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2022
Exports $202MWorld Rnk 11 / 177
Flag Rnk 424 / 1217
2022
Destination $2.93M Germany
2021 - 2022
FASTEST GROWING MARKET $2.93MSlovakia
2022
PRODUCT COMPLEXITY IN Bandages0.96Rnk 187 / 1025
2022
Imports $272MWorld Rnk 11 / 221
Flag Rnk 367 / 1215
2022
Origin $23.7M China
2021 - 2022
FASTEST GROWING ORIGIN $23.7MChina
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $202M in Bandages, making it the 11th largest exporter of Bandages in the world. At the same year, Bandages was the 424th most exported product in Italy. The main destination of Bandages exports from Italy are: Germany ($34.7M), United States ($23.7M), Switzerland ($23.2M), France ($19.2M), and Spain ($9.9M).

The fastest growing export markets for Bandages of Italy between 2021 and 2022 were Slovakia ($2.93M), France ($2.74M), and Hong Kong ($2.31M).

Imports In 2022, Italy imported $272M in Bandages, becoming the 11th largest importer of Bandages in the world. At the same year, Bandages was the 367th most imported product in Italy. Italy imports Bandages primarily from: China ($71.2M), France ($41.9M), Netherlands ($34.9M), Germany ($30.6M), and United States ($21.6M).

The fastest growing import markets in Bandages for Italy between 2021 and 2022 were China ($23.7M), Netherlands ($10.8M), and United States ($4.12M).

Latest Trends

June 2024

About

Overview In June 2024 Italy's Bandages exports accounted up to €15.9M and imports accounted up to €21.3M, resulting in a negative trade balance of €5.39M. Between June 2023 and June 2024 the exports of Italy's   Bandages have increased by €1.01M (6.76%) from €14.9M to €15.9M, while imports decreased by €-5.18M (-19.6%) from €26.5M to €21.3M.

Destinations In June 2024, Bandages were exported mostly to Germany (€3.34M), United States (€3.13M), France (€1.61M), Spain (€1.59M), and Japan (€868k), and were imported mostly from China (€5.23M), Germany (€3.65M), France (€2.52M), Netherlands (€2.47M), and United States (€1.8M).

Growth In June 2024, the increase in Bandages's year-by-year exports was explained primarily by an increase in exports to Saudi Arabia (€644k or 43.6k%), Switzerland (€503k or 32.7%), and France (€440k or 26.3%). In June 2024, the decrease in Bandages's year-by-year imports was explained primarily by a decrease in imports from China (€-1.84M or -32.9%), Switzerland (€-780k or -70.9%), and United States (€-601k or -39.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€1.01M(6.76%)
IMPORT GROWTH (June 2023 - June 2024)€-5.18M(-19.6%)
MAIN DESTINATION (June 2024)Germany€3.34M

This section shows Bandages's exports and imports data at subnational level for Italy. 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)$202M
IMPORTS (2022)$272M
NET TRADE (2022)-$69.9M

In 2022, Italy exported $202M in Bandages. The main destinations of Italy exports on Bandages were Germany ($34.7M), United States ($23.7M), Switzerland ($23.2M), France ($19.2M), and Spain ($9.9M).

In 2022, Italy imported $272M in Bandages, mainly from China ($71.2M), France ($41.9M), Netherlands ($34.9M), Germany ($30.6M), and United States ($21.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bandages EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Slovakia$2.93M (120%)
France$2.74M (16.7%)
Hong Kong$2.31M (157%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bandages BY Italy WERE (2021 - 2022):
China-$12.6M (-86.4%)
United States-$11.8M (-33.3%)
Denmark-$2.51M (-51.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Bandages were:
China $2.84B
United States $1.04B
Germany $861M
In 2022, Italy'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+ $11.8M
TOP IMPORT POTENTIALChina+ $14.1M

Bandages’s highest export potential is United States. With an export gap of $11.8M.   Bandages’s highest import potential is China with an import gap of $14.1M.

See methodology.

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