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920710 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.38BRnk 1776 / 4644
2023
Top Exporter | Top Importer $535M | $245MChina | United States
2023
Product Complexity 0.29Rnk 2039 / 4656
2022 - 2023
Export Growth (CAGR) -16.9%Rnk 3412 / 4644
2023
Share of World Trade 0.0061%Rnk 1776 / 4644

About

Overview This page contains the latest trade data of Keyboard instruments electrical/requiring amplifier. In 2023, Keyboard instruments electrical/requiring amplifier were the world's 1776th most traded product, with a total trade of $1.38B. Between 2022 and 2023 the exports of Keyboard instruments electrical/requiring amplifier decreased by -16.9%, from $1.66B to $1.38B. Trade in Keyboard instruments electrical/requiring amplifier represent 0.0061% of total world trade.

Keyboard instruments electrical/requiring amplifier are a part of Electric Musical Instruments.

Exports In 2023 the top exporters of Keyboard instruments electrical/requiring amplifier  were China ($535M), Indonesia ($329M), Malaysia ($115M), Germany ($84.3M), and Sweden ($54.6M).

Imports In 2023 the top importers of Keyboard instruments electrical/requiring amplifier were United States ($245M), Germany ($173M), Japan ($91.1M), France ($84.9M), and United Kingdom ($69M).

Ranking Keyboard instruments electrical/requiring amplifier ranks 2039th in the Product Complexity Index (PCI).

Description A keyboard instrument is a musical instrument played by means of a keyboard. Common uses include providing the accompaniment for a song, playing bass lines, and providing piano or synthesizer sounds for a song.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Keyboard instruments electrical/requiring amplifier. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)China$535M
Top Destination (2023)United States$245M

In 2023 Keyboard instruments electrical/requiring amplifier were the world's 1776th most traded product (out of 4,644).

In 2023, the top exporters of Keyboard instruments electrical/requiring amplifier were China ($535M), Indonesia ($329M), Malaysia ($115M), Germany ($84.3M), and Sweden ($54.6M).

In 2023, the top importers of Keyboard instruments electrical/requiring amplifier were United States ($245M), Germany ($173M), Japan ($91.1M), France ($84.9M), and United Kingdom ($69M).

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Exporters of Keyboard instruments electrical/requiring amplifier (2023)
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Importers of Keyboard instruments electrical/requiring amplifier (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Italy$15M
Top Destination Growth (2022 -  2023)Russia$13.8M

Between 2022 and 2023, the exports of Keyboard instruments electrical/requiring amplifier grew the fastest in Italy ($15M), India ($6.29M), France ($3.91M), Armenia ($3.48M), and Kazakhstan ($2.62M).

Between 2022 and 2023, the fastest growing importers of Keyboard instruments electrical/requiring amplifier were Russia ($13.8M), Kazakhstan ($5.52M), Turkey ($4.59M), United Arab Emirates ($3.68M), and Philippines ($2.92M).

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Exporters of Keyboard instruments electrical/requiring amplifier (2022 - 2023)

Importers of Keyboard instruments electrical/requiring amplifier (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Keyboard instruments electrical/requiring amplifier.

In 2023, market concentration measured using Shannon Entropy, was 3.01. This means that most of the exports of Keyboard instruments electrical/requiring amplifier are explained by 8 countries.

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Value of Exports in Keyboard instruments electrical/requiring amplifier

Net Trade

TOP NET EXPORTER (2023)China$488M
TOP NET IMPORTER (2023)United States$222M

This map shows which countries export or import more of Keyboard instruments electrical/requiring amplifier. Each country is colored based on the difference in exports and imports of Keyboard instruments electrical/requiring amplifier during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Keyboard instruments electrical/requiring amplifier were China ($488M), Indonesia ($319M), Malaysia ($94.1M), Sweden ($39.2M), and India ($12.3M).

In 2023, the countries that had a largest trade value in imports than in exports of Keyboard instruments electrical/requiring amplifier were United States ($222M), Germany ($88.4M), Japan ($65.3M), France ($65.1M), and United Kingdom ($62.1M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Keyboard instruments electrical/requiring amplifier.
It is possible to select the main countries that export or import Keyboard instruments electrical/requiring amplifier in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Keyboard instruments electrical/requiring amplifier by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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