Musical instruments in   United States

Overview In November 2024 United States' Musical instruments exports accounted up to $74.2M and imports accounted up to $140M, resulting in a negative trade balance of $65.4M. Between November 2023 and November 2024 the exports of United States'   Musical instruments have decreased by $-12.7M (-14.6%) from $86.9M to $74.2M, while imports increased by $5.81M (4.34%) from $134M to $140M.

Destinations In November 2024, Musical instruments were exported mostly to Netherlands ($12.3M), Canada ($10.8M), Japan ($9.45M), Germany ($6.39M), and United Kingdom ($6.17M), and were imported mostly from China ($54M), Indonesia ($21.5M), Japan ($10.8M), Mexico ($10.3M), and Chinese Taipei ($7.67M).

Growth In November 2024, the decrease in Musical instruments's year-by-year exports was explained primarily by a decrease in exports to Hong Kong ($-1.14M or -37.6%), Australia ($-802k or -26%), and Mexico ($-670k or -24.8%). In November 2024, the increase in Musical instruments's year-by-year imports was explained primarily by an increase in imports from Germany ($1.31M or 32.6%), Chinese Taipei ($619k or 9.5%), and Thailand ($531k or 71.2%).