Bandages in China | The Observatory of Economic Complexity

About

Exports In 2022, China exported $2.84B in Bandages, making it the 1st largest exporter of Bandages in the world. At the same year, Bandages was the 241st most exported product in China. The main destination of Bandages exports from China are: United States ($720M), Germany ($207M), South Korea ($191M), United Kingdom ($172M), and Netherlands ($145M).

The fastest growing export markets for Bandages of China between 2021 and 2022 were United States ($63M), United Kingdom ($58.3M), and Germany ($54.3M).

Imports In 2022, China imported $337M in Bandages, becoming the 7th largest importer of Bandages in the world. At the same year, Bandages was the 435th most imported product in China. China imports Bandages primarily from: Japan ($122M), United States ($71M), Germany ($35.8M), South Korea ($16.8M), and Malaysia ($14.5M).

The fastest growing import markets in Bandages for China between 2021 and 2022 were United States ($14.4M), Japan ($7.57M), and Mexico ($4.59M).

COMPANIES In 2023, leading companies such as CRIMSONLOGIC US INC (5), WALGREEN CO. (4), and AMAZON SERVICES LLC (4) were at the forefront of shipping Bandages from China to the United States.

Latest Trends

March 2024

About

Overview In March 2024 China's Bandages exports accounted up to $158M and imports accounted up to $20.5M, resulting in a positive trade balance of $138M. Between March 2023 and March 2024 the exports of China's Bandages have decreased by $-22.5M (-12.5%) from $181M to $158M, while imports decreased by $-6.54M (-24.2%) from $27M to $20.5M.

Destinations In March 2024, Bandages were exported mostly to United States ($44.8M), Netherlands ($9.09M), Japan ($8.96M), Germany ($7.33M), and United Kingdom ($7.27M), and were imported mostly from United States ($6.61M), Germany ($3.52M), Mexico ($1.84M), United Kingdom ($1.73M), and Japan ($1.61M).

Growth In March 2024, the decrease in Bandages's year-by-year exports was explained primarily by a decrease in exports to South Korea ($-23M or -85.3%), United States ($-10.8M or -19.6%), and Hong Kong ($-3.57M or -52.6%). In March 2024, the decrease in Bandages's year-by-year imports was explained primarily by a decrease in imports from Japan ($-4.14M or -70.7%), Germany ($-1.4M or -42.1%), and Hungary ($-1.15M or -41.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$-22.5M(-12.5%)

IMPORT GROWTH (March 2023 - March 2024)$-6.54M(-24.2%)

MAIN EXPORTER (March 2024)Zhejiang Province$45.6M

MAIN DESTINATION (March 2024)United States$44.8M

This section shows Bandages's exports and imports data at subnational level for China. 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)$2.84B

IMPORTS (2022)$337M

NET TRADE (2022)$2.5B

In 2022, China exported $2.84B in Bandages. The main destinations of China exports on Bandages were United States ($720M), Germany ($207M), South Korea ($191M), United Kingdom ($172M), and Netherlands ($145M).

In 2022, China imported $337M in Bandages, mainly from Japan ($122M), United States ($71M), Germany ($35.8M), South Korea ($16.8M), and Malaysia ($14.5M).

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