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Wadding, gauze, bandages (dressings, adhesive plasters, poultices), impregnated or coated with pharmaceutical substances or in forms or packings for retail sale, for medical, surgical or veterinary use

3005 (Harmonized System 1992 for 4-digit)

2023
World Trade $10BRnk 365 / 1217
2023
Top Exporter | Top Importer $2.61B | $1.61BChina | United States
2023
Product Complexity 0.68Rnk 294 / 1044
2022 - 2023
Export Growth (CAGR) -2.38%Rnk 482 / 1217
2023
Share of World Trade 0.044%Rnk 365 / 1217

About

Overview This page contains the latest trade data of Bandages. In 2023, Bandages were the world's 365th most traded product, with a total trade of $10B. Between 2022 and 2023 the exports of Bandages decreased by -2.38%, from $10.3B to $10B. Trade in Bandages represent 0.044% of total world trade.

Bandages are a part of Pharmaceutical products. They include Medical dressings etc except those with adhesive laye and Medical dressings etc. having an adhesive layer.

Exports In 2023 the top exporters of Bandages  were China ($2.61B), United States ($1.07B), Germany ($951M), United Kingdom ($766M), and Netherlands ($443M).

Imports In 2023 the top importers of Bandages were United States ($1.61B), Germany ($1.02B), Netherlands ($700M), France ($552M), and Mexico ($440M).

Ranking Bandages ranks 294th in the Product Complexity Index (PCI).

Description Wadding is a material used to absorb liquids and is often used as a dressing or padding. Gauze is a thin, woven fabric that is used to cover wounds and dressings. Bandages are pieces of cloth or paper that are used to bind wounds or injuries.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Bandages. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)China$2.61B
Top Destination (2023)United States$1.61B

In 2023 Bandages were the world's 365th most traded product (out of 1,217).

In 2023, the top exporters of Bandages were China ($2.61B), United States ($1.07B), Germany ($951M), United Kingdom ($766M), and Netherlands ($443M).

In 2023, the top importers of Bandages were United States ($1.61B), Germany ($1.02B), Netherlands ($700M), France ($552M), and Mexico ($440M).

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Exporters of Bandages (2023)
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Importers of Bandages (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$93M
Top Destination Growth (2022 -  2023)Germany$94.9M

Between 2022 and 2023, the exports of Bandages grew the fastest in Germany ($93M), United States ($83.9M), United Kingdom ($74.2M), Hungary ($51.8M), and Netherlands ($47.9M).

Between 2022 and 2023, the fastest growing importers of Bandages were Germany ($94.9M), Netherlands ($36.1M), Mexico ($25.7M), Thailand ($22.2M), and Malaysia ($20.8M).

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Exporters of Bandages (2022 - 2023)

Importers of Bandages (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Bandages.

In 2023, market concentration measured using Shannon Entropy, was 4.21. This means that most of the exports of Bandages are explained by 18 countries.

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Value of Exports in Bandages

Net Trade

TOP NET EXPORTER (2023)China$2.3B
TOP NET IMPORTER (2023)United States$538M

This map shows which countries export or import more of Bandages. Each country is colored based on the difference in exports and imports of Bandages during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Bandages were China ($2.3B), United Kingdom ($348M), Czechia ($289M), Finland ($277M), and Hungary ($245M).

In 2023, the countries that had a largest trade value in imports than in exports of Bandages were United States ($538M), Netherlands ($256M), France ($240M), Mexico ($235M), and Canada ($210M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Bandages, disaggragated by their HS6 level were Medical dressings etc. having an adhesive... ($5.16B) and Medical dressings etc except those with... ($4.87B)

HS6 Disaggregation for Bandages (2023)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Bandages.
It is possible to select the main countries that export or import Bandages in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Bandages by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALFrance+ $25M
TOP IMPORT POTENTIALGermany+ $12M

Bandages’s highest export potential is France. With an export gap of $25M.  Bandages’s highest import potential is Germany with an import gap of $12M.

See methodology.

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Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

Related Products

This visualization shows products that are likely to be exported by countries that export Bandages.

Country by Relatedness

The following visualization shows the relatedness of Bandages to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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