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2022
Exports $671MWorld Rnk 4 / 177
Flag Rnk 110 / 1216
2022
Destination $8.46M United States
2021 - 2022
FASTEST GROWING MARKET $8.46MNetherlands
2022
PRODUCT COMPLEXITY IN Bandages0.96Rnk 187 / 1025
2022
Imports $429MWorld Rnk 5 / 221
Flag Rnk 289 / 1214
2022
Origin $58.3M China
2021 - 2022
FASTEST GROWING ORIGIN $58.3MChina
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $671M in Bandages, making it the 4th largest exporter of Bandages in the world. At the same year, Bandages was the 110th most exported product in United Kingdom. The main destination of Bandages exports from United Kingdom are: United States ($197M), Netherlands ($141M), Germany ($31.5M), Canada ($28.2M), and Spain ($27.7M).

The fastest growing export markets for Bandages of United Kingdom between 2021 and 2022 were Netherlands ($8.46M), United Kingdom ($7.28M), and Brazil ($4.91M).

Imports In 2022, United Kingdom imported $429M in Bandages, becoming the 5th largest importer of Bandages in the world. At the same year, Bandages was the 289th most imported product in United Kingdom. United Kingdom imports Bandages primarily from: China ($172M), Germany ($47.6M), United States ($31.4M), Hungary ($27.4M), and France ($26.2M).

The fastest growing import markets in Bandages for United Kingdom between 2021 and 2022 were China ($58.3M), United Kingdom ($7.28M), and United States ($6.2M).

Latest Trends

September 2024

About

Overview In September 2024 United Kingdom's Bandages exports accounted up to £43.4M and imports accounted up to £30.6M, resulting in a positive trade balance of £12.8M. Between September 2023 and September 2024 the exports of United Kingdom's   Bandages have increased by £6.85M (18.8%) from £36.5M to £43.4M, while imports increased by £3.05M (11.1%) from £27.5M to £30.6M.

Destinations In September 2024, Bandages were exported mostly to Netherlands (£12.7M), United States (£11.7M), Germany (£4.4M), Spain (£1.63M), and Finland (£1.43M), and were imported mostly from China (£9.11M), Netherlands (£4.71M), France (£2.95M), United States (£2.35M), and Belgium (£2.04M).

Growth In September 2024, the increase in Bandages's year-by-year exports was explained primarily by an increase in exports to Netherlands (£5.63M or 75%), Germany (£1.77M or 298%), and Romania (£1.05M or 10.8k%). In September 2024, the increase in Bandages's year-by-year imports was explained primarily by an increase in imports from Hungary (£531k or 77.3%), Czechia (£458k or 67.1%), and Italy (£378k or 91%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)£6.85M(18.8%)
IMPORT GROWTH (September 2023 - September 2024)£3.05M(11.1%)
MAIN EXPORTER (September 2024)London Heathrow Airport£48M
MAIN DESTINATION (September 2024)Netherlands£12.7M

This section shows Bandages's exports and imports data at subnational level for United Kingdom. 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)$671M
IMPORTS (2022)$429M
NET TRADE (2022)$242M

In 2022, United Kingdom exported $671M in Bandages. The main destinations of United Kingdom exports on Bandages were United States ($197M), Netherlands ($141M), Germany ($31.5M), Canada ($28.2M), and Spain ($27.7M).

In 2022, United Kingdom imported $429M in Bandages, mainly from China ($172M), Germany ($47.6M), United States ($31.4M), Hungary ($27.4M), and France ($26.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bandages EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Netherlands$8.46M (6.37%)
United Kingdom$7.28M (2.14k%)
Brazil$4.91M (89.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bandages BY United Kingdom WERE (2021 - 2022):
Italy-$8.47M (-86.8%)
Hong Kong-$5.53M (-78.1%)
South Korea-$5.26M (-64.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Bandages were:
China $2.84B
United States $1.04B
Germany $861M
In 2022, United Kingdom'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 POTENTIALGermany+ $16.4M
TOP IMPORT POTENTIALGermany+ $13.3M

Bandages’s highest export potential is Germany. With an export gap of $16.4M.   Bandages’s highest import potential is Germany with an import gap of $13.3M.

See methodology.

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