2023
Exports
$1.07BWorld Rnk 2 / 175
Flag Rnk 243 / 1217
2023
PRODUCT COMPLEXITY IN Bandages
0.86Rnk 224 / 1025
2023
Imports
$1.61BWorld Rnk 1 / 221
Flag Rnk 268 / 1215
2023
ECONOMIC COMPLEXITY of United States
1.5Rnk 10 / 132

About

Exports In 2023, United States exported $1.07B in Bandages, making it the 2nd largest exporter of Bandages in the world. At the same year, Bandages was the 243rd most exported product in United States. The main destination of Bandages exports from United States are: Mexico ($262M), Germany ($128M), Canada ($94.7M), China ($86.7M), and Netherlands ($43.9M).

The fastest growing export markets for Bandages of United States between 2022 and 2023 were Germany ($47.4M), Mexico ($22.4M), and Canada ($16.2M).

Imports In 2023, United States imported $1.61B in Bandages, becoming the 1st largest importer of Bandages in the world. At the same year, Bandages was the 268th most imported product in United States. United States imports Bandages primarily from: China ($643M), United Kingdom ($179M), Mexico ($124M), Germany ($122M), and Finland ($96.4M).

The fastest growing import markets in Bandages for United States between 2022 and 2023 were Germany ($26.4M), Dominican Republic ($21.1M), and Vietnam ($20.8M).

COMPANIES In 2023, leading companies such as Panasonic (16), Baxter Healthcare (9), and Amazon (7) were at the forefront of shipping Bandages to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$6.06M(6.14%)
IMPORT GROWTH (November 2023 - November 2024)$38.7M(27.2%)
MAIN EXPORTER (November 2024)Iowa$28.7M
MAIN DESTINATION (November 2024)Mexico$32M

This section shows Bandages's exports and imports data at subnational level for United States. 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)$1.07B
IMPORTS (2023)$1.61B
NET TRADE (2023)-$538M

In 2023, United States exported $1.07B in Bandages. The main destinations of United States exports on Bandages were Mexico ($262M), Germany ($128M), Canada ($94.7M), China ($86.7M), and Netherlands ($43.9M).

In 2023, United States imported $1.61B in Bandages, mainly from China ($643M), United Kingdom ($179M), Mexico ($124M), Germany ($122M), and Finland ($96.4M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bandages EXPORT MARKETS FOR United States WERE (2022 - 2023):
Germany$47.4M (59%)
Mexico$22.4M (9.38%)
Canada$16.2M (20.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bandages BY United States WERE (2022 - 2023):
Belgium-$11M (-34.5%)
Poland-$10.6M (-60.4%)
Singapore-$9.12M (-51.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Bandages were:
China $2.61B
In 2023, United States's main importing competitors in Bandages were:

Explore Visualizations

Trade Value of Bandages by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $18.4M
TOP IMPORT POTENTIALMexico+ $31.1M

Bandages’s highest export potential is Canada. With an export gap of $18.4M.   Bandages’s highest import potential is Mexico with an import gap of $31.1M.

See methodology.

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