2022
Exports
$527MWorld Rnk 1 / 168
Flag Rnk 572 / 1216
falsefalse United States
2022
PRODUCT COMPLEXITY IN String Instruments
0.51Rnk 362 / 1025
2022
Imports
$36.7MWorld Rnk 8 / 209
Flag Rnk 835 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $527M in String Instruments, making it the 1st largest exporter of String Instruments in the world. At the same year, String Instruments was the 572nd most exported product in China. The main destination of String Instruments exports from China are: United States ($151M), Germany ($37.4M), Japan ($23.8M), United Kingdom ($21.3M), and Thailand ($19.8M).

The fastest growing export markets for String Instruments of China between 2021 and 2022 were Thailand ($4.05M), India ($3.1M), and Singapore ($2.09M).

Imports In 2022, China imported $36.7M in String Instruments, becoming the 8th largest importer of String Instruments in the world. At the same year, String Instruments was the 835th most imported product in China. China imports String Instruments primarily from: Indonesia ($11.9M), United States ($10.7M), Mexico ($6.44M), Japan ($2.22M), and Italy ($1.25M).

COMPANIES In 2023, leading companies such as CrimsonLogic (75), Goldensee Limited (52), and YAMAHA CORPORATION OF AMERICA (15) were at the forefront of shipping String Instruments from China to the United States.

Historical Data

Trade Balance

Color
EXPORTS (2022)$527M
IMPORTS (2022)$36.7M
NET TRADE (2022)$490M

In 2022, China exported $527M in String Instruments. The main destinations of China exports on String Instruments were United States ($151M), Germany ($37.4M), Japan ($23.8M), United Kingdom ($21.3M), and Thailand ($19.8M).

In 2022, China imported $36.7M in String Instruments, mainly from Indonesia ($11.9M), United States ($10.7M), Mexico ($6.44M), Japan ($2.22M), and Italy ($1.25M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING String Instruments EXPORT MARKETS FOR China WERE (2021 - 2022):
Thailand$4.05M (25.6%)
India$3.1M (23.2%)
Singapore$2.09M (43.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF String Instruments BY China WERE (2021 - 2022):
Netherlands-$6.82M (-33.8%)
Japan-$6.04M (-20.2%)
Germany-$5.84M (-13.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in String Instruments were:
In 2022, China's main importing competitors in String Instruments were:

Explore Visualizations

Trade Value of String Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $5.45M
TOP IMPORT POTENTIALIndonesia+ $1.29M

String Instruments’s highest export potential is India. With an export gap of $5.45M.   String Instruments’s highest import potential is Indonesia with an import gap of $1.29M.

See methodology.

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