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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Philippines | Imports and Exports | World | Musical instruments; parts and accessories of such articles | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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The value of exports of commodity group 92 "Musical instruments; parts and accessories of such articles" from Philippines totalled $ 14.9 million in 2023. Sales of commodity group 92 from Philippines went up by 68% compared to 2022: exports of commodity group 92 "Musical instruments; parts and accessories of such articles" went up by $ 6.07 million (cumulative exports of commodity group 92 from Philippines amounted $8.89 million in 2022)

Exports of commodity group 92 "Musical instruments; parts and accessories of such articles" amounted to 0.02% of total exports from Philippines (cumulative merchandise exports from Philippines totalled $ 72 billion in 2023). The share of commodity group 92 in total exports from Philippines increased by 0.009 p.p. compared to 2022 (it was 0.011% in 2022 and cumulative exports from Philippines were equal to $ 78 billion).

Where does Philippines export Musical instruments; parts and accessories of such articles?

Top export destinations of "Musical instruments; parts and accessories of such articles" from Philippines in 2023:

  • USA with a share of 52% (7.82 million US$)
  • Germany with a share of 33% (5 million US$)
  • United Kingdom with a share of 3.78% (567 thousand US$)
  • Japan with a share of 3.15% (471 thousand US$)
  • United Arab Emirates with a share of 1.41% (211 thousand US$)
  • Singapore with a share of 1.06% (159 thousand US$)
  • Russia - 138 thousand US$
  • China - 136 thousand US$
  • Nigeria - 88 thousand US$
  • Ecuador - 84 thousand US$

Exports structure of 92 - Musical instruments; parts and accessories of such articles - from Philippines in 2023 represented by the following main commodity groups:

  • 49% (7.47 million US$): 9207 - Musical instruments, the sound of which is produced, or must be amplified, electrically (for example, organs, guitars, accordions)
  • 43% (6.47 million US$): 9201 - Pianos, including automatic pianos; harpsichords and other keyboard stringed instruments
  • 2.98% (446 thousand US$): 9205 - Other wind musical instruments (for example, clarinets, trumpets, bagpipes)
  • 1.91% (286 thousand US$): 9208 - Musical boxes, fairground organs, mechanical street organs, mechanical singing birds, musical saws and other musical instruments not falling within any other heading of this Chapter; decoy calls of all kinds; whistles, call horns and other mouth-blown sound signalling instruments
  • 1.63% (245 thousand US$): 9209 - Musical instrument parts (for example, mechanisms for musical boxes) and accessories (for example, cards, discs and rolls for mechanical instruments); metronomes, tuning forks and pitch pipes
  • 0.183% (27 thousand US$): 9206 - Percussion musical instruments (for example, drums, xylophones, cymbals, castanets, maracas)
  • 0.124% (18.6 thousand US$): 9202 - Other string musical instruments (for example, guitars, violins, harps)

The value of imports of commodity group 92 "Musical instruments; parts and accessories of such articles" to Philippines totalled $ 24 million in 2023. Sales of commodity group 92 to Philippines went up by 41% compared to 2022: imports of commodity group 92 "Musical instruments; parts and accessories of such articles" went up by $ 7.21 million (the value of imports of commodity group 92 to Philippines was equal to $17.2 million in 2022)

Imports of commodity group 92 "Musical instruments; parts and accessories of such articles" accounted for 0.018% of total import flow to Philippines (in 2023, total imports to Philippines amounted to $ 133 billion). The share of commodity group 92 in total imports to Philippines increased by 0.006 p.p. compared to 2022 (it was 0.011% in 2022 and cumulative imports to Philippines were equal to $ 145 billion).

Where does Philippines import Musical instruments; parts and accessories of such articles from?

Top trading partners (import of "Musical instruments; parts and accessories of such articles") of Philippines in 2023:

  • China with a share of 56% (13.9 million US$)
  • Malaysia with a share of 8.59% (2.1 million US$)
  • Indonesia with a share of 7.74% (1.89 million US$)
  • Japan with a share of 7.5% (1.83 million US$)
  • USA with a share of 5.3% (1.3 million US$)
  • Singapore with a share of 5.09% (1.24 million US$)
  • Other Asia, nes with a share of 3.74% (918 thousand US$)
  • Mexico with a share of 1.37% (336 thousand US$)
  • New Zealand with a share of 1.09% (268 thousand US$)
  • India - 167 thousand US$

Imports structure of 92 - Musical instruments; parts and accessories of such articles - to Philippines in 2023 represented by the following main commodity groups:

  • 37% (9.3 million US$): 9207 - Musical instruments, the sound of which is produced, or must be amplified, electrically (for example, organs, guitars, accordions)
  • 24% (6.03 million US$): 9209 - Musical instrument parts (for example, mechanisms for musical boxes) and accessories (for example, cards, discs and rolls for mechanical instruments); metronomes, tuning forks and pitch pipes
  • 16.8% (4.11 million US$): 9202 - Other string musical instruments (for example, guitars, violins, harps)
  • 9.86% (2.41 million US$): 9201 - Pianos, including automatic pianos; harpsichords and other keyboard stringed instruments
  • 9.12% (2.23 million US$): 9206 - Percussion musical instruments (for example, drums, xylophones, cymbals, castanets, maracas)
  • 1.06% (261 thousand US$): 9205 - Other wind musical instruments (for example, clarinets, trumpets, bagpipes)
  • 0.536% (131 thousand US$): 9208 - Musical boxes, fairground organs, mechanical street organs, mechanical singing birds, musical saws and other musical instruments not falling within any other heading of this Chapter; decoy calls of all kinds; whistles, call horns and other mouth-blown sound signalling instruments

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Philippines | Imports and Exports | World | Musical instruments; parts and accessories of such articles | Value (US$) and Value Growth, YoY (%) | 2012 - 2023