Overview: This page contains the latest trade data of Musical Instrument Parts. In 2019, Musical Instrument Parts were the world's 795th most traded product, with a total trade of $1.57B. Between 2018 and 2019 the exports of Musical Instrument Parts grew by 4.72%, from $1.5B to $1.57B. Trade in Musical Instrument Parts represent 0.0087% of total world trade.
Exports: In 2019 the top exporters of Musical Instrument Parts were China ($298M), United States ($257M), Germany ($198M), Chinese Taipei ($101M), and Japan ($94.6M).
Imports: In 2019 the top importers of Musical Instrument Parts were United States ($253M), Germany ($147M), Indonesia ($142M), Japan ($141M), and China ($102M).
Tariffs: In 2018 the average tariff for Musical Instrument Parts was 8.67%, making it the 497th 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 95th 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.