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Pianos; including automatic pianos, harpsichords and other keyboard stringed instruments

9201 (Harmonized System 1992 for 4-digit)

2023
World Trade $926MRnk 933 / 1217
2023
Top Exporter | Top Importer $324M | $195MJapan | China
2023
Product Complexity 0.67Rnk 297 / 1044
2022 - 2023
Export Growth (CAGR) -7.17%Rnk 653 / 1217
2023
Share of World Trade 0.0041%Rnk 933 / 1217

About

Overview This page contains the latest trade data of Pianos. In 2023, Pianos were the world's 933rd most traded product, with a total trade of $926M. Between 2022 and 2023 the exports of Pianos decreased by -7.17%, from $998M to $926M. Trade in Pianos represent 0.0041% of total world trade.

Pianos are a part of Musical instruments. They include Upright pianos, including auto-players, Grand pianos, including auto-players, and Harpsichords, keyboard stringed instruments nes.

Exports In 2023 the top exporters of Pianos  were Japan ($324M), Germany ($212M), Indonesia ($149M), China ($58.1M), and United States ($27.8M).

Imports In 2023 the top importers of Pianos were China ($195M), United States ($152M), Germany ($57.7M), France ($36.8M), and United Arab Emirates ($33.4M).

Ranking Pianos ranks 297th in the Product Complexity Index (PCI).

Description Pianos are used to play music. They can be made from a variety of materials, including wood, metal, and plastic.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Pianos. 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 (2023)Japan$324M
Top Destination (2023)China$195M

In 2023 Pianos were the world's 933rd most traded product (out of 1,217).

In 2023, the top exporters of Pianos were Japan ($324M), Germany ($212M), Indonesia ($149M), China ($58.1M), and United States ($27.8M).

In 2023, the top importers of Pianos were China ($195M), United States ($152M), Germany ($57.7M), France ($36.8M), and United Arab Emirates ($33.4M).

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Exporters of Pianos (2023)
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Importers of Pianos (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$22.5M
Top Destination Growth (2022 -  2023)Italy$16M

Between 2022 and 2023, the exports of Pianos grew the fastest in Germany ($22.5M), Italy ($2.85M), France ($1.95M), Turkey ($1.17M), and United Kingdom ($711k).

Between 2022 and 2023, the fastest growing importers of Pianos were Italy ($16M), Kazakhstan ($8.3M), North Korea ($7.03M), United Arab Emirates ($3.45M), and Netherlands ($2.68M).

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Exporters of Pianos (2022 - 2023)

Importers of Pianos (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Pianos.

In 2023, market concentration measured using Shannon Entropy, was 3. This means that most of the exports of Pianos are explained by 8 countries.

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Value of Exports in Pianos

Net Trade

TOP NET EXPORTER (2023)Japan$295M
TOP NET IMPORTER (2023)China$137M

This map shows which countries export or import more of Pianos. Each country is colored based on the difference in exports and imports of Pianos during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Pianos were Japan ($295M), Germany ($155M), Indonesia ($147M), Austria ($11M), and Czechia ($8.91M).

In 2023, the countries that had a largest trade value in imports than in exports of Pianos were China ($137M), United States ($124M), Australia ($32.6M), Canada ($31.5M), and France ($28.4M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Pianos, disaggragated by their HS6 level were Grand pianos, including auto-players ($497M), Upright pianos, including auto-players ($369M), and Harpsichords, keyboard stringed instruments nes ($60.3M)

HS6 Disaggregation for Pianos (2023)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Pianos by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALNetherlands+ $481k
TOP IMPORT POTENTIALChina+ $986k

Pianos’s highest export potential is Netherlands. With an export gap of $481k.  Pianos’s highest import potential is China with an import gap of $986k.

See methodology.

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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 (2023)

Country by Relatedness

The following visualization shows the relatedness of Pianos to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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