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Exports In 2018, Iceland exported $7.42M in Bandages, making it the 50th largest exporter of Bandages in the world. At the same year, Bandages was the 48th most exported product in Iceland. The main destination of Bandages exports from Iceland are: United States ($4.13M), United Kingdom ($2.8M), South Korea ($282k), Switzerland ($114k), and Canada ($40.2k).

The fastest growing export markets for Bandages of Iceland between 2021 and 2022 were United States ($3.29M), United Kingdom ($2.67M), and South Korea ($166k).

Imports In 2022, Iceland imported $2.95M in Bandages, becoming the 121st largest importer of Bandages in the world. At the same year, Bandages was the 352nd most imported product in Iceland. Iceland imports Bandages primarily from: Germany ($712k), Sweden ($413k), Czechia ($405k), China ($333k), and Denmark ($203k).

The fastest growing import markets in Bandages for Iceland between 2021 and 2022 were Czechia ($299k), Germany ($118k), and Ireland ($101k).

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)$7.42M
IMPORTS (2022)$2.95M
NET TRADE (2022)$4.48M

In 2022, Iceland exported $7.42M in Bandages. The main destinations of Iceland exports on Bandages were United States ($4.13M), United Kingdom ($2.8M), South Korea ($282k), Switzerland ($114k), and Canada ($40.2k).

In 2022, Iceland imported $2.95M in Bandages, mainly from Germany ($712k), Sweden ($413k), Czechia ($405k), China ($333k), and Denmark ($203k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bandages EXPORT MARKETS FOR Iceland WERE (2021 - 2022):
United States$3.29M (394%)
United Kingdom$2.67M (2.02k%)
South Korea$166k (143%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bandages BY Iceland WERE (2021 - 2022):
Thailand-$74.4k (-100%)
Singapore-$12.8k (-100%)
Cote d'Ivoire-$1.9k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Bandages by Exporters

Potential Exports

Potential Exports

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Bandages’s highest export potential is N/A. With an export gap of N/A.   Bandages’s highest import potential is N/A with an import gap of N/A.

See methodology.

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