Pianos in Japan 2021 Exports | Imports : $382M | $25.9M, World Rnk 1 / 146 Rnk 242 / 1206 | World Rnk 8 / 198 Rnk 848 / 1213
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $41.7M | $2.91M, China | Germany
2021 ECONOMIC COMPLEXITY of Japan: 2.06, Rnk 1 / 131
2021 PRODUCT COMPLEXITY IN Pianos: 0.9, Rnk 209 / 1024
Exports In 2021, Japan exported $382M in Pianos, making it the 1st largest exporter of Pianos in the world. At the same year, Pianos was the 242nd most exported product in Japan. The main destination of Pianos exports from Japan are: China ($174M), United States ($49.8M), Germany ($23.5M), Australia ($19.6M), and Vietnam ($12.8M).
The fastest growing export markets for Pianos of Japan between 2020 and 2021 were China ($41.7M), United States ($10.2M), and Australia ($4.88M).
Imports In 2021, Japan imported $25.9M in Pianos, becoming the 8th largest importer of Pianos in the world. At the same year, Pianos was the 848th most imported product in Japan. Japan imports Pianos primarily from: Germany ($9.88M), Indonesia ($6.59M), United States ($2.39M), Czechia ($1.91M), and China ($1.36M).
The fastest growing import markets in Pianos for Japan between 2020 and 2021 were Germany ($2.91M), Indonesia ($1.52M), and Czechia ($1M).
May 2023
Overview In May 2023 Japan's Pianos exports accounted up to ¥3.42B and imports accounted up to ¥376M, resulting in a positive trade balance of ¥3.05B. Between May 2022 and May 2023 the exports of Japan's Pianos have decreased by ¥-109M (-3.1%) from ¥3.53B to ¥3.42B, while imports increased by ¥107M (39.5%) from ¥270M to ¥376M.
Destinations In May 2023, Pianos were exported mostly to China (¥1.29B), United States (¥456M), Germany (¥343M), Australia (¥171M), and Canada (¥170M), and were imported mostly from Germany (¥193M), United States (¥88.4M), Indonesia (¥67.7M), Czechia (¥16M), and China (¥8.52M).
Growth In May 2023, the decrease in Pianos's year-by-year exports was explained primarily by a decrease in exports to China (¥-325M or -28.4%), Taiwan (¥-39.2M or -99.4%), and Canada (¥-34.8M or -45.7%). In May 2023, the increase in Pianos's year-by-year imports was explained primarily by an increase in imports from Indonesia (¥62.3M or 180%) and Germany (¥22.5M or 57.1%).
EXPORT GROWTH (May 2022 - May 2023): ¥-109M, (-3.1%)
IMPORT GROWTH (May 2022 - May 2023): ¥107M, (39.5%)
MAIN EXPORTER (May 2023): Shizuoka, ¥2.59B
MAIN DESTINATION (May 2023): China, ¥1.29B
This section shows Pianos's exports and imports data at subnational level for Japan. 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 Pianos over time.
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EXPORTS (2021): $382M
IMPORTS (2021): $25.9M
NET TRADE (2021): $356M
In 2021, Japan exported $382M in Pianos. The main destinations of Japan exports on Pianos were China ($174M), United States ($49.8M), Germany ($23.5M), Australia ($19.6M), and Vietnam ($12.8M).
In 2021, Japan imported $25.9M in Pianos, mainly from Germany ($9.88M), Indonesia ($6.59M), United States ($2.39M), Czechia ($1.91M), and China ($1.36M).
In 2021, Japan's main importing competitors in Pianos were:
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