Bandages in Canada | The Observatory of Economic Complexity

About

Exports In 2022, Canada exported $42.8M in Bandages, making it the 30th largest exporter of Bandages in the world. At the same year, Bandages was the 521st most exported product in Canada. The main destination of Bandages exports from Canada are: United States ($23.4M), Canada ($6.58M), Belgium ($3.72M), Australia ($1.08M), and Netherlands ($974k).

The fastest growing export markets for Bandages of Canada between 2021 and 2022 were United States ($1.93M), Poland ($492k), and Australia ($427k).

Imports In 2022, Canada imported $232M in Bandages, becoming the 12th largest importer of Bandages in the world. At the same year, Bandages was the 371st most imported product in Canada. Canada imports Bandages primarily from: United States ($108M), China ($41.2M), United Kingdom ($28.2M), Germany ($8.04M), and Canada ($6.58M).

The fastest growing import markets in Bandages for Canada between 2021 and 2022 were United States ($7.26M), Hungary ($2.14M), and China ($1.71M).

Latest Trends

February 2024

About

Overview In February 2024 Canada's Bandages exports accounted up to C$3.39M and imports accounted up to C$27.8M, resulting in a negative trade balance of C$24.4M. Between February 2023 and February 2024 the exports of Canada's Bandages have increased by C$1.02M (43.1%) from C$2.37M to C$3.39M, while imports increased by C$345k (1.25%) from C$27.5M to C$27.8M.

Destinations In February 2024, Bandages were exported mostly to United States (C$2.14M), Belgium (C$854k), Ireland (C$122k), United Arab Emirates (C$79.8k), and Australia (C$78.6k), and were imported mostly from United States (C$11.6M), China (C$4.75M), United Kingdom (C$3.75M), Finland (C$1.19M), and Germany (C$1.19M).

Growth In February 2024, the increase in Bandages's year-by-year exports was explained primarily by an increase in exports to Chile (C$28.6k or 40.7%), Switzerland (C$25.3k or 1.2k%), and Colombia (C$9.28k or 247%). In February 2024, the increase in Bandages's year-by-year imports was explained primarily by an increase in imports from Germany (C$6.33M or 731%), United States (C$1.72M or 24.1%), and Hungary (C$501k or 74.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)C$1.02M(43.1%)

IMPORT GROWTH (February 2023 - February 2024)C$345k(1.25%)

MAIN EXPORTER (February 2024)OntarioC$2.66M

MAIN DESTINATION (February 2024)United StatesC$2.14M

This section shows Bandages's exports and imports data at subnational level for Canada. 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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$42.8M

IMPORTS (2022)$232M

NET TRADE (2022)-$189M

In 2022, Canada exported $42.8M in Bandages. The main destinations of Canada exports on Bandages were United States ($23.4M), Canada ($6.58M), Belgium ($3.72M), Australia ($1.08M), and Netherlands ($974k).

In 2022, Canada imported $232M in Bandages, mainly from United States ($108M), China ($41.2M), United Kingdom ($28.2M), Germany ($8.04M), and Canada ($6.58M).

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