2022
Exports
$201MWorld Rnk 13 / 177
Flag Rnk 245 / 1193
2022
PRODUCT COMPLEXITY IN Bandages
0.96Rnk 187 / 1025
2022
Imports
$405MWorld Rnk 6 / 221
Flag Rnk 212 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $201M in Bandages, making it the 13th largest exporter of Bandages in the world. At the same year, Bandages was the 245th most exported product in Mexico. The main destination of Bandages exports from Mexico are: United States ($131M), Germany ($14.1M), China ($13.1M), Netherlands ($5.18M), and Australia ($4.58M).

The fastest growing export markets for Bandages of Mexico between 2021 and 2022 were China ($4.59M), United Kingdom ($4.47M), and Netherlands ($3.87M).

Imports In 2022, Mexico imported $405M in Bandages, becoming the 6th largest importer of Bandages in the world. At the same year, Bandages was the 212th most imported product in Mexico. Mexico imports Bandages primarily from: United States ($309M), China ($66.2M), Thailand ($6.14M), Colombia ($6.07M), and Germany ($3.64M).

The fastest growing import markets in Bandages for Mexico between 2021 and 2022 were United States ($16.7M), China ($15.2M), and Germany ($2.28M).

Latest Trends

Oct 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)$201M
IMPORTS (2022)$405M
NET TRADE (2022)-$204M

In 2022, Mexico exported $201M in Bandages. The main destinations of Mexico exports on Bandages were United States ($131M), Germany ($14.1M), China ($13.1M), Netherlands ($5.18M), and Australia ($4.58M).

In 2022, Mexico imported $405M in Bandages, mainly from United States ($309M), China ($66.2M), Thailand ($6.14M), Colombia ($6.07M), and Germany ($3.64M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bandages EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
China$4.59M (53.8%)
United Kingdom$4.47M (8.22k%)
Netherlands$3.87M (295%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bandages BY Mexico WERE (2021 - 2022):
United States-$1.93M (-1.46%)
Austria-$784k (-100%)
Germany-$743k (-5.01%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Bandages were:
In 2022, Mexico'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+ $31.1M
TOP IMPORT POTENTIALChina+ $19.7M

Bandages’s highest export potential is United States. With an export gap of $31.1M.   Bandages’s highest import potential is China with an import gap of $19.7M.

See methodology.

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