2023
Exports
$609MWorld Rnk 2 / 171
Flag Rnk 83 / 1192
2023
PRODUCT COMPLEXITY IN Electric Musical Instruments
0.37Rnk 425 / 1025
2023
Imports
$17.4MWorld Rnk 32 / 211
Flag Rnk 695 / 1210
2023
ECONOMIC COMPLEXITY of Indonesia
-0.085Rnk 65 / 132

About

Exports In 2023, Indonesia exported $609M in Electric Musical Instruments, making it the 2nd largest exporter of Electric Musical Instruments in the world. At the same year, Electric Musical Instruments was the 83rd most exported product in Indonesia. The main destination of Electric Musical Instruments exports from Indonesia are: United States ($156M), Germany ($106M), China ($45.3M), Japan ($41.1M), and United Kingdom ($32.5M).

The fastest growing export markets for Electric Musical Instruments of Indonesia between 2022 and 2023 were Turkey ($3.11M), Kazakhstan ($2.45M), and Thailand ($1.75M).

Imports In 2023, Indonesia imported $17.4M in Electric Musical Instruments, becoming the 32nd largest importer of Electric Musical Instruments in the world. At the same year, Electric Musical Instruments was the 695th most imported product in Indonesia. Indonesia imports Electric Musical Instruments primarily from: China ($9.55M), United States ($2.26M), Malaysia ($1.42M), India ($1.27M), and Japan ($814k).

The fastest growing import markets in Electric Musical Instruments for Indonesia between 2022 and 2023 were China ($1.81M), United States ($1.23M), and Mexico ($505k).

Latest Trends

Jan 2025

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Electric Musical Instruments. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$609M
IMPORTS (2023)$17.4M
NET TRADE (2023)$592M

In 2023, Indonesia exported $609M in Electric Musical Instruments. The main destinations of Indonesia exports on Electric Musical Instruments were United States ($156M), Germany ($106M), China ($45.3M), Japan ($41.1M), and United Kingdom ($32.5M).

In 2023, Indonesia imported $17.4M in Electric Musical Instruments, mainly from China ($9.55M), United States ($2.26M), Malaysia ($1.42M), India ($1.27M), and Japan ($814k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electric Musical Instruments EXPORT MARKETS FOR Indonesia WERE (2022 - 2023):
Turkey$3.11M (33%)
Kazakhstan$2.45M (180%)
Thailand$1.75M (49.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Musical Instruments BY Indonesia WERE (2022 - 2023):
United States-$57.8M (-27%)
Germany-$37.2M (-25.9%)
South Korea-$16.1M (-55.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Indonesia's main exporting competitors in Electric Musical Instruments were:
In 2023, Indonesia's main importing competitors in Electric Musical Instruments were:

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Trade Value of Electric Musical Instruments by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $10M
TOP IMPORT POTENTIALChina+ $2.53M

Electric Musical Instruments’s highest export potential is China. With an export gap of $10M.   Electric Musical Instruments’s highest import potential is China with an import gap of $2.53M.

See methodology.

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