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2022
Exports $664MWorld Rnk 2 / 167
Flag Rnk 76 / 1194
2022
Destination $54.4M United States
2021 - 2022
FASTEST GROWING MARKET $54.4MGermany
2022
PRODUCT COMPLEXITY IN Electric Musical Instruments0.55Rnk 344 / 1025
2022
Imports $14MWorld Rnk 36 / 210
Flag Rnk 748 / 1206
2022
Origin $863kN/A
2021 - 2022
FASTEST GROWING ORIGIN $863kIndia
2022
ECONOMIC COMPLEXITY of Indonesia-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $664M in Electric Musical Instruments, making it the 2nd largest exporter of Electric Musical Instruments in the world. At the same year, Electric Musical Instruments was the 76th most exported product in Indonesia. The main destination of Electric Musical Instruments exports from Indonesia are: United States ($178M), Germany ($134M), Japan ($50.5M), China ($40M), and United Kingdom ($36.1M).

The fastest growing export markets for Electric Musical Instruments of Indonesia between 2021 and 2022 were Germany ($54.4M), United States ($49.2M), and France ($8.88M).

Imports In 2022, Indonesia imported $14M in Electric Musical Instruments, becoming the 36th largest importer of Electric Musical Instruments in the world. At the same year, Electric Musical Instruments was the 748th most imported product in Indonesia. Indonesia imports Electric Musical Instruments primarily from: N/A.

The fastest growing import markets in Electric Musical Instruments for Indonesia between 2021 and 2022 were India ($863k), United States ($613k), and Indonesia ($606k).

COMPANIES In 2023, leading companies such as YAMAHA CORPORATION OF AMERICA (4) were at the forefront of shipping Electric Musical Instruments from Indonesia to the United States.

Latest Trends

Sep 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 Electric 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)$664M
IMPORTS (2022)$14M
NET TRADE (2022)$650M

In 2022, Indonesia exported $664M in Electric Musical Instruments. The main destinations of Indonesia exports on Electric Musical Instruments were United States ($178M), Germany ($134M), Japan ($50.5M), China ($40M), and United Kingdom ($36.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Musical Instruments EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
Germany$54.4M (68.4%)
United States$49.2M (38%)
France$8.88M (40.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Musical Instruments BY Indonesia WERE (2021 - 2022):
Austria-$6.4M (-98.3%)
Russia-$5.63M (-72.6%)
Netherlands-$3.67M (-20.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Electric Musical Instruments were:
China $1.03B
Germany $306M
In 2022, Indonesia's main importing competitors in Electric Musical Instruments were:
United States $726M
Germany $398M
Japan $210M

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Trade Value of Electric Musical Instruments by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $10M
TOP IMPORT POTENTIALChina+ $2.53M

Electric Musical Instruments’s highest export potential is China. With an export gap of $10M.   Electric Musical Instruments’s highest import potential is China with an import gap of $2.53M.

See methodology.

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