Chiba

Prefecture in Kantō Region of Japan

Exports (2019): ¥ 11.5T, Rnk 2/41

Top Destination (2019): ¥ 2.01T, China

Top Export (2019): ¥ 2.31T, Commodities not specified according to kind

Imports (2019): ¥ 17.1T, Rnk 1/41

Top Origin (2019): ¥ 3.29T, China

Top Import (2019): ¥ 1.42T, Petroleum oils, oils from bituminous minerals,...

Economic Complexity (2019): 0.82, Rnk 4 / 41

Exports: In 2019, Japan's Chiba exported ¥ 11.5T, making it the 2nd largest exporter out of the 41 exporters in Japan. In 2019 the top exports of Chiba were Commodities not specified according to kind (¥ 2.31T), Gold in unwrought forms non-monetary (¥ 561B), Machines and apparatus of a kind... (¥ 532B), Machines and apparatus of heading 8486:... (¥ 284B), and Electronic integrated circuits: n.e.c. in heading... (¥ 219B).

Imports: In 2019, Japan's Chiba imported ¥ 17.1T, making it the 1st largest importer out of the 41 importers in Japan. In 2019 top imports of Chiba were Petroleum oils, oils from bituminous minerals,... (¥ 1.42T), Telephones for cellular networks or for... (¥ 1.16T), Natural gas, liquefied (¥ 1.04T), Medicaments nes, in dosage (¥ 690B), and Blood, human or animal, antisera, other... (¥ 557B).

Economic Complexity: In 2019, the highest complexity exports of Chiba according to the product complexity index (PCI) are Developed Exposed Photographic Material (2.52), Disc Chemicals for Electronics (2.25), Photographic Chemicals (2.17), Machinery Having Individual Functions (2.02), and Tool Plates (1.98). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Value
Depth

Top Destination (2019): China, ¥ 2.01T

Top Product (2019): Commodities not specified according to kind, ¥ 2.31T

In 2019 the top export destinations of Chiba were China (¥ 2.01T), United States (¥ 2T), Hong Kong (¥ 1.17T), Taiwan (¥ 1.01T), and South Korea (¥ 880B).

In 2019 the top exports of Chiba were Commodities not specified according to kind (¥ 2.31T), Gold in unwrought forms non-monetary (¥ 561B), Machines and apparatus of a kind... (¥ 532B), Machines and apparatus of heading 8486:... (¥ 284B), and Electronic integrated circuits: n.e.c. in heading... (¥ 219B).

Export Dynamics

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Fastest Growing Exports Destination (May 2019 - May 2020)

Rapidly Declining Export Origins (May 2019 - May 2020)

Value
Depth

Top Origin (2019): China, ¥ 3.29T

Top Import (2019): Petroleum oils, oils from bituminous minerals,..., ¥ 1.42T

In 2019 the top import origins of Chiba were China (¥ 3.29T), United States (¥ 2.77T), Germany (¥ 903B), United Arab Emirates (¥ 851B), and Taiwan (¥ 827B).

In 2019 the top imports of Chiba were Petroleum oils, oils from bituminous minerals,... (¥ 1.42T), Telephones for cellular networks or for... (¥ 1.16T), Natural gas, liquefied (¥ 1.04T), Medicaments nes, in dosage (¥ 690B), and Blood, human or animal, antisera, other... (¥ 557B).

Import Dynamics

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Fastest Growing Import Origins (May 2019 - May 2020)

Rapidly Declining Import Origins (May 2019 - May 2020)

Comparison in Time

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Flow
Value

This section shows differences between total trade from Chiba throughout time.

Comparison Map

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Value

The prefectures of Japan with the highest exports in 2019 were Aichi (¥ 16T), Chiba (¥ 11.5T), Osaka (¥ 9.49T), Kanagawa (¥ 8.2T), and Tokyo (¥ 6.17T)

The prefectures of Japan with the highest imports in 2019 were Chiba (¥ 17.1T), Tokyo (¥ 12.7T), Osaka (¥ 10.2T), Kanagawa (¥ 7.28T), and Aichi (¥ 7.22T)

This section shows forecasts for total exports and imports from Chiba. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.

Explore Forecasts

Economic Complexity

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Economic Complexity of Japan

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Chiba ranks 4th out of the 41 prefectures in Japan according to ECI.

Estimated using exports data.

Economic Complexity Ranking

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Scale

The economic complexity of a territory can change year to year. Chiba it is in position 4th considering its ECI in the last year.

Export Opportunities by Relatedness

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The top export opportunities according to the relatedness level, without considering those products were Chiba already has a comparative advantage, are led by Halides (0.3), Blown Glass (0.28), Photo Lab Equipment (0.28), Cast or Rolled Glass (0.26), and Cermets (0.26).

Most Complex Products by PCI

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The highest complexity exports of Chiba according to the product complexity index (PCI) are Developed Exposed Photographic Material (2.52), Disc Chemicals for Electronics (2.25), Photographic Chemicals (2.17), Machinery Having Individual Functions (2.02), and Tool Plates (1.98). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Most Specialized Products by RCA Index

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The most specialized products according to the RCA index are led by Watch Movements (50.1), Developed Exposed Photographic Material (28.1), Photographic Chemicals (22.8), Photographic Plates (20.9), and Signaling Glassware (19.2).

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since Chiba is more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.

Relatedness Space

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This network shows the products most related to the production structure of  Chiba. These are products that tend to be co-exported with the products that Chiba exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Diversification Frontier

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Filter
Depth

The Complexity-Relatedness diagram compares the risk and the strategic value of a territory's potential export oppotunities. Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions.