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Pricing

Pianos; including automatic pianos, harpsichords and other keyboard stringed instruments

9201 (Harmonized System 1992 for 4-digit)

2022
World Trade $991MRnk 940 / 1218
2022
Top Exporter | Top Importer $344M | $248MJapan | China
2022
Product Complexity 0.82Rnk 240 / 1033
2021 - 2022
Export Growth (CAGR) -5.38%Rnk 1024 / 1218
2022
Share of World Trade 0.0042%Rnk 940 / 1218

About

Overview This page contains the latest trade data of Pianos. In 2022, Pianos were the world's 940th most traded product, with a total trade of $991M. Between 2021 and 2022 the exports of Pianos decreased by -5.38%, from $1.05B to $991M. Trade in Pianos represent 0.0042% of total world trade.

Pianos are a part of Musical instruments. They include Upright pianos, including auto-players, Grand pianos, including auto-players, and Harpsichords, keyboard stringed instruments nes.

Exports In 2022 the top exporters of Pianos  were Japan ($344M), Germany ($199M), Indonesia ($168M), China ($74M), and United States ($34.6M).

Imports In 2022 the top importers of Pianos were China ($248M), United States ($147M), Germany ($62.4M), Canada ($43.4M), and United Kingdom ($38.8M).

Ranking Pianos ranks 240th in the Product Complexity Index (PCI).

Description Pianos are used to play music. They can be made from a variety of materials, including wood, metal, and plastic.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Pianos. 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)Japan$344M
Top Destination (2022)China$248M

In 2022 Pianos were the world's 940th most traded product (out of 1,218).

In 2022, the top exporters of Pianos were Japan ($344M), Germany ($199M), Indonesia ($168M), China ($74M), and United States ($34.6M).

In 2022, the top importers of Pianos were China ($248M), United States ($147M), Germany ($62.4M), Canada ($43.4M), and United Kingdom ($38.8M).

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Exporters of Pianos (2022)
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Importers of Pianos (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Indonesia$6.57M
Top Destination Growth (2021 -  2022)United States$26.4M

Between 2021 and 2022, the exports of Pianos grew the fastest in Indonesia ($6.57M), United States ($5.02M), China ($4.3M), Philippines ($3.03M), and Vietnam ($1.41M).

Between 2021 and 2022, the fastest growing importers of Pianos were United States ($26.4M), United Arab Emirates ($9.45M), Malaysia ($4.16M), Vietnam ($3.88M), and South Korea ($3.79M).

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Exporters of Pianos (2021 - 2022)

Importers of Pianos (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.07. This means that most of the exports of Pianos are explained by 8 countries.

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Value of Exports in Pianos

Net Trade

TOP NET EXPORTER (2022)Japan$316M
TOP NET IMPORTER (2022)China$174M

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

In 2022, the countries that had a largest trade value in exports than in imports of Pianos were Japan ($316M), Indonesia ($167M), Germany ($136M), Czechia ($19.1M), and Austria ($7.75M).

In 2022, the countries that had a largest trade value in imports than in exports of Pianos were China ($174M), United States ($112M), Canada ($43M), Australia ($36.9M), and France ($30.1M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Pianos, disaggragated by their HS6 level were Grand pianos, including auto-players ($477M), Upright pianos, including auto-players ($451M), and Harpsichords, keyboard stringed instruments nes ($62.9M)

HS6 Disaggregation for Pianos (2022)
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Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Pianos 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)

Country by Relatedness

The following visualization shows the relatedness of Pianos 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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