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920994 (Harmonized System 1992 for 6-digit)

2023
World Trade $457MRnk 2944 / 4644
2023
Top Exporter | Top Importer $110M | $91.9MChina | United States
2023
Product Complexity 0.89Rnk 978 / 4656
2022 - 2023
Export Growth (CAGR) -19.4%Rnk 3640 / 4644
2023
Share of World Trade 0.002%Rnk 2944 / 4644

About

Overview This page contains the latest trade data of Parts/accessories for electric amplified instruments. In 2023, Parts/accessories for electric amplified instruments were the world's 2944th most traded product, with a total trade of $457M. Between 2022 and 2023 the exports of Parts/accessories for electric amplified instruments decreased by -19.4%, from $567M to $457M. Trade in Parts/accessories for electric amplified instruments represent 0.002% of total world trade.

Parts/accessories for electric amplified instruments are a part of Musical Instrument Parts.

Exports In 2023 the top exporters of Parts/accessories for electric amplified instruments  were China ($110M), United States ($57.8M), South Korea ($41.3M), Germany ($40.7M), and Hong Kong ($37M).

Imports In 2023 the top importers of Parts/accessories for electric amplified instruments were United States ($91.9M), Indonesia ($49.8M), China ($46.7M), Germany ($35.7M), and Japan ($22.9M).

Ranking Parts/accessories for electric amplified instruments ranks 978th in the Product Complexity Index (PCI).

Description Electric amplified instruments are often used in a wide variety of settings due to the deep and rich sound that they produce. These instruments tend to be used most commonly in concert settings, as they are amplified and can be heard over an orchestra or band. Electric amplified instruments are often used in jazz, pop, and rock music as well.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Parts/accessories for electric amplified instruments. 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$110M
Top Destination (2023)United States$91.9M

In 2023 Parts/accessories for electric amplified instruments were the world's 2944th most traded product (out of 4,644).

In 2023, the top exporters of Parts/accessories for electric amplified instruments were China ($110M), United States ($57.8M), South Korea ($41.3M), Germany ($40.7M), and Hong Kong ($37M).

In 2023, the top importers of Parts/accessories for electric amplified instruments were United States ($91.9M), Indonesia ($49.8M), China ($46.7M), Germany ($35.7M), and Japan ($22.9M).

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Exporters of Parts/accessories for electric amplified instruments (2023)
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Importers of Parts/accessories for electric amplified instruments (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Armenia$1.33M
Top Destination Growth (2022 -  2023)Vietnam$5.3M

Between 2022 and 2023, the exports of Parts/accessories for electric amplified instruments grew the fastest in Armenia ($1.33M), Tunisia ($516k), Austria ($397k), Estonia ($350k), and Greece ($304k).

Between 2022 and 2023, the fastest growing importers of Parts/accessories for electric amplified instruments were Vietnam ($5.3M), Philippines ($2.44M), Russia ($1.33M), Portugal ($1.27M), and Austria ($1.08M).

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Exporters of Parts/accessories for electric amplified instruments (2022 - 2023)

Importers of Parts/accessories for electric amplified instruments (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Parts/accessories for electric amplified instruments.

In 2023, market concentration measured using Shannon Entropy, was 3.9. This means that most of the exports of Parts/accessories for electric amplified instruments are explained by 14 countries.

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Value of Exports in Parts/accessories for electric amplified instruments

Net Trade

TOP NET EXPORTER (2023)China$62.9M
TOP NET IMPORTER (2023)United States$34.1M

This map shows which countries export or import more of Parts/accessories for electric amplified instruments. Each country is colored based on the difference in exports and imports of Parts/accessories for electric amplified instruments during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Parts/accessories for electric amplified instruments were China ($62.9M), South Korea ($33.7M), Hong Kong ($28.2M), Malaysia ($18.5M), and Chinese Taipei ($9.94M).

In 2023, the countries that had a largest trade value in imports than in exports of Parts/accessories for electric amplified instruments were United States ($34.1M), Indonesia ($29.1M), United Kingdom ($11.2M), France ($10.8M), and India ($8.71M).

Net Trade (2023)

Country Comparison

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

Top 10 Exporters Countries of Parts/accessories for electric amplified instruments 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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