Pianos in United States | The Observatory of Economic Complexity

About

Exports In 2022, United States exported $34.6M in Pianos, making it the 5th largest exporter of Pianos in the world. At the same year, Pianos was the 910th most exported product in United States. The main destination of Pianos exports from United States are: Canada ($17.5M), Japan ($2.44M), China ($1.82M), Poland ($1.74M), and Germany ($1.58M).

Imports In 2022, United States imported $147M in Pianos, becoming the 2nd largest importer of Pianos in the world. At the same year, Pianos was the 809th most imported product in United States. United States imports Pianos primarily from: Japan ($54.7M), Indonesia ($38M), China ($18.9M), Germany ($14.3M), and Italy ($3.66M).

The fastest growing import markets in Pianos for United States between 2021 and 2022 were Indonesia ($9.44M), Japan ($4.91M), and China ($3.13M).

COMPANIES In 2023, leading companies such as CrimsonLogic (91), YAMAHA CORPORATION OF AMERICA (10), and Melissa & Doug (4) were at the forefront of shipping Pianos to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Pianos exports accounted up to $1.52M and imports accounted up to $10.4M, resulting in a negative trade balance of $8.87M. Between June 2023 and June 2024 the exports of United States' Pianos have decreased by $-2.99M (-66.3%) from $4.51M to $1.52M, while imports decreased by $-535k (-4.9%) from $10.9M to $10.4M.

Destinations In June 2024, Pianos were exported mostly to Canada ($728k), China ($258k), Mexico ($186k), Japan ($129k), and Colombia ($67.6k), and were imported mostly from Japan ($6.28M), Indonesia ($1.96M), Austria ($632k), China ($618k), and Germany ($348k).

Growth In June 2024, the decrease in Pianos's year-by-year exports was explained primarily by a decrease in exports to Japan ($-121k or -74.3%), China ($-101k or -75.4%), and Mexico ($-25.5k or -23.2%). In June 2024, the decrease in Pianos's year-by-year imports was explained primarily by a decrease in imports from Japan ($-1.69M or -29.6%), Austria ($-1.11M or -99.4%), and China ($-845k or -44.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)$-2.99M(-66.3%)

IMPORT GROWTH (June 2023 - June 2024)$-535k(-4.9%)

MAIN EXPORTER (June 2024)New York$3.22M

MAIN DESTINATION (June 2024)Canada$728k

This section shows Pianos's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Pianos over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$34.6M

IMPORTS (2022)$147M

NET TRADE (2022)-$112M

In 2022, United States exported $34.6M in Pianos. The main destinations of United States exports on Pianos were Canada ($17.5M), Japan ($2.44M), China ($1.82M), Poland ($1.74M), and Germany ($1.58M).

In 2022, United States imported $147M in Pianos, mainly from Japan ($54.7M), Indonesia ($38M), China ($18.9M), Germany ($14.3M), and Italy ($3.66M).

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