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920790 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.61BRnk 1695 / 4648
2022
Top Exporter | Top Importer $424M | $440MChina | United States
2022
Product Complexity 0.97Rnk 809 / 4653
2021 - 2022
Export Growth (CAGR) 20.6%Rnk 761 / 4648
2022
Share of World Trade 0.0068%Rnk 1695 / 4648

About

Overview This page contains the latest trade data of Musical instruments nes, electric/requiring amplifier. In 2022, Musical instruments nes, electric/requiring amplifier were the world's 1695th most traded product, with a total trade of $1.61B. Between 2021 and 2022 the exports of Musical instruments nes, electric/requiring amplifier grew by 20.6%, from $1.34B to $1.61B. Trade in Musical instruments nes, electric/requiring amplifier represent 0.0068% of total world trade.

Musical instruments nes, electric/requiring amplifier are a part of Electric Musical Instruments.

Exports In 2022 the top exporters of Musical instruments nes, electric/requiring amplifier  were China ($424M), Indonesia ($281M), United States ($220M), Germany ($146M), and Mexico ($133M).

Imports In 2022 the top importers of Musical instruments nes, electric/requiring amplifier were United States ($440M), Germany ($154M), United Kingdom ($119M), Netherlands ($91.2M), and Japan ($83M).

Ranking Musical instruments nes, electric/requiring amplifier ranks 809th in the Product Complexity Index (PCI).

Description Musical instruments can be used to play music for entertainment purposes, to create ambiance or to accompany dance. Electric instruments require an amplifier to be heard.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Musical instruments nes, electric/requiring amplifier. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)China$424M
Top Destination (2022)United States$440M

In 2022 Musical instruments nes, electric/requiring amplifier were the world's 1695th most traded product (out of 4,648).

In 2022, the top exporters of Musical instruments nes, electric/requiring amplifier were China ($424M), Indonesia ($281M), United States ($220M), Germany ($146M), and Mexico ($133M).

In 2022, the top importers of Musical instruments nes, electric/requiring amplifier were United States ($440M), Germany ($154M), United Kingdom ($119M), Netherlands ($91.2M), and Japan ($83M).

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Exporters of Musical instruments nes, electric/requiring amplifier (2022)
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Importers of Musical instruments nes, electric/requiring amplifier (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Mexico$97.4M
Top Destination Growth (2021 -  2022)United States$119M

Between 2021 and 2022, the exports of Musical instruments nes, electric/requiring amplifier grew the fastest in Mexico ($97.4M), China ($79.5M), Germany ($71.2M), Indonesia ($46.3M), and United States ($36.4M).

Between 2021 and 2022, the fastest growing importers of Musical instruments nes, electric/requiring amplifier were United States ($119M), China ($21.7M), United Kingdom ($18.9M), France ($18.8M), and Canada ($12.4M).

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Exporters of Musical instruments nes, electric/requiring amplifier (2021 - 2022)

Importers of Musical instruments nes, electric/requiring amplifier (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Musical instruments nes, electric/requiring amplifier.

In 2022, market concentration measured using Shannon Entropy, was 3.43. This means that most of the exports of Musical instruments nes, electric/requiring amplifier are explained by 10 countries.

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Value of Exports in Musical instruments nes, electric/requiring amplifier

Net Trade

TOP NET EXPORTER (2022)China$366M
TOP NET IMPORTER (2022)United States$219M

This map shows which countries export or import more of Musical instruments nes, electric/requiring amplifier. Each country is colored based on the difference in exports and imports of Musical instruments nes, electric/requiring amplifier during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Musical instruments nes, electric/requiring amplifier were China ($366M), Indonesia ($275M), Mexico ($112M), Malaysia ($58.3M), and South Korea ($11.8M).

In 2022, the countries that had a largest trade value in imports than in exports of Musical instruments nes, electric/requiring amplifier were United States ($219M), United Kingdom ($89.8M), Canada ($57.7M), Australia ($57.4M), and France ($51.5M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Musical instruments nes, electric/requiring amplifier.
It is possible to select the main countries that export or import Musical instruments nes, electric/requiring amplifier in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Musical instruments nes, electric/requiring amplifier by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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