2022
Exports
$168MWorld Rnk 3 / 153
Flag Rnk 197 / 1194
2022
PRODUCT COMPLEXITY IN Pianos
0.9Rnk 205 / 1025
2022
Imports
$1.91MWorld Rnk 46 / 191
Flag Rnk 1018 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $168M in Pianos, making it the 3rd largest exporter of Pianos in the world. At the same year, Pianos was the 197th most exported product in Indonesia. The main destination of Pianos exports from Indonesia are: United States ($38M), China ($33.1M), Germany ($15.3M), United Arab Emirates ($12.3M), and Malaysia ($12.1M).

The fastest growing export markets for Pianos of Indonesia between 2021 and 2022 were United States ($9.44M), United Arab Emirates ($7.89M), and Malaysia ($3.53M).

Imports In 2022, Indonesia imported $1.91M in Pianos, becoming the 46th largest importer of Pianos in the world. At the same year, Pianos was the 1018th most imported product in Indonesia. Indonesia imports Pianos primarily from: Singapore ($543k), Japan ($499k), China ($263k), United States ($152k), and Italy ($95.7k).

The fastest growing import markets in Pianos for Indonesia between 2021 and 2022 were Japan ($291k), Singapore ($145k), and Estonia ($53.3k).

Latest Trends

Jul 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 Pianos. 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)$168M
IMPORTS (2022)$1.91M
NET TRADE (2022)$167M

In 2022, Indonesia exported $168M in Pianos. The main destinations of Indonesia exports on Pianos were United States ($38M), China ($33.1M), Germany ($15.3M), United Arab Emirates ($12.3M), and Malaysia ($12.1M).

In 2022, Indonesia imported $1.91M in Pianos, mainly from Singapore ($543k), Japan ($499k), China ($263k), United States ($152k), and Italy ($95.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pianos EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
United States$9.44M (33%)
Malaysia$3.53M (41.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pianos BY Indonesia WERE (2021 - 2022):
China-$10.5M (-24%)
Germany-$3.54M (-18.8%)
Russia-$1.68M (-89.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Pianos were:
In 2022, Indonesia's main importing competitors in Pianos were:

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Trade Value of Pianos by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $6.23M
TOP IMPORT POTENTIALJapan+ $273k

Pianos’s highest export potential is China. With an export gap of $6.23M.   Pianos’s highest import potential is Japan with an import gap of $273k.

See methodology.

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