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920810 (Harmonized System 1992 for 6-digit)

2023
World Trade $71.4MRnk 4218 / 4644
2023
Top Exporter | Top Importer $56.1M | $23.4MChina | United States
2023
Product Complexity 1.04Rnk 727 / 4656
2022 - 2023
Export Growth (CAGR) -5.52%Rnk 2155 / 4644
2023
Share of World Trade 0.00032%Rnk 4218 / 4644

About

Overview This page contains the latest trade data of Musical boxes. In 2023, Musical boxes were the world's 4218th most traded product, with a total trade of $71.4M. Between 2022 and 2023 the exports of Musical boxes decreased by -5.52%, from $75.5M to $71.4M. Trade in Musical boxes represent 0.00032% of total world trade.

Musical boxes are a part of Other Musical Instruments.

Exports In 2023 the top exporters of Musical boxes  were China ($56.1M), Germany ($2.05M), Saudi Arabia ($2.05M), Switzerland ($1.86M), and United States ($1.39M).

Imports In 2023 the top importers of Musical boxes were United States ($23.4M), South Korea ($5.43M), Japan ($4.35M), Germany ($3.57M), and France ($3.32M).

Ranking Musical boxes ranks 727th in the Product Complexity Index (PCI).

Description A musical box is a small, often rectangular, musical instrument that produces sound from a small set of metal pins that are plucked by a metal comb, or reed. The metal comb is drawn across the pins, causing vibration. The pins are arranged in a particular order and are tuned to a specific note or chord.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Musical boxes. 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$56.1M
Top Destination (2023)United States$23.4M

In 2023 Musical boxes were the world's 4218th most traded product (out of 4,644).

In 2023, the top exporters of Musical boxes were China ($56.1M), Germany ($2.05M), Saudi Arabia ($2.05M), Switzerland ($1.86M), and United States ($1.39M).

In 2023, the top importers of Musical boxes were United States ($23.4M), South Korea ($5.43M), Japan ($4.35M), Germany ($3.57M), and France ($3.32M).

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Exporters of Musical boxes (2023)
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Importers of Musical boxes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Saudi Arabia$2.04M
Top Destination Growth (2022 -  2023)United Arab Emirates$1.79M

Between 2022 and 2023, the exports of Musical boxes grew the fastest in Saudi Arabia ($2.04M), China ($993k), Chinese Taipei ($346k), Germany ($314k), and Philippines ($182k).

Between 2022 and 2023, the fastest growing importers of Musical boxes were United Arab Emirates ($1.79M), Australia ($1.51M), Chinese Taipei ($1.03M), Netherlands ($656k), and South Korea ($484k).

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Exporters of Musical boxes (2022 - 2023)

Importers of Musical boxes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Musical boxes.

In 2023, market concentration measured using Shannon Entropy, was 1.64. This means that most of the exports of Musical boxes are explained by 3 countries.

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Value of Exports in Musical boxes

Net Trade

TOP NET EXPORTER (2023)China$55.6M
TOP NET IMPORTER (2023)United States$22M

This map shows which countries export or import more of Musical boxes. Each country is colored based on the difference in exports and imports of Musical boxes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Musical boxes were China ($55.6M), Saudi Arabia ($1.88M), Switzerland ($898k), Hong Kong ($387k), and Philippines ($194k).

In 2023, the countries that had a largest trade value in imports than in exports of Musical boxes were United States ($22M), South Korea ($5.42M), Japan ($4.02M), Australia ($3.15M), and United Kingdom ($2.72M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Musical boxes 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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