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2022
Exports $172MWorld Rnk 9 / 148
Flag Rnk 339 / 1213
2022
Destination $5.68M Germany
2021 - 2022
FASTEST GROWING MARKET $5.68MFrance
2022
PRODUCT COMPLEXITY IN Rock Wool0.63Rnk 307 / 1025
2022
Imports $136MWorld Rnk 12 / 215
Flag Rnk 438 / 1214
2022
Origin $7.68M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $7.68MNetherlands
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2022, Belgium exported $172M in Rock Wool, making it the 9th largest exporter of Rock Wool in the world. At the same year, Rock Wool was the 339th most exported product in Belgium. The main destination of Rock Wool exports from Belgium are: Germany ($38.5M), France ($35.2M), Netherlands ($24.6M), United Kingdom ($8.46M), and Italy ($8.24M).

The fastest growing export markets for Rock Wool of Belgium between 2021 and 2022 were France ($5.68M), Netherlands ($4.56M), and Luxembourg ($2.68M).

Imports In 2022, Belgium imported $136M in Rock Wool, becoming the 12th largest importer of Rock Wool in the world. At the same year, Rock Wool was the 438th most imported product in Belgium. Belgium imports Rock Wool primarily from: Netherlands ($80.1M), Germany ($14.9M), United Kingdom ($11.1M), France ($7.7M), and Poland ($7M).

The fastest growing import markets in Rock Wool for Belgium between 2021 and 2022 were Netherlands ($7.68M), United Kingdom ($6.68M), and China ($3.63M).

Latest Trends

August 2024

About

Overview In August 2024 Belgium's Rock Wool exports accounted up to €12.2M and imports accounted up to €8.47M, resulting in a positive trade balance of €3.77M. Between August 2023 and August 2024 the exports of Belgium's   Rock Wool have increased by €868k (7.63%) from €11.4M to €12.2M, while imports decreased by €-739k (-8.03%) from €9.21M to €8.47M.

Destinations In August 2024, Rock Wool were exported mostly to Germany (€2.85M), France (€1.99M), Netherlands (€1.72M), United States (€1.36M), and United Kingdom (€626k), and were imported mostly from Netherlands (€4.55M), Germany (€1.28M), Slovenia (€1.11M), France (€412k), and Poland (€317k).

Growth In August 2024, the increase in Rock Wool's year-by-year exports was explained primarily by an increase in exports to Germany (€519k or 13%), Italy (€194k or 32.1%), and Denmark (€116k or 183%). In August 2024, the decrease in Rock Wool's year-by-year imports was explained primarily by a decrease in imports from Germany (€-317k or -20.6%), Czechia (€-13.8k or -30.1%), and United States (€-9.52k or -71.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€868k(7.63%)
IMPORT GROWTH (August 2023 - August 2024)€-739k(-8.03%)
MAIN DESTINATION (August 2024)Germany€2.85M

This section shows Rock Wool's exports and imports data at subnational level for Belgium. 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)$172M
IMPORTS (2022)$136M
NET TRADE (2022)$36.2M

In 2022, Belgium exported $172M in Rock Wool. The main destinations of Belgium exports on Rock Wool were Germany ($38.5M), France ($35.2M), Netherlands ($24.6M), United Kingdom ($8.46M), and Italy ($8.24M).

In 2022, Belgium imported $136M in Rock Wool, mainly from Netherlands ($80.1M), Germany ($14.9M), United Kingdom ($11.1M), France ($7.7M), and Poland ($7M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rock Wool EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
France$5.68M (19.2%)
Netherlands$4.56M (22.8%)
Luxembourg$2.68M (118%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rock Wool BY Belgium WERE (2021 - 2022):
Spain-$2.19M (-36.1%)
United Kingdom-$1.14M (-11.8%)
Italy-$797k (-8.81%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Rock Wool were:
Germany $667M
Poland $567M
China $552M
In 2022, Belgium'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 POTENTIALGermany+ $13.9M
TOP IMPORT POTENTIALGermany+ $10.5M

Rock Wool’s highest export potential is Germany. With an export gap of $13.9M.   Rock Wool’s highest import potential is Germany with an import gap of $10.5M.

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