2022
Exports | Imports
$1.08B | $188MWorld Rnk 2 / 200
Flag Rnk 39 / 96
World Rnk 11 / 224
Flag Rnk 72 / 96
2022
ECONOMIC COMPLEXITY of Indonesia
-0.078Rnk 67 / 124
2022
PRODUCT COMPLEXITY IN Musical instruments
1.29Rnk 83 / 1025

About

Exports In 2022, Indonesia exported $1.08B in Musical instruments, making it the 2nd largest exporter of Musical instruments in the world. At the same year, Musical instruments was the 39th most exported product in Indonesia. The main destination of Musical instruments exports from Indonesia are: United States ($285M), Germany ($165M), Japan ($115M), China ($100M), and United Kingdom ($47.5M).

The fastest growing export markets for Musical instruments of Indonesia between 2021 and 2022 were United States ($75.2M), Germany ($53.7M), and United Arab Emirates ($10.2M).

Imports In 2022, Indonesia imported $188M in Musical instruments, becoming the 11th largest importer of Musical instruments in the world. At the same year, Musical instruments was the 72nd most imported product in Indonesia. Indonesia imports Musical instruments primarily from: China ($72.3M), Japan ($41.3M), South Korea ($40.5M), United States ($13.1M), and Hong Kong ($3.55M).

The fastest growing import markets in Musical instruments for Indonesia between 2021 and 2022 were Japan ($6.49M), Malaysia ($1.24M), and India ($1.07M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Musical instruments from Indonesia to the United States.

Latest Trends

Jan 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 Musical instruments. 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)$1.08B
IMPORTS (2022)$188M
NET TRADE (2022)$896M

In 2022, Indonesia exported $1.08B in Musical instruments. The main destinations of Indonesia exports on Musical instruments were United States ($285M), Germany ($165M), Japan ($115M), China ($100M), and United Kingdom ($47.5M).

In 2022, Indonesia imported $188M in Musical instruments, mainly from China ($72.3M), Japan ($41.3M), South Korea ($40.5M), United States ($13.1M), and Hong Kong ($3.55M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Musical instruments EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
United States$75.2M (35.9%)
Germany$53.7M (48.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Musical instruments BY Indonesia WERE (2021 - 2022):
Russia-$12M (-73.1%)
Austria-$8.56M (-98%)
China-$7.64M (-7.07%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Musical instruments were:
China $2.53B
Germany $1.01B
In 2022, Indonesia's main importing competitors in Musical instruments were:

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Trade Value of Musical instruments by Exporters

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