2022
Exports
$27.9MWorld Rnk 38 / 177
Flag Rnk 333 / 1208
2022
PRODUCT COMPLEXITY IN Bandages
0.96Rnk 187 / 1025
2022
Imports
$192MWorld Rnk 14 / 221
Flag Rnk 238 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $27.9M in Bandages, making it the 38th largest exporter of Bandages in the world. At the same year, Bandages was the 333rd most exported product in Australia. The main destination of Bandages exports from Australia are: New Zealand ($10.8M), United States ($9.17M), China ($1.91M), United Kingdom ($1.17M), and Fiji ($820k).

The fastest growing export markets for Bandages of Australia between 2021 and 2022 were United States ($4.18M), New Zealand ($2.63M), and China ($1.71M).

Imports In 2022, Australia imported $192M in Bandages, becoming the 14th largest importer of Bandages in the world. At the same year, Bandages was the 238th most imported product in Australia. Australia imports Bandages primarily from: China ($56.1M), United States ($35.7M), United Kingdom ($22.7M), Germany ($11.6M), and Malaysia ($10.6M).

The fastest growing import markets in Bandages for Australia between 2021 and 2022 were United States ($13.6M), Singapore ($1.18M), and Canada ($427k).

Latest Trends

Aug 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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

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

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

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Historical Data

Trade Balance

Color
EXPORTS (2022)$27.9M
IMPORTS (2022)$192M
NET TRADE (2022)-$164M

In 2022, Australia exported $27.9M in Bandages. The main destinations of Australia exports on Bandages were New Zealand ($10.8M), United States ($9.17M), China ($1.91M), United Kingdom ($1.17M), and Fiji ($820k).

In 2022, Australia imported $192M in Bandages, mainly from China ($56.1M), United States ($35.7M), United Kingdom ($22.7M), Germany ($11.6M), and Malaysia ($10.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bandages EXPORT MARKETS FOR Australia WERE (2021 - 2022):
United States$4.18M (83.7%)
New Zealand$2.63M (32.2%)
China$1.71M (849%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bandages BY Australia WERE (2021 - 2022):
Japan-$1.16M (-78.3%)
Germany-$340k (-92.1%)
Belgium-$177k (-68.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Bandages were:
In 2022, Australia's main importing competitors in Bandages were:

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Trade Value of Bandages by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.64M
TOP IMPORT POTENTIALChina+ $7.68M

Bandages’s highest export potential is United States. With an export gap of $2.64M.   Bandages’s highest import potential is China with an import gap of $7.68M.

See methodology.

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