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2023
Exports $324MWorld Rnk 1 / 148
Flag Rnk 257 / 1209
2023
Destination $15.5M China
2022 - 2023
FASTEST GROWING MARKET $15.5MUnited States
2023
PRODUCT COMPLEXITY IN Pianos0.88Rnk 217 / 1025
2023
Imports $28.6MWorld Rnk 9 / 193
Flag Rnk 808 / 1209
2023
Origin $2.51M Germany
2022 - 2023
FASTEST GROWING ORIGIN $2.51MGermany
2023
ECONOMIC COMPLEXITY of Japan2.07Rnk 1 / 132

About

Exports In 2023, Japan exported $324M in Pianos, making it the 1st largest exporter of Pianos in the world. At the same year, Pianos was the 257th most exported product in Japan. The main destination of Pianos exports from Japan are: China ($95.5M), United States ($73.4M), Germany ($25M), Australia ($20M), and Canada ($15.1M).

The fastest growing export markets for Pianos of Japan between 2022 and 2023 were United States ($15.5M), Germany ($2.1M), and France ($1.75M).

Imports In 2023, Japan imported $28.6M in Pianos, becoming the 9th largest importer of Pianos in the world. At the same year, Pianos was the 808th most imported product in Japan. Japan imports Pianos primarily from: Germany ($11.6M), Indonesia ($6.09M), United States ($4.2M), China ($2.01M), and Italy ($1.5M).

The fastest growing import markets in Pianos for Japan between 2022 and 2023 were Germany ($2.51M), United States ($1.75M), and China ($947k).

COMPANIES In 2023, leading companies such as YAMAHA CORPORATION OF AMERICA (10) were at the forefront of shipping Pianos from Japan to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Japan's Pianos exports accounted up to ¥2.46B and imports accounted up to ¥330M, resulting in a positive trade balance of ¥2.13B. Between November 2023 and November 2024 the exports of Japan's   Pianos have decreased by ¥-1.41B (-36.4%) from ¥3.86B to ¥2.46B, while imports increased by ¥78.9M (31.4%) from ¥251M to ¥330M.

Destinations In November 2024, Pianos were exported mostly to China (¥836M), United States (¥388M), Germany (¥253M), Vietnam (¥148M), and Australia (¥111M), and were imported mostly from Germany (¥169M), Indonesia (¥82.5M), United States (¥71.3M), Austria (¥6.72M), and China (¥503k).

Growth In November 2024, the decrease in Pianos's year-by-year exports was explained primarily by a decrease in exports to China (¥-264M or -32.3%), United Arab Emirates (¥-27.4M or -84.9%), and Israel (¥-27.4M or -84.4%). In November 2024, the increase in Pianos's year-by-year imports was explained primarily by an increase in imports from Germany (¥98.2M or 159%), China (¥30.9M or 1.41k%), and Czechia (¥12.8M or 2.44k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)¥-1.41B(-36.4%)
IMPORT GROWTH (November 2023 - November 2024)¥78.9M(31.4%)
MAIN EXPORTER (November 2024)Shizuoka¥2.18B
MAIN DESTINATION (November 2024)China¥836M

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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Historical Data

Trade Balance

Color
EXPORTS (2023)$324M
IMPORTS (2023)$28.6M
NET TRADE (2023)$295M

In 2023, Japan exported $324M in Pianos. The main destinations of Japan exports on Pianos were China ($95.5M), United States ($73.4M), Germany ($25M), Australia ($20M), and Canada ($15.1M).

In 2023, Japan imported $28.6M in Pianos, mainly from Germany ($11.6M), Indonesia ($6.09M), United States ($4.2M), China ($2.01M), and Italy ($1.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pianos EXPORT MARKETS FOR Japan WERE (2022 - 2023):
United States$15.5M (26.7%)
Germany$2.1M (9.17%)
France$1.75M (27.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pianos BY Japan WERE (2022 - 2023):
China-$26.8M (-21.9%)
Australia-$2.48M (-11%)
Hong Kong-$1.43M (-15.3%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Japan's main exporting competitors in Pianos were:
Germany $212M
Indonesia $149M
In 2023, Japan's main importing competitors in Pianos were:
China $195M
United States $152M
Germany $57.7M

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Trade Value of Pianos by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $481k
TOP IMPORT POTENTIALChina+ $986k

Pianos’s highest export potential is Netherlands. With an export gap of $481k.   Pianos’s highest import potential is China with an import gap of $986k.

See methodology.

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