Sign In
Pricing

2022
Exports $552MWorld Rnk 3 / 148
Flag Rnk 566 / 1216
2022
Destination $19.6M Japan
2021 - 2022
FASTEST GROWING MARKET $19.6MItaly
2022
PRODUCT COMPLEXITY IN Rock Wool0.63Rnk 307 / 1025
2022
Imports $128MWorld Rnk 13 / 215
Flag Rnk 603 / 1212
2022
Origin $5.56M Japan
2021 - 2022
FASTEST GROWING ORIGIN $5.56MPoland
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $552M in Rock Wool, making it the 3rd largest exporter of Rock Wool in the world. At the same year, Rock Wool was the 566th most exported product in China. The main destination of Rock Wool exports from China are: Japan ($41.5M), India ($39.2M), Chinese Taipei ($37.3M), Indonesia ($37.2M), and Italy ($35.7M).

The fastest growing export markets for Rock Wool of China between 2021 and 2022 were Italy ($19.6M), India ($11.3M), and Indonesia ($8.96M).

Imports In 2022, China imported $128M in Rock Wool, becoming the 13th largest importer of Rock Wool in the world. At the same year, Rock Wool was the 603rd most imported product in China. China imports Rock Wool primarily from: Japan ($54.5M), United States ($12.4M), Netherlands ($9.3M), United Kingdom ($7.94M), and Poland ($7.41M).

The fastest growing import markets in Rock Wool for China between 2021 and 2022 were Poland ($5.56M), Germany ($1.64M), and Netherlands ($1.62M).

COMPANIES In 2023, leading companies such as MerchSource (2) were at the forefront of shipping Rock Wool from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Rock Wool exports accounted up to $40.4M and imports accounted up to $10.3M, resulting in a positive trade balance of $30.1M. Between July 2023 and July 2024 the exports of China's   Rock Wool have increased by $2.46M (6.49%) from $37.9M to $40.4M, while imports increased by $1.55M (17.8%) from $8.7M to $10.3M.

Destinations In July 2024, Rock Wool were exported mostly to Vietnam ($2.92M), India ($2.46M), Indonesia ($2.43M), Chinese Taipei ($2.29M), and Malaysia ($2.24M), and were imported mostly from Japan ($4.16M), United States ($1.7M), Malaysia ($1.28M), Netherlands ($720k), and Germany ($658k).

Growth In July 2024, the increase in Rock Wool's year-by-year exports was explained primarily by an increase in exports to Mexico ($3.58M or 2k%), India ($2.27M or 108%), and Australia ($2.04M or 211%). In July 2024, the increase in Rock Wool's year-by-year imports was explained primarily by an increase in imports from United States ($1.39M or 101%), Germany ($382k or 84.6%), and Netherlands ($332k or 105%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$2.46M(6.49%)
IMPORT GROWTH (July 2023 - July 2024)$1.55M(17.8%)
MAIN EXPORTER (July 2024)Shandong Province$9.17M
MAIN DESTINATION (July 2024)Vietnam$2.92M

This section shows Rock Wool's exports and imports data at subnational level for China. 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.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$552M
IMPORTS (2022)$128M
NET TRADE (2022)$425M

In 2022, China exported $552M in Rock Wool. The main destinations of China exports on Rock Wool were Japan ($41.5M), India ($39.2M), Chinese Taipei ($37.3M), Indonesia ($37.2M), and Italy ($35.7M).

In 2022, China imported $128M in Rock Wool, mainly from Japan ($54.5M), United States ($12.4M), Netherlands ($9.3M), United Kingdom ($7.94M), and Poland ($7.41M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rock Wool EXPORT MARKETS FOR China WERE (2021 - 2022):
Italy$19.6M (122%)
India$11.3M (40.4%)
Indonesia$8.96M (31.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rock Wool BY China WERE (2021 - 2022):
Vietnam-$17.5M (-35.4%)
Slovenia-$10.1M (-75.5%)
Chinese Taipei-$4.33M (-10.4%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Rock Wool by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $16.4M
TOP IMPORT POTENTIALGermany+ $5.84M

Rock Wool’s highest export potential is India. With an export gap of $16.4M.   Rock Wool’s highest import potential is Germany with an import gap of $5.84M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms