$165M
NET TRADE (2022)-$91.9M

In 2022, Sweden exported $73.6M in Rock Wool. The main destinations of Sweden exports on Rock Wool were Norway ($32.3M), Finland ($20.5M), Denmark ($9.76M), United Kingdom ($2.24M), and United States ($1.26M).

In 2022, Sweden imported $165M in Rock Wool, mainly from Norway ($67.4M), Denmark ($48.4M), Germany ($10.7M), Poland ($8.47M), and Netherlands ($4.99M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rock Wool EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Finland$14.5M (243%)
Norway$4.72M (17.1%)
Turkey$601k (13.8k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rock Wool BY Sweden WERE (2021 - 2022):
Denmark-$950k (-8.87%)
United Kingdom-$471k (-17.4%)
Germany-$368k (-41.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Rock Wool were:
Germany $667M
Poland $567M
China $552M
In 2022, Sweden's main importing competitors in Rock Wool were:
Germany $513M
United States $426M
Italy $356M

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Trade Value of Rock Wool by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $1.54M
TOP IMPORT POTENTIALGermany+ $3.13M

Rock Wool’s highest export potential is France. With an export gap of $1.54M.   Rock Wool’s highest import potential is Germany with an import gap of $3.13M.

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