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2022
Exports $42.8MWorld Rnk 30 / 177
Flag Rnk 521 / 1210
2022
Destination $1.93M United States
2021 - 2022
FASTEST GROWING MARKET $1.93MUnited States
2022
PRODUCT COMPLEXITY IN Bandages0.96Rnk 187 / 1025
2022
Imports $232MWorld Rnk 12 / 221
Flag Rnk 371 / 1213
2022
Origin $7.26M United States
2021 - 2022
FASTEST GROWING ORIGIN $7.26MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $42.8M in Bandages, making it the 30th largest exporter of Bandages in the world. At the same year, Bandages was the 521st most exported product in Canada. The main destination of Bandages exports from Canada are: United States ($23.4M), Canada ($6.58M), Belgium ($3.72M), Australia ($1.08M), and Netherlands ($974k).

The fastest growing export markets for Bandages of Canada between 2021 and 2022 were United States ($1.93M), Poland ($492k), and Australia ($427k).

Imports In 2022, Canada imported $232M in Bandages, becoming the 12th largest importer of Bandages in the world. At the same year, Bandages was the 371st most imported product in Canada. Canada imports Bandages primarily from: United States ($108M), China ($41.2M), United Kingdom ($28.2M), Germany ($8.04M), and Canada ($6.58M).

The fastest growing import markets in Bandages for Canada between 2021 and 2022 were United States ($7.26M), Hungary ($2.14M), and China ($1.71M).

Latest Trends

July 2024

About

Overview In July 2024 Canada's Bandages exports accounted up to C$2.38M and imports accounted up to C$30.4M, resulting in a negative trade balance of C$28M. Between July 2023 and July 2024 the exports of Canada's   Bandages have increased by C$498k (26.4%) from C$1.89M to C$2.38M, while imports increased by C$4.76M (18.6%) from C$25.7M to C$30.4M.

Destinations In July 2024, Bandages were exported mostly to United States (C$1.37M), Belgium (C$394k), Netherlands (C$188k), China (C$92k), and Chile (C$88.1k), and were imported mostly from United States (C$10M), United Kingdom (C$5.04M), China (C$5.03M), Finland (C$1.84M), and Japan (C$1.32M).

Growth In July 2024, the increase in Bandages's year-by-year exports was explained primarily by an increase in exports to Chile (C$28.6k or 40.7%), Switzerland (C$25.3k or 1.2k%), and Colombia (C$9.28k or 247%). In July 2024, the increase in Bandages's year-by-year imports was explained primarily by an increase in imports from Germany (C$6.33M or 731%), United States (C$1.72M or 24.1%), and Hungary (C$501k or 74.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)C$498k(26.4%)
IMPORT GROWTH (July 2023 - July 2024)C$4.76M(18.6%)
MAIN EXPORTER (July 2024)OntarioC$3.32M
MAIN DESTINATION (July 2024)United StatesC$1.37M

This section shows Bandages's exports and imports data at subnational level for Canada. 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 Bandages over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$42.8M
IMPORTS (2022)$232M
NET TRADE (2022)-$189M

In 2022, Canada exported $42.8M in Bandages. The main destinations of Canada exports on Bandages were United States ($23.4M), Canada ($6.58M), Belgium ($3.72M), Australia ($1.08M), and Netherlands ($974k).

In 2022, Canada imported $232M in Bandages, mainly from United States ($108M), China ($41.2M), United Kingdom ($28.2M), Germany ($8.04M), and Canada ($6.58M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bandages EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$1.93M (8.97%)
Poland$492k (6.27k%)
Australia$427k (65.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bandages BY Canada WERE (2021 - 2022):
Canada-$1.3M (-16.5%)
Germany-$582k (-69%)
Hong Kong-$436k (-95%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Bandages were:
China $2.84B
United States $1.04B
Germany $861M
In 2022, Canada's main importing competitors in Bandages were:
United States $1.7B
Germany $940M
Netherlands $592M

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Trade Value of Bandages by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $16.4M
TOP IMPORT POTENTIALUnited States+ $18.4M

Bandages’s highest export potential is United States. With an export gap of $16.4M.   Bandages’s highest import potential is United States with an import gap of $18.4M.

See methodology.

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