Overview: In 2018, Musical Instrument Parts were the world's 819th most traded product, with a total trade of $1.48B. Between 2017 and 2018 the exports of Musical Instrument Parts grew by 7.31%, from $1.38B to $1.48B. Trade in Musical Instrument Parts represent 0.0081% of total world trade.
Exports: In 2018 the top exporters of Musical Instrument Parts were China ($281M), United States ($229M), Germany ($197M), Chinese Taipei ($103M), and Japan ($95.2M).
Imports: In 2018 the top importers of Musical Instrument Parts were United States ($246M), Germany ($138M), Japan ($130M), Indonesia ($126M), and China ($106M).
Tariffs: In 2018 the average tariff for Musical Instrument Parts was 8.67%, been the 497 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Musical Instrument Parts are Iran (30%), Ethiopia (29.7%), Cameroon (29.4%), Gabon (29.4%), and Chad (29.4%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Zambia (0%), Hong Kong (0%), and Japan (0%).
Ranking: Musical Instrument Parts ranks 70th in the Product Complexity Index (PCI).