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2023
Exports $2.61BWorld Rnk 1 / 175
Flag Rnk 225 / 1215
2023
Destination $6.43M United States
2022 - 2023
FASTEST GROWING MARKET $6.43MMexico
2023
PRODUCT COMPLEXITY IN Bandages0.86Rnk 224 / 1025
2023
Imports $314MWorld Rnk 7 / 221
Flag Rnk 424 / 1214
2023
Origin $18.9M United States
2022 - 2023
FASTEST GROWING ORIGIN $18.9MMalaysia
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $2.61B in Bandages, making it the 1st largest exporter of Bandages in the world. At the same year, Bandages was the 225th most exported product in China. The main destination of Bandages exports from China are: United States ($643M), Germany ($193M), United Kingdom ($148M), Mexico ($146M), and Netherlands ($141M).

The fastest growing export markets for Bandages of China between 2022 and 2023 were Mexico ($6.43M), Malaysia ($5.3M), and Iraq ($4.15M).

Imports In 2023, China imported $314M in Bandages, becoming the 7th largest importer of Bandages in the world. At the same year, Bandages was the 424th most imported product in China. China imports Bandages primarily from: United States ($86.7M), Japan ($75.6M), Germany ($34.4M), Malaysia ($24.3M), and United Kingdom ($13M).

The fastest growing import markets in Bandages for China between 2022 and 2023 were Malaysia ($18.9M), United States ($14.5M), and Poland ($1.81M).

COMPANIES In 2024, leading companies such as CrimsonLogic (333), Walgreens (11), and Bridgestone Tires (1) were at the forefront of shipping Bandages from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Bandages exports accounted up to $216M and imports accounted up to $21.8M, resulting in a positive trade balance of $194M. Between December 2023 and December 2024 the exports of China's   Bandages have increased by $40.4M (23.1%) from $175M to $216M, while imports increased by $3.82M (21.3%) from $18M to $21.8M.

Destinations In December 2024, Bandages were exported mostly to United States ($68.3M), Netherlands ($13.4M), Germany ($10.8M), United Kingdom ($9.67M), and Japan ($8.28M), and were imported mostly from United States ($4.44M), Germany ($3.34M), Finland ($2.28M), South Korea ($1.92M), and United Kingdom ($1.64M).

Growth In December 2024, the increase in Bandages's year-by-year exports was explained primarily by an increase in exports to United States ($11.6M or 26.3%), Venezuela ($3.81M or 592%), and Thailand ($2.11M or 144%). In December 2024, the increase in Bandages's year-by-year imports was explained primarily by an increase in imports from Finland ($1.74M or 209%), Germany ($1.55M or 80.8%), and France ($655k or 138%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$40.4M(23.1%)
IMPORT GROWTH (December 2023 - December 2024)$3.82M(21.3%)
MAIN EXPORTER (December 2024)Jiangsu Province$55M
MAIN DESTINATION (December 2024)United States$68.3M

This section shows Bandages's exports and imports data at subnational level for China. 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 (2023)$2.61B
IMPORTS (2023)$314M
NET TRADE (2023)$2.3B

In 2023, China exported $2.61B in Bandages. The main destinations of China exports on Bandages were United States ($643M), Germany ($193M), United Kingdom ($148M), Mexico ($146M), and Netherlands ($141M).

In 2023, China imported $314M in Bandages, mainly from United States ($86.7M), Japan ($75.6M), Germany ($34.4M), Malaysia ($24.3M), and United Kingdom ($13M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bandages EXPORT MARKETS FOR China WERE (2022 - 2023):
Mexico$6.43M (4.59%)
Malaysia$5.3M (18.1%)
Iraq$4.15M (21.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bandages BY China WERE (2022 - 2023):
United States-$165M (-20.4%)
South Korea-$147M (-73.1%)
United Kingdom-$96.8M (-39.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Bandages were:
United States $1.07B
Germany $951M
In 2023, China's main importing competitors in Bandages were:
United States $1.61B
Germany $1.02B
Netherlands $700M

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Trade Value of Bandages by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $25M
TOP IMPORT POTENTIALGermany+ $12M

Bandages’s highest export potential is France. With an export gap of $25M.   Bandages’s highest import potential is Germany with an import gap of $12M.

See methodology.

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