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2023
Exports $766MWorld Rnk 4 / 175
Flag Rnk 90 / 1216
2023
Destination $56.9M Netherlands
2022 - 2023
FASTEST GROWING MARKET $56.9MNetherlands
2023
PRODUCT COMPLEXITY IN Bandages0.86Rnk 224 / 1025
2023
Imports $418MWorld Rnk 6 / 221
Flag Rnk 278 / 1214
2023
Origin $5.87M China
2022 - 2023
FASTEST GROWING ORIGIN $5.87MGermany
2023
ECONOMIC COMPLEXITY of United Kingdom1.5Rnk 11 / 132

About

Exports In 2023, United Kingdom exported $766M in Bandages, making it the 4th largest exporter of Bandages in the world. At the same year, Bandages was the 90th most exported product in United Kingdom. The main destination of Bandages exports from United Kingdom are: Netherlands ($204M), United States ($179M), Germany ($79.3M), Spain ($29.4M), and Canada ($27.9M).

The fastest growing export markets for Bandages of United Kingdom between 2022 and 2023 were Netherlands ($56.9M), Germany ($25.8M), and Russia ($8.19M).

Imports In 2023, United Kingdom imported $418M in Bandages, becoming the 6th largest importer of Bandages in the world. At the same year, Bandages was the 278th most imported product in United Kingdom. United Kingdom imports Bandages primarily from: China ($148M), Germany ($44.6M), France ($29.5M), Hungary ($26.8M), and United States ($23.6M).

The fastest growing import markets in Bandages for United Kingdom between 2022 and 2023 were Germany ($5.87M), United States ($4.95M), and Sweden ($3.4M).

Latest Trends

November 2024

About

Overview In November 2024 United Kingdom's Bandages exports accounted up to £45.4M and imports accounted up to £33.8M, resulting in a positive trade balance of £11.6M. Between November 2023 and November 2024 the exports of United Kingdom's   Bandages have decreased by £-475k (-1.03%) from £45.9M to £45.4M, while imports increased by £4.25M (14.4%) from £29.6M to £33.8M.

Destinations In November 2024, Bandages were exported mostly to United States (£11.9M), Netherlands (£10.2M), Germany (£3.87M), Spain (£2.7M), and Ireland (£1.84M), and were imported mostly from Netherlands (£8.63M), China (£8.12M), France (£2.97M), Belgium (£2.26M), and Germany (£1.81M).

Growth In November 2024, the decrease in Bandages's year-by-year exports was explained primarily by a decrease in exports to France (£-1.27M or -85.2%), Australia (£-1.05M or -86.4%), and Canada (£-1.04M or -69.7%). In November 2024, the increase in Bandages's year-by-year imports was explained primarily by an increase in imports from Hungary (£531k or 77.3%), Czechia (£458k or 67.1%), and Italy (£378k or 91%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)£-475k(-1.03%)
IMPORT GROWTH (November 2023 - November 2024)£4.25M(14.4%)
MAIN EXPORTER (November 2024)London Heathrow Airport£48M
MAIN DESTINATION (November 2024)United States£11.9M

This section shows Bandages's exports and imports data at subnational level for United Kingdom. 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)$766M
IMPORTS (2023)$418M
NET TRADE (2023)$348M

In 2023, United Kingdom exported $766M in Bandages. The main destinations of United Kingdom exports on Bandages were Netherlands ($204M), United States ($179M), Germany ($79.3M), Spain ($29.4M), and Canada ($27.9M).

In 2023, United Kingdom imported $418M in Bandages, mainly from China ($148M), Germany ($44.6M), France ($29.5M), Hungary ($26.8M), and United States ($23.6M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bandages EXPORT MARKETS FOR United Kingdom WERE (2022 - 2023):
Netherlands$56.9M (38.6%)
Germany$25.8M (48.3%)
Russia$8.19M (16k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bandages BY United Kingdom WERE (2022 - 2023):
United States-$19.7M (-9.9%)
Australia-$10.6M (-35.4%)
Brazil-$4.62M (-33.6%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United Kingdom's main exporting competitors in Bandages were:
China $2.61B
United States $1.07B
Germany $951M
In 2023, United Kingdom'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 POTENTIALGermany+ $16.4M
TOP IMPORT POTENTIALGermany+ $13.3M

Bandages’s highest export potential is Germany. With an export gap of $16.4M.   Bandages’s highest import potential is Germany with an import gap of $13.3M.

See methodology.

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