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Exports In 2022, India exported $3.29M in Other Musical Instruments, making it the 9th largest exporter of Other Musical Instruments in the world. At the same year, Other Musical Instruments was the 1002nd most exported product in India. The main destination of Other Musical Instruments exports from India are: Germany ($2.47M), United Kingdom ($256k), United States ($60.8k), Malaysia ($47.4k), and France ($43.9k).

The fastest growing export markets for Other Musical Instruments of India between 2021 and 2022 were United Kingdom ($228k), France ($24.8k), and Malaysia ($23.3k).

Imports In 2022, India imported $1.9M in Other Musical Instruments, becoming the 19th largest importer of Other Musical Instruments in the world. At the same year, Other Musical Instruments was the 1060th most imported product in India. India imports Other Musical Instruments primarily from: China ($1.47M), Malaysia ($220k), Canada ($117k), Switzerland ($38.3k), and Chinese Taipei ($14k).

The fastest growing import markets in Other Musical Instruments for India between 2021 and 2022 were Canada ($109k), Switzerland ($38.3k), and United Kingdom ($4.93k).

COMPANIES In 2023, leading companies such as Mystic Apparel (2) were at the forefront of shipping Other Musical Instruments from India to the United States.

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 Other 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 (2022)$3.29M
IMPORTS (2022)$1.9M
NET TRADE (2022)$1.39M

In 2022, India exported $3.29M in Other Musical Instruments. The main destinations of India exports on Other Musical Instruments were Germany ($2.47M), United Kingdom ($256k), United States ($60.8k), Malaysia ($47.4k), and France ($43.9k).

In 2022, India imported $1.9M in Other Musical Instruments, mainly from China ($1.47M), Malaysia ($220k), Canada ($117k), Switzerland ($38.3k), and Chinese Taipei ($14k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Musical Instruments EXPORT MARKETS FOR India WERE (2021 - 2022):
United Kingdom$228k (801%)
France$24.8k (129%)
Malaysia$23.3k (96.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Musical Instruments BY India WERE (2021 - 2022):
Germany-$387k (-13.5%)
Maldives-$45.3k (-93.4%)
Canada-$18.8k (-42.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Other Musical Instruments were:
In 2022, India's main importing competitors in Other Musical Instruments were:

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Trade Value of Other Musical Instruments by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $124k
TOP IMPORT POTENTIALChina+ $735k

Other Musical Instruments’s highest export potential is United States. With an export gap of $124k.   Other Musical Instruments’s highest import potential is China with an import gap of $735k.

See methodology.

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