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Pianos: top exporters and importers (2024)

In 2024, world trade in pianos totaled $698 million (48 thousand tonnes). The top exporters were Japan (37%), Germany (20%) and Indonesia (14%); the top importers were China (18%), the United States (16%) and Germany (7%). Compared with 2019, the value fell 24%.

Summary

World trade
$698million
Tonnes
48thousand tonnes
Price per tonne
$14,501
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Japan$257 million · 36.8%
  2. Germany$140 million · 20.1%
  3. Indonesia$98 million · 14.1%
  4. China$54 million · 7.8%
  5. United States$24 million · 3.5%
  6. Austria$19 million · 2.7%
  7. Italy$15 million · 2.2%
  8. Czechia$13 million · 1.8%
  9. France$9 million · 1.3%
  10. United Kingdom$8 million · 1.2%
  11. Malaysia$8 million · 1.1%
  12. South Korea$5 million · 0.67%
  13. Poland$5 million · 0.66%
  14. Spain$5 million · 0.65%
  15. Philippines$4 million · 0.59%
  16. Netherlands$4 million · 0.56%
    re-exports
  17. Belgium$3 million · 0.5%
    re-exports
  18. Hong Kong$3 million · 0.48%
    re-exports
  19. Vietnam$3 million · 0.39%
  20. Singapore$2 million · 0.3%
    re-exports

Top importers

  1. China$124 million · 17.8%
  2. United States$114 million · 16.4%
  3. Germany$50 million · 7.1%
  4. France$28 million · 4%
  5. United Kingdom$26 million · 3.7%
  6. Japan$24 million · 3.4%
  7. Canada$23 million · 3.3%
  8. Australia$20 million · 2.8%
  9. United Arab Emirates$19 million · 2.7%
  10. Italy$17 million · 2.4%
  11. North Korea$16 million · 2.4%
  12. Switzerland$15 million · 2.2%
  13. Vietnam$15 million · 2.1%
  14. South Korea$14 million · 2%
  15. Taiwan$12 million · 1.7%
  16. Malaysia$12 million · 1.7%
  17. Hong Kong$12 million · 1.7%
    re-exports
  18. Spain$11 million · 1.6%
  19. Poland$11 million · 1.6%
  20. Netherlands$11 million · 1.6%
    re-exports

Trend

Who sells it

Japan was the top exporter throughout the period

Value in USD millions. The five largest exporters in 2024.

  • Japan 257
  • Germany 140
  • Indonesia 98.2
  • China 54.5
  • United States 24.3

Source: CEPII BACI

Show the numbers
Country19952024
Japan217257
Germany84.7140
Indonesia8.598.2
China15.754.5
United States15.924.3

Price

Implied price

The price per tonne rose 41% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $14,501

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$10,255
1996$10,637
1997$9,269
1998$9,888
1999$9,547
2000$12,141
2001$12,026
2002$11,954
2003$13,550
2004$13,860
2005$14,219
2006$14,602
2007$12,967
2008$9,371
2009$12,944
2010$12,322
2011$14,103
2012$10,806
2013$14,916
2014$14,884
2015$13,691
2016$13,475
2017$14,016
2018$13,752
2019$12,115
2020$10,821
2021$942
2022$11,438
2023$15,177
2024$14,501

What it includes

  • 9201 · Pianos

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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