2022
Exports
$69.1MWorld Rnk 8 / 166
Flag Rnk 311 / 1194
2022
PRODUCT COMPLEXITY IN Musical Instrument Parts
1.19Rnk 106 / 1025
2022
Imports
$160MWorld Rnk 4 / 204
Flag Rnk 252 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $69.1M in Musical Instrument Parts, making it the 8th largest exporter of Musical Instrument Parts in the world. At the same year, Musical Instrument Parts was the 311th most exported product in Indonesia. The main destination of Musical Instrument Parts exports from Indonesia are: Japan ($38.5M), China ($13.6M), United States ($3.74M), Germany ($2.63M), and Malaysia ($1.79M).

The fastest growing export markets for Musical Instrument Parts of Indonesia between 2021 and 2022 were Japan ($5.93M), United States ($982k), and Singapore ($602k).

Imports In 2022, Indonesia imported $160M in Musical Instrument Parts, becoming the 4th largest importer of Musical Instrument Parts in the world. At the same year, Musical Instrument Parts was the 252nd most imported product in Indonesia. Indonesia imports Musical Instrument Parts primarily from: China ($56.4M), Japan ($40.4M), South Korea ($40.4M), United States ($10.7M), and Hong Kong ($3.52M).

The fastest growing import markets in Musical Instrument Parts for Indonesia between 2021 and 2022 were Japan ($6.15M), Hong Kong ($1.06M), and Malaysia ($496k).

Latest Trends

Sep 2024

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 Musical Instrument Parts. 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 (2022)$69.1M
IMPORTS (2022)$160M
NET TRADE (2022)-$91M

In 2022, Indonesia exported $69.1M in Musical Instrument Parts. The main destinations of Indonesia exports on Musical Instrument Parts were Japan ($38.5M), China ($13.6M), United States ($3.74M), Germany ($2.63M), and Malaysia ($1.79M).

In 2022, Indonesia imported $160M in Musical Instrument Parts, mainly from China ($56.4M), Japan ($40.4M), South Korea ($40.4M), United States ($10.7M), and Hong Kong ($3.52M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Musical Instrument Parts EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
Japan$5.93M (18.2%)
United States$982k (35.5%)
Singapore$602k (183%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Musical Instrument Parts BY Indonesia WERE (2021 - 2022):
China-$985k (-6.77%)
Malaysia-$939k (-34.4%)
Germany-$697k (-20.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Musical Instrument Parts were:
In 2022, Indonesia's main importing competitors in Musical Instrument Parts were:

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Trade Value of Musical Instrument Parts by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $3.34M
TOP IMPORT POTENTIALUnited States+ $1.88M

Musical Instrument Parts’s highest export potential is China. With an export gap of $3.34M.   Musical Instrument Parts’s highest import potential is United States with an import gap of $1.88M.

See methodology.

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