2022
Exports
$2.18MWorld Rnk 56 / 148
Flag Rnk 265 / 947
2022
PRODUCT COMPLEXITY IN Rock Wool
0.63Rnk 307 / 1025
2022
Imports
$31.9MWorld Rnk 45 / 215
Flag Rnk 290 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $2.18M in Rock Wool, making it the 56th largest exporter of Rock Wool in the world. At the same year, Rock Wool was the 265th most exported product in Kuwait. The main destination of Rock Wool exports from Kuwait are: United Arab Emirates ($2.1M), China ($32.9k), Oman ($15.6k), Jordan ($14.8k), and Bahrain ($8.79k).

The fastest growing export markets for Rock Wool of Kuwait between 2021 and 2022 were United Arab Emirates ($1.44M), Jordan ($8.51k), and South Korea ($1.81k).

Imports In 2022, Kuwait imported $31.9M in Rock Wool, becoming the 45th largest importer of Rock Wool in the world. At the same year, Rock Wool was the 290th most imported product in Kuwait. Kuwait imports Rock Wool primarily from: Saudi Arabia ($17.5M), United Arab Emirates ($8.87M), India ($3.36M), China ($676k), and Denmark ($392k).

The fastest growing import markets in Rock Wool for Kuwait between 2021 and 2022 were Saudi Arabia ($14.8M), United Arab Emirates ($5.97M), and India ($1.52M).

Latest Trends

Jul 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 (2022)$2.18M
IMPORTS (2022)$31.9M
NET TRADE (2022)-$29.7M

In 2022, Kuwait exported $2.18M in Rock Wool. The main destinations of Kuwait exports on Rock Wool were United Arab Emirates ($2.1M), China ($32.9k), Oman ($15.6k), Jordan ($14.8k), and Bahrain ($8.79k).

In 2022, Kuwait imported $31.9M in Rock Wool, mainly from Saudi Arabia ($17.5M), United Arab Emirates ($8.87M), India ($3.36M), China ($676k), and Denmark ($392k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rock Wool EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Jordan$8.51k (134%)
South Korea$1.81k (75.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rock Wool BY Kuwait WERE (2021 - 2022):
China-$205k (-86.2%)
Oman-$125k (-89%)
Bahrain-$42.5k (-82.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Rock Wool were:
In 2022, Kuwait'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 POTENTIALChina+ $63.2k
TOP IMPORT POTENTIALChina+ $660k

Rock Wool’s highest export potential is China. With an export gap of $63.2k.   Rock Wool’s highest import potential is China with an import gap of $660k.

See methodology.

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