2022
Exports
$89.6MWorld Rnk 19 / 177
Flag Rnk 345 / 1211
2022
PRODUCT COMPLEXITY IN Bandages
0.96Rnk 187 / 1025
2022
Imports
$62.6MWorld Rnk 30 / 221
Flag Rnk 454 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $89.6M in Bandages, making it the 19th largest exporter of Bandages in the world. At the same year, Bandages was the 345th most exported product in Thailand. The main destination of Bandages exports from Thailand are: Belgium ($19.9M), Vietnam ($12.3M), France ($9.37M), Mexico ($6.14M), and Spain ($5.37M).

The fastest growing export markets for Bandages of Thailand between 2021 and 2022 were Vietnam ($6.51M), Spain ($5.35M), and Belgium ($3.41M).

Imports In 2022, Thailand imported $62.6M in Bandages, becoming the 30th largest importer of Bandages in the world. At the same year, Bandages was the 454th most imported product in Thailand. Thailand imports Bandages primarily from: China ($25.8M), Singapore ($7.52M), United States ($5.71M), South Korea ($4.68M), and Japan ($3.27M).

The fastest growing import markets in Bandages for Thailand between 2021 and 2022 were China ($5.63M), Singapore ($4.79M), and United States ($3.14M).

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)$89.6M
IMPORTS (2022)$62.6M
NET TRADE (2022)$27M

In 2022, Thailand exported $89.6M in Bandages. The main destinations of Thailand exports on Bandages were Belgium ($19.9M), Vietnam ($12.3M), France ($9.37M), Mexico ($6.14M), and Spain ($5.37M).

In 2022, Thailand imported $62.6M in Bandages, mainly from China ($25.8M), Singapore ($7.52M), United States ($5.71M), South Korea ($4.68M), and Japan ($3.27M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bandages EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Vietnam$6.51M (113%)
Spain$5.35M (22.1k%)
Belgium$3.41M (20.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bandages BY Thailand WERE (2021 - 2022):
Mexico-$4.33M (-41.3%)
Poland-$1.29M (-55.4%)
Israel-$935k (-83.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Bandages were:
In 2022, Thailand'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+ $4.18M
TOP IMPORT POTENTIALChina+ $8.33M

Bandages’s highest export potential is United States. With an export gap of $4.18M.   Bandages’s highest import potential is China with an import gap of $8.33M.

See methodology.

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