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Musical instruments; percussion (e.g. drums, xylophones, cymbals, castanets, maracas)

9206 (Harmonized System 1992 for 4-digit)

2023
World Trade $491MRnk 1043 / 1217
2023
Top Exporter | Top Importer $173M | $128MChina | United States
2022 - 2023
Export Growth (CAGR) -7.13%Rnk 650 / 1217
2023
Share of World Trade 0.0022%Rnk 1043 / 1217

About

Overview This page contains the latest trade data of Percussion. In 2023, Percussion were the world's 1043rd most traded product, with a total trade of $491M. Between 2022 and 2023 the exports of Percussion decreased by -7.13%, from $529M to $491M. Trade in Percussion represent 0.0022% of total world trade.

Percussion are a part of Musical instruments. They include Percussion musical instruments.

Exports In 2023 the top exporters of Percussion  were China ($173M), United States ($52.5M), Germany ($49.9M), Chinese Taipei ($47.2M), and Netherlands ($25.3M).

Imports In 2023 the top importers of Percussion were United States ($128M), Germany ($59.1M), Netherlands ($22.7M), United Kingdom ($20.9M), and Japan ($16.4M).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Percussion. 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$173M
Top Destination (2023)United States$128M

In 2023 Percussion were the world's 1043rd most traded product (out of 1,217).

In 2023, the top exporters of Percussion were China ($173M), United States ($52.5M), Germany ($49.9M), Chinese Taipei ($47.2M), and Netherlands ($25.3M).

In 2023, the top importers of Percussion were United States ($128M), Germany ($59.1M), Netherlands ($22.7M), United Kingdom ($20.9M), and Japan ($16.4M).

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Exporters of Percussion (2023)
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Importers of Percussion (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$5.57M
Top Destination Growth (2022 -  2023)Philippines$3.3M

Between 2022 and 2023, the exports of Percussion grew the fastest in United States ($5.57M), Japan ($1.73M), France ($1.21M), Italy ($1.07M), and United Kingdom ($805k).

Between 2022 and 2023, the fastest growing importers of Percussion were Philippines ($3.3M), Australia ($3.12M), Netherlands ($2.22M), China ($1.7M), and Malaysia ($1.61M).

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Exporters of Percussion (2022 - 2023)

Importers of Percussion (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Percussion.

In 2023, market concentration measured using Shannon Entropy, was 3.58. This means that most of the exports of Percussion are explained by 11 countries.

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Value of Exports in Percussion

Net Trade

TOP NET EXPORTER (2023)China$157M
TOP NET IMPORTER (2023)United States$75.4M

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

In 2023, the countries that had a largest trade value in exports than in imports of Percussion were China ($157M), Chinese Taipei ($43.4M), Thailand ($14.4M), Turkey ($13.5M), and Indonesia ($6.66M).

In 2023, the countries that had a largest trade value in imports than in exports of Percussion were United States ($75.4M), United Kingdom ($15.8M), Australia ($15.5M), South Korea ($10.9M), and Germany ($9.17M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Percussion by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALJapan+ $1.45M
TOP IMPORT POTENTIALGermany+ $429k

Percussion’s highest export potential is Japan. With an export gap of $1.45M.  Percussion’s highest import potential is Germany with an import gap of $429k.

See methodology.

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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)

Country by Relatedness

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

Relative Relatedness by Country (2023)

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