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Pricing

Musical instrument parts (for example, mechanisms for musical boxes) and accessories (for example, cards, discs and rolls for mechanical instruments); metronomes, tuning forks and pitch pipes

9209 (Harmonized System 1992 for 4-digit)

2022
World Trade $1.79BRnk 813 / 1218
2022
Top Exporter | Top Importer $367M | $309MChina | United States
2022
Product Complexity 1.36Rnk 71 / 1033
2021 - 2022
Export Growth (CAGR) -0.91%Rnk 904 / 1218
2022
Share of World Trade 0.0075%Rnk 813 / 1218

About

Overview This page contains the latest trade data of Musical Instrument Parts. In 2022, Musical Instrument Parts were the world's 813th most traded product, with a total trade of $1.79B. Between 2021 and 2022 the exports of Musical Instrument Parts decreased by -0.91%, from $1.8B to $1.79B. Trade in Musical Instrument Parts represent 0.0075% of total world trade.

Musical Instrument Parts are a part of Musical instruments. They include Parts and accessories for the musical instruments nes, Parts/accessories for electric amplified instruments, Parts and accessories for string musical instruments, Strings, musical instrument, Parts and accessories for pianos, Mechanisms for musical boxes, Metronomes, tuning forks and pitch pipes, and Parts and accessories for pipe organs, harmoniums, et.

Exports In 2022 the top exporters of Musical Instrument Parts  were China ($367M), United States ($290M), Germany ($217M), Chinese Taipei ($105M), and Japan ($102M).

Imports In 2022 the top importers of Musical Instrument Parts were United States ($309M), Germany ($168M), China ($160M), Indonesia ($160M), and Japan ($147M).

Ranking Musical Instrument Parts ranks 71st in the Product Complexity Index (PCI).

Description Parts and accessories for musical instruments are used in the production of other goods. They can be made from a variety of materials, including wood, metal, plastic, rubber, and glass.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Musical Instrument Parts. Countries are shown based on data availability.

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

Explore Latest Trends

* 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 (2022)China$367M
Top Destination (2022)United States$309M

In 2022 Musical Instrument Parts were the world's 813th most traded product (out of 1,218).

In 2022, the top exporters of Musical Instrument Parts were China ($367M), United States ($290M), Germany ($217M), Chinese Taipei ($105M), and Japan ($102M).

In 2022, the top importers of Musical Instrument Parts were United States ($309M), Germany ($168M), China ($160M), Indonesia ($160M), and Japan ($147M).

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Exporters of Musical Instrument Parts (2022)
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Importers of Musical Instrument Parts (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Germany$27.8M
Top Destination Growth (2021 -  2022)Japan$9.45M

Between 2021 and 2022, the exports of Musical Instrument Parts grew the fastest in Germany ($27.8M), Chinese Taipei ($16.7M), United States ($15.8M), Japan ($6.71M), and France ($6.12M).

Between 2021 and 2022, the fastest growing importers of Musical Instrument Parts were Japan ($9.45M), Australia ($7.68M), France ($7.3M), Canada ($7.11M), and Mexico ($5.34M).

Explore Visualizations

Exporters of Musical Instrument Parts (2021 - 2022)

Importers of Musical Instrument Parts (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Musical Instrument Parts.

In 2022, market concentration measured using Shannon Entropy, was 4.05. This means that most of the exports of Musical Instrument Parts are explained by 16 countries.

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Value of Exports in Musical Instrument Parts

Net Trade

TOP NET EXPORTER (2022)China$207M
TOP NET IMPORTER (2022)Indonesia$91M

This map shows which countries export or import more of Musical Instrument Parts. Each country is colored based on the difference in exports and imports of Musical Instrument Parts during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Musical Instrument Parts were China ($207M), Chinese Taipei ($90.6M), Germany ($49.2M), South Korea ($47.5M), and Italy ($24.4M).

In 2022, the countries that had a largest trade value in imports than in exports of Musical Instrument Parts were Indonesia ($91M), Japan ($45.3M), United Kingdom ($39.4M), Australia ($31.3M), and Spain ($20.7M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Musical Instrument Parts, disaggragated by their HS6 level were Parts and accessories for the musical... ($551M), Parts/accessories for electric amplified instruments ($545M), Strings, musical instrument ($257M), Parts and accessories for string musical... ($232M), and Parts and accessories for pianos ($203M)

HS6 Disaggregation for Musical Instrument Parts (2022)
[Click to Select]

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Musical Instrument Parts 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 (2022)

Related Products

This visualization shows products that are likely to be exported by countries that export Musical Instrument Parts.

Country by Relatedness

The following visualization shows the relatedness of Musical Instrument Parts to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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