Rock Wool in Japan | The Observatory of Economic Complexity

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Exports In 2022, Japan exported $341M in Rock Wool, making it the 6th largest exporter of Rock Wool in the world. At the same year, Rock Wool was the 255th most exported product in Japan. The main destination of Rock Wool exports from Japan are: United States ($77M), Germany ($56.5M), China ($54.5M), South Korea ($42.5M), and Hungary ($18.3M).

The fastest growing export markets for Rock Wool of Japan between 2021 and 2022 were Germany ($3.74M), Brazil ($1.34M), and Serbia ($910k).

Imports In 2022, Japan imported $120M in Rock Wool, becoming the 14th largest importer of Rock Wool in the world. At the same year, Rock Wool was the 526th most imported product in Japan. Japan imports Rock Wool primarily from: China ($41.5M), Philippines ($17.1M), United Kingdom ($12M), United States ($9.56M), and Chinese Taipei ($8.7M).

The fastest growing import markets in Rock Wool for Japan between 2021 and 2022 were China ($8.01M), United States ($2.46M), and Thailand ($1.75M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Rock Wool from Japan to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Japan's Rock Wool exports accounted up to ¥3.28B and imports accounted up to ¥1.29B, resulting in a positive trade balance of ¥1.99B. Between January 2023 and January 2024 the exports of Japan's Rock Wool have increased by ¥178M (5.72%) from ¥3.1B to ¥3.28B, while imports increased by ¥227M (21.3%) from ¥1.06B to ¥1.29B.

Destinations In January 2024, Rock Wool were exported mostly to United States (¥1.02B), Germany (¥561M), China (¥424M), South Korea (¥330M), and Netherlands (¥132M), and were imported mostly from China (¥443M), Indonesia (¥219M), South Korea (¥190M), United Kingdom (¥125M), and Taiwan (¥95.2M).

Growth In January 2024, the increase in Rock Wool's year-by-year exports was explained primarily by an increase in exports to South Korea (¥223M or 65%), Thailand (¥61.3M or 47.6%), and United States (¥48.6M or 9.82%). In January 2024, the increase in Rock Wool's year-by-year imports was explained primarily by an increase in imports from Indonesia (¥61.6M or 220%), China (¥57.3M or 13.7%), and Taiwan (¥22M or 40.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)¥178M(5.72%)

IMPORT GROWTH (January 2023 - January 2024)¥227M(21.3%)

MAIN EXPORTER (January 2024)Tokyo¥1.66B

MAIN DESTINATION (January 2024)United States¥1.02B

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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$341M

IMPORTS (2022)$120M

NET TRADE (2022)$220M

In 2022, Japan exported $341M in Rock Wool. The main destinations of Japan exports on Rock Wool were United States ($77M), Germany ($56.5M), China ($54.5M), South Korea ($42.5M), and Hungary ($18.3M).

In 2022, Japan imported $120M in Rock Wool, mainly from China ($41.5M), Philippines ($17.1M), United Kingdom ($12M), United States ($9.56M), and Chinese Taipei ($8.7M).

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