Bandages in United States 2021 Exports | Imports : $934M | $1.59B, World Rnk 2 / 181 Rnk 256 / 1216 | World Rnk 1 / 218 Rnk 269 / 1215
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $41.4M | $51.4M, Mexico | China
2021 ECONOMIC COMPLEXITY of United States: 1.46, Rnk 10 / 131
2021 PRODUCT COMPLEXITY IN Bandages: 0.89, Rnk 208 / 1029
Exports In 2021, United States exported $934M in Bandages, making it the 2nd largest exporter of Bandages in the world. At the same year, Bandages was the 256th most exported product in United States. The main destination of Bandages exports from United States are: Mexico ($291M), Canada ($101M), Germany ($70M), China ($56.5M), and Netherlands ($35.7M).
The fastest growing export markets for Bandages of United States between 2020 and 2021 were Mexico ($41.4M), Canada ($22.3M), and China ($21.2M).
Imports In 2021, United States imported $1.59B in Bandages, becoming the 1st largest importer of Bandages in the world. At the same year, Bandages was the 269th most imported product in United States. United States imports Bandages primarily from: China ($652M), United Kingdom ($193M), Mexico ($134M), Japan ($77.9M), and Germany ($71.4M).
The fastest growing import markets in Bandages for United States between 2020 and 2021 were China ($51.4M), South Korea ($27.4M), and Hungary ($27.3M).
March 2023
Overview In March 2023 United States' Bandages exports accounted up to $122M and imports accounted up to $162M, resulting in a negative trade balance of $39.6M. Between March 2022 and March 2023 the exports of United States' Bandages have increased by $31.5M (34.9%) from $90.4M to $122M, while imports decreased by $-3.97M (-2.4%) from $165M to $162M.
Destinations In March 2023, Bandages were exported mostly to Mexico ($31.8M), China ($18.4M), Canada ($13.1M), Germany ($8.56M), and Netherlands ($5.71M), and were imported mostly from China ($53M), Mexico ($18.8M), United Kingdom ($14.1M), Germany ($14M), and Finland ($13.2M).
Growth In March 2023, the increase in Bandages's year-by-year exports was explained primarily by an increase in exports to Mexico ($5.49M or 22.6%), China ($3.15M or 104%), and Brazil ($1.58M or 116%). In March 2023, the decrease in Bandages's year-by-year imports was explained primarily by a decrease in imports from Finland ($-1.84M or -34%), Brazil ($-1.01M or -15.9%), and Italy ($-634k or -33.8%).
EXPORT GROWTH (March 2022 - March 2023): $31.5M, (34.9%)
IMPORT GROWTH (March 2022 - March 2023): $-3.97M, (-2.4%)
MAIN EXPORTER (March 2023): Iowa, $25.4M
MAIN DESTINATION (March 2023): Mexico, $31.8M
This section shows Bandages's exports and imports data at subnational level for United States. 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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EXPORTS (2021): $934M
IMPORTS (2021): $1.59B
NET TRADE (2021): -$660M
In 2021, United States exported $934M in Bandages. The main destinations of United States exports on Bandages were Mexico ($291M), Canada ($101M), Germany ($70M), China ($56.5M), and Netherlands ($35.7M).
In 2021, United States imported $1.59B in Bandages, mainly from China ($652M), United Kingdom ($193M), Mexico ($134M), Japan ($77.9M), and Germany ($71.4M).
THE FASTEST GROWING Bandages EXPORT MARKETS FOR United States WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bandages BY United States WERE (2020 - 2021):
In 2021, United States's main exporting competitors in Bandages were:
In 2021, United States's main importing competitors in Bandages were:
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