2022
Exports
$42MWorld Rnk 29 / 148
Flag Rnk 135 / 1100
2022
PRODUCT COMPLEXITY IN Rock Wool
0.63Rnk 307 / 1025
2022
Imports
$16.7MWorld Rnk 54 / 215
Flag Rnk 620 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $42M in Rock Wool, making it the 29th largest exporter of Rock Wool in the world. At the same year, Rock Wool was the 135th most exported product in Saudi Arabia. The main destination of Rock Wool exports from Saudi Arabia are: Kuwait ($17.5M), United Arab Emirates ($14.1M), Oman ($2.48M), India ($1.65M), and Bahrain ($1.57M).

The fastest growing export markets for Rock Wool of Saudi Arabia between 2021 and 2022 were Kuwait ($14.8M), United Arab Emirates ($3.59M), and India ($851k).

Imports In 2022, Saudi Arabia imported $16.7M in Rock Wool, becoming the 54th largest importer of Rock Wool in the world. At the same year, Rock Wool was the 620th most imported product in Saudi Arabia. Saudi Arabia imports Rock Wool primarily from: United Arab Emirates ($5.47M), China ($3.5M), Germany ($2.16M), Netherlands ($1.93M), and India ($1.02M).

The fastest growing import markets in Rock Wool for Saudi Arabia between 2021 and 2022 were China ($1.19M), Netherlands ($892k), and Germany ($509k).

Latest Trends

Sep 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)$42M
IMPORTS (2022)$16.7M
NET TRADE (2022)$25.2M

In 2022, Saudi Arabia exported $42M in Rock Wool. The main destinations of Saudi Arabia exports on Rock Wool were Kuwait ($17.5M), United Arab Emirates ($14.1M), Oman ($2.48M), India ($1.65M), and Bahrain ($1.57M).

In 2022, Saudi Arabia imported $16.7M in Rock Wool, mainly from United Arab Emirates ($5.47M), China ($3.5M), Germany ($2.16M), Netherlands ($1.93M), and India ($1.02M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rock Wool EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Kuwait$14.8M (558%)
United Arab Emirates$3.59M (34.1%)
India$851k (106%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rock Wool BY Saudi Arabia WERE (2021 - 2022):
Yemen-$603k (-100%)
Turkey-$539k (-26.9%)
South Africa-$371k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Saudi Arabia's main exporting competitors in Rock Wool were:
In 2022, Saudi Arabia'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 POTENTIALIndia+ $885k
TOP IMPORT POTENTIALChina+ $1.6M

Rock Wool’s highest export potential is India. With an export gap of $885k.   Rock Wool’s highest import potential is China with an import gap of $1.6M.

See methodology.

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