Akita

Prefecture in Tōhoku Region of Japan

2019
Economic
Complexity
: 0.097, Rank 32 of 41

Feb 2021
Trade
Exports | Imports
: ¥ 4.58B | ¥ 14B, 33 of 41 | 25 of 41

Feb 2021
Country
Destination | Origin
: China | United States , ¥ 1.42B  | ¥ 3.94B

Feb 2021
Product
Exports | Imports
: Raw Zinc | Precious Metal Scraps , ¥ 1.26B  | ¥ 4.39B

Overview: This page contains the latest international trade data for Akita, including export and import data.

Exports: In 2020, Japan's Akita exported ¥ 65.2B, making it the 32nd largest exporter out of the 41 exporters in Japan. In 2020 the top exports of Akita were Zinc, not alloyed, unwrought, >99% pure (¥ 12.4B), Filtering/purifying machinery for liquids nes (¥ 7.18B), Paper & paperboard: uncoated, testliner (recycled... (¥ 5.73B), Machines and mechanical appliances nes (¥ 5.54B), and Steering wheels, columns & boxes for... (¥ 3.44B).

Imports: In 2020, Japan's Akita imported ¥ 137B, making it the 27th largest importer out of the 41 importers in Japan. In 2020 top imports of Akita were Bituminous coal, not agglomerated (¥ 31.3B), Zinc ores and concentrates (¥ 27.5B), Waste and scrap of precious metals:... (¥ 17.1B), Waste and scrap of precious metals:... (¥ 9.55B), and Silver ores and concentrates (¥ 6.01B).

Economic Complexity: In 2019, the highest complexity exports of Akita according to the product complexity index (PCI) are Machinery Having Individual Functions (1.93), Other Measuring Instruments (1.86), Non-Mechanical Removal Machinery (1.78), Cutting Blades (1.47), and Liquid Pumps (1.39). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Comparison in Time

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Flow
Value

This section shows the differences between Akita's total subnational aggregate trade throughout time. To explore the trade patterns of the country, visit Japan's country profile.

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Yearly Exports

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Value
Depth

Top Destination (2020): China, ¥ 14.2B

Top Product (2020): Zinc, not alloyed, unwrought, >99% pure, ¥ 12.4B

In 2020 the top export destinations of Akita were China (¥ 14.2B), United States (¥ 8.51B), Thailand (¥ 5.18B), Malaysia (¥ 4.34B), and Vietnam (¥ 4.23B).

In 2020 the top exports of Akita were Zinc, not alloyed, unwrought, >99% pure (¥ 12.4B), Filtering/purifying machinery for liquids nes (¥ 7.18B), Paper & paperboard: uncoated, testliner (recycled... (¥ 5.73B), Machines and mechanical appliances nes (¥ 5.54B), and Steering wheels, columns & boxes for... (¥ 3.44B).

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Exports Dynamics

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Fastest Growing Exports Destination (Feb 2020 - Feb 2021)

Rapidly Declining Export Origins (Feb 2020 - Feb 2021)

Yearly Imports

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Value
Depth

Top Origin (2020): United States, ¥ 22.6B

Top Import (2020): Bituminous coal, not agglomerated, ¥ 31.3B

In 2020 the top import origins of Akita were United States (¥ 22.6B), Australia (¥ 21.6B), Russia (¥ 11.5B), Bolivia (¥ 11.2B), and China (¥ 10.2B).

In 2020 the top imports of Akita were Bituminous coal, not agglomerated (¥ 31.3B), Zinc ores and concentrates (¥ 27.5B), Waste and scrap of precious metals:... (¥ 17.1B), Waste and scrap of precious metals:... (¥ 9.55B), and Silver ores and concentrates (¥ 6.01B).

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Imports Dynamics

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Fastest Growing Import Origins (Feb 2020 - Feb 2021)

Rapidly Declining Import Origins (Feb 2020 - Feb 2021)

Economic Complexity

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Economic Complexity of Japan

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Akita ranks 32nd out of the 41 prefectures in Japan according to ECI.

Estimated using exports data.

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Economic Complexity Ranking

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Scale

The economic complexity of a territory can change year to year. Akita it is in position 32nd considering its ECI in the last year.

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Export Opportunities by Relatedness

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The top export opportunities according to the relatedness level, without considering those products were Akita already has a comparative advantage, are led by Electrical Lighting and Signalling Equipment (0.053), Transmissions (0.052), Metalworking Machine Parts (0.051), Iron Springs (0.051), and Cars (0.051).

Most Complex Products by PCI

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The highest complexity exports of Akita according to the product complexity index (PCI) are Machinery Having Individual Functions (1.93), Other Measuring Instruments (1.86), Non-Mechanical Removal Machinery (1.78), Cutting Blades (1.47), and Liquid Pumps (1.39). 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 Zinc Sheets (N/A), Zinc Powder (327), Raw Zinc (188), Laboratory Glassware (140), and Other Uncoated Paper (117).

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 Akita 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  Akita. These are products that tend to be co-exported with the products that Akita 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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Depth
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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.