Aichi2020 Economic Complexity : 0.93, Rank 1 of 41
Dec 2022 Trade Exports | Imports: ¥ 1.63T | ¥ 846B, 1 of 41 | 5 of 41
Dec 2022 Country Destination | Origin: United States | China , ¥ 444B | ¥ 193B
Overview This page contains the latest international trade data for Aichi. In N/A Aichi was the number 1 in total exports and the number 5 in total imports in Japan.
Economic Complexity In 2020, the highest complexity exports of Aichi according to the product complexity index (PCI) are Metalworking Transfer Machines (2.43), Metal Lathes (1.75), Non-Mechanical Removal Machinery (1.75), Blown Glass (1.29), and Textile Fiber Machinery (0.97). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Historical Data
#permalink to sectionExports Dynamics
#permalink to sectionFastest Growing Exports Destination (Dec 2021 - Dec 2022)
- Saudi Arabia , ¥ 23.7B (165%)
- India , ¥ 21.2B (122%)
- United Arab Emirates , ¥ 14.8B (86%)
Imports Dynamics
#permalink to sectionFastest Growing Import Origins (Dec 2021 - Dec 2022)
- Australia , ¥ 31.9B (62.2%)
- South Africa , ¥ 13.6B (823%)
- United States , ¥ 12.9B (19.1%)
Economic Complexity
#permalink to sectionEconomic Complexity of Aichi
#permalink to sectionEconomic Complexity (2022): 0.93
Aichi ranks 1st out of the 41 prefectures in Japan according to ECI.
The Economic Complexity Index, or ECI, is a measure of an economy’s capacity which can be inferred from data connecting locations to the activities that are present in them. For more info about Economic Complexity, visit the Economic Complexity page.
Estimated using exports data.
Economic Complexity Ranking
#permalink to sectionThe economic complexity of a territory can change year to year. Aichi it is in position 1st considering its ECI in the last year.
Export Opportunities by Relatedness
#permalink to sectionThe top export opportunities according to the relatedness level, without considering those products were Aichi already has a comparative advantage, are led by Developed Exposed Photographic Material (0.28), Cermets (0.27), Photo Lab Equipment (0.26), Artificial Textile Machinery (0.25), and Blank Audio Media (0.25).
Most Complex Products by PCI
#permalink to sectionThe highest complexity exports of Aichi according to the product complexity index (PCI) are Metalworking Transfer Machines (2.43), Metal Lathes (1.75), Non-Mechanical Removal Machinery (1.75), Blown Glass (1.29), and Textile Fiber Machinery (0.97). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Most Specialized Products by RCA Index
#permalink to sectionThe most specialized products according to the RCA index are led by Blown Glass (42.4), Metal Lathes (24.4), Textile Fiber Machinery (24.2), Metalworking Transfer Machines (21.7), and Friction Material (21.7).
Product Space
#permalink to sectionThe 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 Aichi 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.
Diversification Frontier
#permalink to sectionThe 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. Bubble size corresponds to exports value by year 2020.
