Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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Iceland | Imports and Exports | World | Musical instruments, the sound of which is produced, or must be amplified, electrically | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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The value of exports of commodity group 9207 "Musical instruments, the sound of which is produced, or must be amplified, electrically (for example, organs, guitars, accordions)" from Iceland totalled $ 1.34 thousand in 2023. Sales of commodity group 9207 from Iceland decreased by 21% in value terms compared to 2022. exports of commodity group 9207 "Musical instruments, the sound of which is produced, or must be amplified, electrically (for example, organs, guitars, accordions)" decreased by $ 374 (cumulative exports of commodity group 9207 from Iceland amounted $1.72 thousand in 2022)

Exports of commodity group 9207 amounted to 10.3% of total sales of group "" from Iceland in 2023 (the value of exports of commodity group from Iceland amounted to $12.9 thousand in 2023). The share of exports of commodity group 9207 in sales of commodity group from Iceland increased by 2.75 p.p. compared to 2022 (it was 7.63% in 2022, and exports of commodity group from Iceland were $22 thousand).

Exports of commodity group 9207 amounted to 99 percent of total sales of group "" from Iceland in 2023 (the value of exports of commodity group from Iceland amounted to 1.34 thousand USD in 2023). The share of exports of commodity group 9207 in sales of commodity group from Iceland lowered by 0 p.p. compared to 2022 (it was 100 percent in 2022, and exports of commodity group from Iceland amounted to 1.72 thousand USD).

Where does Iceland export Musical instruments, the sound of which is produced, or must be amplified, electrically (for example, organs, guitars, accordions)?

Top export destinations of "Musical instruments, the sound of which is produced, or must be amplified, electrically (for example, organs, guitars, accordions)" from Iceland in 2023:

  • United Kingdom with a share of 43% (588 US$)
  • Sweden with a share of 32% (433 US$)
  • Belgium with a share of 8.05% (108 US$)
  • Germany with a share of 8.04% (108 US$)
  • Norway with a share of 8.04% (108 US$)

Exports structure of 9207 - Musical instruments, the sound of which is produced, or must be amplified, electrically (for example, organs, guitars, accordions) - from Iceland in 2023 represented by the following main commodity groups:

  • 99% (1.34 thousand US$): 920710 - Keyboard instr. other than accordions, the sound of which is produced/must be amplified, electrically

The value of imports of commodity group 9207 "Musical instruments, the sound of which is produced, or must be amplified, electrically (for example, organs, guitars, accordions)" to Iceland totalled $ 1.54 million in 2023. Sales of commodity group 9207 to Iceland decreased by 15.5% in value terms compared to 2022. imports of commodity group 9207 "Musical instruments, the sound of which is produced, or must be amplified, electrically (for example, organs, guitars, accordions)" decreased by $ 283 thousand (the value of imports of commodity group 9207 to Iceland was equal to $1.82 million in 2022)

Imports of commodity group 9207 "Musical instruments, the sound of which is produced, or must be amplified, electrically (for example, organs, guitars, accordions)" accounted for 0.016% of total import flow to Iceland (in 2023, total imports to Iceland amounted to $ 9.47 billion). The share of commodity group 9207 in total imports to Iceland decreased by 0.002 p.p. compared to 2022 (it was 0.018% in 2022 and cumulative imports to Iceland were equal to $ 9.64 billion).

Imports of commodity group 9207 reached 33% of total imports of group "" to Iceland in 2023 (imports of commodity group to Iceland totalled $4.62 million in 2023). The share of purchases of commodity group 9207 in imports of commodity group to Iceland went down by 2.03 p.p. compared to 2022 (it was 35% in 2022, and imports of commodity group to Iceland accounted for $5.16 million).

Where does Iceland import Musical instruments, the sound of which is produced, or must be amplified, electrically (for example, organs, guitars, accordions) from?

Top trading partners (import of "Musical instruments, the sound of which is produced, or must be amplified, electrically (for example, organs, guitars, accordions)") of Iceland in 2023:

  • China with a share of 26% (416 thousand US$)
  • Indonesia with a share of 17.7% (273 thousand US$)
  • USA with a share of 9.42% (145 thousand US$)
  • Japan with a share of 8.16% (125 thousand US$)
  • Germany with a share of 6.72% (103 thousand US$)
  • United Kingdom with a share of 5.46% (84 thousand US$)
  • Mexico with a share of 5.07% (78 thousand US$)
  • Sweden with a share of 4.65% (71 thousand US$)
  • Malaysia with a share of 3.07% (47 thousand US$)
  • Netherlands with a share of 2.34% (36 thousand US$)

Imports structure of 9207 - Musical instruments, the sound of which is produced, or must be amplified, electrically (for example, organs, guitars, accordions) - to Iceland in 2023 represented by the following main commodity groups:

  • 54% (833 thousand US$): 920790 - Musical instr. (excl. keyboard instruments other than accordions), the sound of which is produced/must be amplified, electrically
  • 45% (708 thousand US$): 920710 - Keyboard instr. other than accordions, the sound of which is produced/must be amplified, electrically

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Iceland | Imports and Exports | World | Musical instruments, the sound of which is produced, or must be amplified, electrically | Value (US$) and Value Growth, YoY (%) | 2012 - 2023