Akita

Prefecture in Tōhoku Region of Japan

Exports (2019): ¥ 73.8B, Rnk 32/41

Top Destination (2019): ¥ 17.2B, China

Top Export (2019): ¥ 12.5B, Filtering/purifying machinery for liquids nes

Imports (2019): ¥ 189B, Rnk 25/41

Top Origin (2019): ¥ 27.9B, Australia

Top Import (2019): ¥ 43.4B, Zinc ores and concentrates

Economic Complexity (2019): 0.12, Rnk 32 / 41

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

Exports: In 2019, Japan's Akita exported ¥ 73.8B, making it the 32nd largest exporter out of the 41 exporters in Japan. In 2019 the top exports of Akita were Filtering/purifying machinery for liquids nes (¥ 12.5B), Zinc, not alloyed, unwrought, >99% pure (¥ 7.54B), Paper & paperboard: uncoated, testliner (recycled... (¥ 6.65B), Machines and mechanical appliances nes (¥ 5.6B), and Zinc plates, sheets, strip and foil (¥ 5.1B).

Imports: In 2019, Japan's Akita imported ¥ 189B, making it the 25th largest importer out of the 41 importers in Japan. In 2019 top imports of Akita were Zinc ores and concentrates (¥ 43.4B), Bituminous coal, not agglomerated (¥ 37.2B), Waste and scrap of precious metals:... (¥ 20.6B), Silver ores and concentrates (¥ 7.51B), and Waste and scrap of precious metals:... (¥ 7.28B).

Economic Complexity: In 2019, the highest complexity exports of Akita according to the product complexity index (PCI) are Non-Mechanical Removal Machinery (2.04), Machinery Having Individual Functions (2.02), Cutting Blades (1.51), Other Measuring Instruments (1.44), and Liquid Pumps (1.38). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Yearly Exports

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Top Destination (2019): China, ¥ 17.2B

Top Product (2019): Filtering/purifying machinery for liquids nes, ¥ 12.5B

In 2019 the top export destinations of Akita were China (¥ 17.2B), United States (¥ 12.1B), Thailand (¥ 6.64B), Philippines (¥ 4.67B), and Indonesia (¥ 4.66B).

In 2019 the top exports of Akita were Filtering/purifying machinery for liquids nes (¥ 12.5B), Zinc, not alloyed, unwrought, >99% pure (¥ 7.54B), Paper & paperboard: uncoated, testliner (recycled... (¥ 6.65B), Machines and mechanical appliances nes (¥ 5.6B), and Zinc plates, sheets, strip and foil (¥ 5.1B).

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Export Dynamics

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Fastest Growing Exports Destination (June 2019 - June 2020)

Rapidly Declining Export Origins (June 2019 - June 2020)

Yearly Imports

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Top Origin (2019): Australia, ¥ 27.9B

Top Import (2019): Zinc ores and concentrates, ¥ 43.4B

In 2019 the top import origins of Akita were Australia (¥ 27.9B), China (¥ 22.7B), Bolivia (¥ 20.6B), United States (¥ 18.5B), and Czechia (¥ 16B).

In 2019 the top imports of Akita were Zinc ores and concentrates (¥ 43.4B), Bituminous coal, not agglomerated (¥ 37.2B), Waste and scrap of precious metals:... (¥ 20.6B), Silver ores and concentrates (¥ 7.51B), and Waste and scrap of precious metals:... (¥ 7.28B).

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Import Dynamics

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Fastest Growing Import Origins (June 2019 - June 2020)

Rapidly Declining Import Origins (June 2019 - June 2020)

Comparison in Time

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

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

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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 (0.051), Metalworking Machine Parts (0.051), Other Heating Machinery (0.05), and Iron Springs (0.05).

Most Complex Products by PCI

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The highest complexity exports of Akita according to the product complexity index (PCI) are Non-Mechanical Removal Machinery (2.04), Machinery Having Individual Functions (2.02), Cutting Blades (1.51), Other Measuring Instruments (1.44), and Liquid Pumps (1.38). 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), Laboratory Glassware (214), Raw Zinc (192), Other Uncoated Paper (121), and Uncoated Paper (44.9).

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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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.