2023
Exports
$16.1MWorld Rnk 39 / 147
Flag Rnk 629 / 1212
2023
PRODUCT COMPLEXITY IN Rock Wool
0.69Rnk 288 / 1025
2023
Imports
$41.8MWorld Rnk 36 / 220
Flag Rnk 514 / 1212
2023
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported $16.1M in Rock Wool, making it the 39th largest exporter of Rock Wool in the world. At the same year, Rock Wool was the 629th most exported product in Thailand. The main destination of Rock Wool exports from Thailand are: Vietnam ($5.1M), Cambodia ($1.98M), Japan ($1.98M), United Kingdom ($1.58M), and Egypt ($531k).

The fastest growing export markets for Rock Wool of Thailand between 2022 and 2023 were Cambodia ($1.43M), Vietnam ($903k), and Turkey ($330k).

Imports In 2023, Thailand imported $41.8M in Rock Wool, becoming the 36th largest importer of Rock Wool in the world. At the same year, Rock Wool was the 514th most imported product in Thailand. Thailand imports Rock Wool primarily from: Japan ($15.2M), China ($14M), United States ($2.94M), South Korea ($1.66M), and Netherlands ($1.33M).

The fastest growing import markets in Rock Wool for Thailand between 2022 and 2023 were China ($2.41M), Japan ($2.1M), and United States ($1.31M).

Latest Trends

Dec 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 (2023)$16.1M
IMPORTS (2023)$41.8M
NET TRADE (2023)-$25.7M

In 2023, Thailand exported $16.1M in Rock Wool. The main destinations of Thailand exports on Rock Wool were Vietnam ($5.1M), Cambodia ($1.98M), Japan ($1.98M), United Kingdom ($1.58M), and Egypt ($531k).

In 2023, Thailand imported $41.8M in Rock Wool, mainly from Japan ($15.2M), China ($14M), United States ($2.94M), South Korea ($1.66M), and Netherlands ($1.33M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rock Wool EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
Cambodia$1.43M (255%)
Vietnam$903k (21.5%)
Turkey$330k (7.49k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rock Wool BY Thailand WERE (2022 - 2023):
United Kingdom-$1.47M (-48.2%)
Japan-$918k (-31.7%)
Indonesia-$526k (-59.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Thailand's main exporting competitors in Rock Wool were:
In 2023, Thailand'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 POTENTIALUnited States+ $563k
TOP IMPORT POTENTIALUnited States+ $885k

Rock Wool’s highest export potential is United States. With an export gap of $563k.   Rock Wool’s highest import potential is United States with an import gap of $885k.

See methodology.

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