Latest trade
$7.4BGlobal sector valueHS2 sector intelligence
Musical instruments
sector trade overview
A clear view of the musical instruments economy: scale, momentum, market concentration, leading routes, and the products within it.
Explore the workspace Reported trade intelligence
Refreshed 2026-07-20
Refreshed 2026-07-20
The numbers at a glanceLatest reported year · 2024
Annual change
-0.7%Latest year on yearExporters
194Active reporting countriesImporters
200Active reporting countriesHS6 products
17Classifications in sectorThe sector read
$7.4B in trade, with -2.8% annualized growth over three years.
Musical instruments is recorded across 7,763 active corridors, with 194 exporters and 200 importers in the latest available year.
Market signalStable+1.1% five-year CAGR
Annual trend
Momentum across three decades
Reported global trade from 1995 to 2024. Missing years remain unavailable rather than estimated. Read the methodology ↗
Top trade corridors
Where this sector moves
The leading exporter-to-importer relationships by latest reported sector trade value. See data sources ↗
Latest reported relationshipsTop 10 by trade value
| Rank | Exporter | Importer | Trade value | Growth | HS6 | Distance | FTA |
|---|---|---|---|---|---|---|---|
| 1 | ChinaCHN | USA, Puerto Rico and US Virgin IslandsUSA | $584.3M | -2.9% | 17 | 11,883 km | No |
| 2 | ChinaCHN | GermanyDEU | $200.8M | -7% | 17 | 8,415 km | No |
| 3 | IndonesiaIDN | USA, Puerto Rico and US Virgin IslandsUSA | $190.5M | -0.5% | 16 | 16,181 km | No |
| 4 | JapanJPN | USA, Puerto Rico and US Virgin IslandsUSA | $170.6M | +7.2% | 17 | 10,872 km | No |
| 5 | ChinaCHN | JapanJPN | $130.1M | -5.3% | 17 | 1,763 km | No |
| 6 | ChinaCHN | MalaysiaMYS | $114.0M | +34.6% | 17 | 3,737 km | Yes |
| 7 | USA, Puerto Rico and US Virgin IslandsUSA | NetherlandsNLD | $108.4M | +6.9% | 17 | 5,877 km | No |
| 8 | IndonesiaIDN | JapanJPN | $104.1M | -1.3% | 15 | 5,772 km | Yes |
| 9 | JapanJPN | ChinaCHN | $102.9M | -20.9% | 17 | 1,763 km | No |
| 10 | MexicoMEX | USA, Puerto Rico and US Virgin IslandsUSA | $102.5M | -2.1% | 15 | 3,359 km | Yes |
Market structure
Where supply and demand concentrate
Exporter and importer rankings are separated so scale on one side of the market is not mistaken for demand on the other. Check coverage ↗
Top exporters2024 ranking
| Rank | Country | Exports | Partners | HS6 |
|---|---|---|---|---|
| 1 | ChinaCHN | $2.2B | 193 | 17 |
| 2 | USA, Puerto Rico and US Virgin IslandsUSA | $838.4M | 170 | 17 |
| 3 | GermanyDEU | $818.7M | 163 | 17 |
| 4 | IndonesiaIDN | $748.5M | 133 | 17 |
| 5 | JapanJPN | $570.2M | 142 | 17 |
| 6 | FranceFRA | $256.7M | 156 | 17 |
| 7 | MalaysiaMYS | $212.2M | 116 | 17 |
| 8 | NetherlandsNLD | $196.2M | 132 | 17 |
| 9 | TaiwanTWN | $176.3M | 125 | 17 |
| 10 | ItalyITA | $156.5M | 135 | 17 |
Top importers2024 ranking
| Rank | Country | Imports | Partners | HS6 |
|---|---|---|---|---|
| 1 | USA, Puerto Rico and US Virgin IslandsUSA | $1.6B | 130 | 17 |
| 2 | GermanyDEU | $698.6M | 119 | 17 |
| 3 | JapanJPN | $482.4M | 85 | 17 |
| 4 | ChinaCHN | $338.5M | 85 | 17 |
| 5 | United KingdomGBR | $317.1M | 111 | 17 |
| 6 | FranceFRA | $306.4M | 132 | 17 |
| 7 | NetherlandsNLD | $298.3M | 102 | 17 |
| 8 | CanadaCAN | $224.9M | 115 | 17 |
| 9 | Republic of KoreaKOR | $185.3M | 84 | 17 |
| 10 | AustraliaAUS | $165.5M | 90 | 17 |
HS6 product coverage
The classifications inside this sector
Explore the six-digit product classifications that make up HS2 92.
23 classifications shownBrowse the product workspace ↗
Musical instruments: pianos, upright, including automatic pianosHS6 920110
Musical instruments: pianos, grandHS6 920120
Musical instruments: harpsichords and other keyboard stringed instruments n.e.s. in heading no. 9201HS6 920190
Musical instruments: string, played with a bow (eg violins)HS6 920210
Musical instruments: string, played other than with a bow (e.g. guitars and harps)HS6 920290
Musical instruments: keyboard pipe organs, harmoniums and similar keyboard instruments with free metal reedsHS6 920300
Musical instruments: accordions and similar instrumentsHS6 920410
Musical instruments: mouth organsHS6 920420
Musical instruments: wind, brass (e.g. trumpets)HS6 920510
Musical instruments: wind, other than brass (eg clarinets, bagpipes)HS6 920590
Musical instruments: percussion (e.g. drums, xylophones, cymbals, castanets, maracas)HS6 920600
Musical instruments: keyboard, (other than accordions), the sound of which is produced or must be amplified electricallyHS6 920710
Musical instruments: (other than keyboard), the sound of which is produced or must be amplified electricallyHS6 920790
Musical boxesHS6 920810
Fairground and mechanical street organs, mechanical singing birds, musical saws and musical instruments nes in chapter 92: decoy calls of all kinds: whistles: call horns and other mouth-blown sound signalling instrumentsHS6 920890
Musical instruments: parts and accessories, metronomes, tuning forks and pitch pipesHS6 920910
Musical boxes: parts, mechanismsHS6 920920
Musical instrument stringsHS6 920930
Musical instruments: parts and accessories for pianosHS6 920991
Musical instruments: parts and accessories for string musical instruments other than keyboard instrumentsHS6 920992
Musical instruments: parts and accessories for non-stringed keyboard instrumentsHS6 920993
Musical instruments: parts and accessories for the musical instruments the sound of which is produced or must be amplified electrically (e.g. organs, guitars and accordions)HS6 920994
Musical instruments: parts and accessories for the musical instruments n.e.s. in heading no. 9209 and for other mechanical noise makers of chapter 92, n.e.s. in heading no. 9202HS6 920999
Definitions and coverage
Read the numbers with context
Clear definitions keep reported observations and calculated indicators in their proper context. Read our Responsible AI principles ↗
Reported values
Trade values describe reported merchandise trade for the HS2 classification. They are not company-level sales, retail quotes, or shipment records.
Calculated indicators
Growth, concentration, volatility, and peak comparisons are calculated from reported observations and should be read with their coverage period.
Missing data
A missing observation remains unavailable. It is not filled, interpolated, or presented as a forecast.
Coverage: 1995–2024 · Data refreshed 2026-07-20 09:34:08
Data source
OECD trade statistics with CEPII context
OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.