2022
Exports
$434kWorld Rnk 39 / 153
Flag Rnk 1119 / 1212
2022
PRODUCT COMPLEXITY IN Pianos
0.9Rnk 205 / 1025
2022
Imports
$2.74MWorld Rnk 38 / 191
Flag Rnk 1032 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $434k in Pianos, making it the 39th largest exporter of Pianos in the world. At the same year, Pianos was the 1119th most exported product in India. The main destination of Pianos exports from India are: United States ($86.5k), Norway ($55.7k), South Africa ($48.5k), Nepal ($37.6k), and Dominican Republic ($32.7k).

The fastest growing export markets for Pianos of India between 2021 and 2022 were South Africa ($47.6k), Dominican Republic ($32.7k), and Italy ($12.4k).

Imports In 2022, India imported $2.74M in Pianos, becoming the 38th largest importer of Pianos in the world. At the same year, Pianos was the 1032nd most imported product in India. India imports Pianos primarily from: Malaysia ($665k), China ($642k), Indonesia ($400k), Japan ($310k), and Germany ($258k).

The fastest growing import markets in Pianos for India between 2021 and 2022 were Malaysia ($208k), Germany ($175k), and United Kingdom ($167k).

Latest Trends

Jul 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 Pianos. 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)$434k
IMPORTS (2022)$2.74M
NET TRADE (2022)-$2.31M

In 2022, India exported $434k in Pianos. The main destinations of India exports on Pianos were United States ($86.5k), Norway ($55.7k), South Africa ($48.5k), Nepal ($37.6k), and Dominican Republic ($32.7k).

In 2022, India imported $2.74M in Pianos, mainly from Malaysia ($665k), China ($642k), Indonesia ($400k), Japan ($310k), and Germany ($258k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pianos EXPORT MARKETS FOR India WERE (2021 - 2022):
South Africa$47.6k (5.46k%)
Italy$12.4k (787%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pianos BY India WERE (2021 - 2022):
Norway-$137k (-71.1%)
Saudi Arabia-$100k (-100%)
Canada-$22.3k (-50.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Pianos were:
In 2022, India's main importing competitors in Pianos were:

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Trade Value of Pianos by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $133k
TOP IMPORT POTENTIALChina+ $574k

Pianos’s highest export potential is United States. With an export gap of $133k.   Pianos’s highest import potential is China with an import gap of $574k.

See methodology.

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