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HS Icon Bandages

Wadding, gauze, bandages (dressings, adhesive plasters, poultices), impregnated or coated with pharmaceutical substances or in forms or packings for retail sale, for medical, surgical or veterinary use

3005 (Harmonized System 1992 for 4-digit)

2021
World Trade: $9.22B, Rnk 379 / 1217

2021
Top Exporter | Top Importer: $2.31B | $1.59B, China | United States

2021
Product Complexity: 0.92, Rnk 198 / 1024

2020 - 2021
Export Growth (CAGR): 12%, Rnk 934 / 1217

2018
Mean Tariff: 6.22%, Rnk 681 / 1259

2021
Share of World Trade: 0.00044%, Rnk 379 / 1217

About

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Overview This page contains the latest trade data of Bandages. In 2021, Bandages were the world's 379th most traded product, with a total trade of $9.22B. Between 2020 and 2021 the exports of Bandages grew by 12%, from $8.23B to $9.22B. Trade in Bandages represent 0.00044% of total world trade.

Bandages are a part of Pharmaceutical products. They include Medical dressings etc except those with adhesive laye and Medical dressings etc. having an adhesive layer.

Exports In 2021 the top exporters of Bandages  were China ($2.31B), United States ($934M), Germany ($875M), United Kingdom ($675M), and Netherlands ($468M).

Imports In 2021 the top importers of Bandages were United States ($1.59B), Germany ($853M), Netherlands ($529M), France ($511M), and Mexico ($372M).

Tariffs In 2018 the average tariff for Bandages was 6.22%, making it the 681st lowest tariff using the HS4 product classification.

Ranking Bandages ranks 198th in the Product Complexity Index (PCI).

Description Wadding is a material used to absorb liquids and is often used as a dressing or padding. Gauze is a thin, woven fabric that is used to cover wounds and dressings. Bandages are pieces of cloth or paper that are used to bind wounds or injuries.

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Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Bandages. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2021): China, $2.31B

Top Destination (2021): United States, $1.59B

Bandages are the world's 379th most traded product.

In 2021, the top exporters of Bandages were China ($2.31B), United States ($934M), Germany ($875M), United Kingdom ($675M), and Netherlands ($468M).

In 2021, the top importers of Bandages were United States ($1.59B), Germany ($853M), Netherlands ($529M), France ($511M), and Mexico ($372M).

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Market Dynamics

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Trade by country

Color

Top Origin Growth (2020 -  2021): Netherlands, $143M

Top Destination Growth (2020 -  2021): United States, $197M

Between 2020 and 2021, the exports of Bandages grew the fastest in Netherlands ($143M), United States ($137M), China ($109M), Germany ($77.4M), and Hungary ($69.3M).

Between 2020 and 2021, the fastest growing importers of Bandages were United States ($197M), Netherlands ($132M), South Korea ($75M), China ($73.4M), and Mexico ($61.9M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Bandages.

In 2021, market concentration measured using Shannon Entropy, was 4.29. This means that most of the exports of Bandages are explained by 19 countries.

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Net Trade

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TOP NET EXPORTER (2021): China, $1.98B

TOP NET IMPORTER (2021): United States, $660M

This map shows which countries export or import more of Bandages. Each country is colored based on the difference in exports and imports of Bandages during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Bandages were China ($1.98B), United Kingdom ($314M), Hungary ($218M), Czechia ($210M), and Finland ($177M).

In 2021, the countries that had a largest trade value in imports than in exports of Bandages were United States ($660M), France ($188M), Mexico ($185M), Canada ($177M), and Australia ($171M).

Disaggregation

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Value

In 2021, the world most traded Bandages, disaggragated by their HS6 level were Medical dressings etc except those with... ($4.71B) and Medical dressings etc. having an adhesive... ($4.51B)

Country Comparison

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Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Bandages.
It is possible to select the main countries that export or import Bandages in the world, or by continent, as well as select the measure of interest.

Product Complexity

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Diversification Frontier

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Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

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This visualization shows products that are likely to be exported by countries that export Bandages.

Country by Relatedness

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The following visualization shows the relatedness of Bandages to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

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