Aomori | The Observatory of Economic Complexity

Aomori

Prefecture in Tōhoku Region of Japan

2023
Economic
Complexity -0.29Rank 40 of 41

Jan 2024
Trade
Exports | Imports ¥ 11B | ¥ 24.2B24 of 41 | 25 of 41

Jan 2024
Country
Destination | Origin China | United States ¥ 9.29B | ¥ 6.39B

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Latest Trends
Historical Data
Economic Complexity

About

Overview This page contains the latest international trade data for Aomori. In January 2024 Aomori was the number 28 in total exports and the number 24 in total imports in Japan.

Exports In 2023, Japan's Aomori exported ¥ 69.9B, making it the 28th largest exporter out of the 41 exporters in Japan. In 2023 the top exports of Aomori were Commodities not specified according to kind (¥ 23.4B), Tankers (¥ 22.1B), Cargo vessels other than tanker or... (¥ 16.9B), Ferrous waste or scrap, nes (¥ 7.84B), and Ferro-nickel (¥ 5.45B).

Imports In 2023, Japan's Aomori imported ¥ 344B, making it the 24th largest importer out of the 41 importers in Japan. In 2023 top imports of Aomori were Maize except seed corn (¥ 41.5B), Natural gas, liquefied (¥ 39.7B), Propane, liquefied (¥ 38.7B), Soya-bean oil-cake and other solid residues (¥ 25.5B), and Wood in chips, non-coniferous (¥ 17.3B).

Economic Complexity In 2023, the highest complexity exports of Aomori according to the product complexity index (PCI) are Organo-Sulfur Compounds (1.41), Acrylic Polymers (1.3), Combustion Engines (1.27), Other Electrical Machinery (1.12), Spark-Ignition Engines (1.06), Electrical Transformers (0.77), Iron Powder (0.71), Kaolin Coated Paper (0.69), Dyeing Finishing Agents (0.5), and Used Rubber Tires (0.39). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Latest Trends

January, 2024

About

Overview In January 2024 Aomori exported ¥11B and imported ¥24.2B, resulting in a negative trade balance of ¥13.2B. Between January 2023 and January 2024 the exports of Aomori have increased by $6.94B (170%) from ¥4.08B to ¥11B, while imports decreased by ¥-3.85B (-13.7%) from ¥28.1B to ¥24.2B.

Trade In January 2024, the top exports of Aomori were Commodities not elsewhere specified (¥8.87B), Scrap Iron (¥451M), Kaolin Coated Paper (¥428M), Semi-Finished Iron (¥229M), and Ferroalloys (¥203M). In January 2024 the top imports of Aomori were Petroleum Gas (¥9.24B), Zinc Ore (¥3.28B), Corn (¥2.87B), Fuel Wood (¥2.21B), and Refined Petroleum (¥1.12B).

Destinations In January 2024, Aomori exported mostly to China (¥9.29B), South Korea (¥525M), Taiwan (¥460M), Thailand (¥442M), and Vietnam (¥69.3M), and imported mostly from United States (¥6.39B), Malaysia (¥5.01B), Canada (¥3.2B), China (¥2.96B), and Thailand (¥1.68B).

Growth In January 2024, the increase in Aomori's year-by-year exports was explained primarily by an increase in exports to China (¥226M or 29.5%), Thailand (¥106M or 33.6%), and United Arab Emirates (¥25.8M or 146%), and product exports increase in Kaolin Coated Paper (¥110M or 38.3%), Uncoated Paper (¥72.2M or 494%), and Sulfate Chemical Woodpulp (¥28.3M or 375%). In January 2024, the decrease in Aomori's year-by-year imports was explained primarily by an decrease in imports from Malaysia (¥-5.34B or -93.5%), United States (¥-3.46B or -42.8%), and Philippines (¥-1.27B or -88.8%), and product imports decrease in Nickel Ore (¥-904M or -46.6%), Fuel Wood (¥-671M or -39.3%), and Mixed Mineral or Chemical Fertilizers (¥-656M or -97.2%).

Latest Data

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

Product

EXPORT GROWTH (January 2023 - January 2024)¥6.94B(170%)

IMPORT GROWTH (January 2023 - January 2024)¥-3.85B(-13.7%)

This section shows exports and imports data at subnational level for Aomori. Click any date in the line plot, any subnational region in the geomap, or any product, destination or origin country to explore the exports or imports behavior of Aomori over time.

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Historical Data

Yearly Exports

Color

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

Year

Top Destination (2023)Panama¥ 27.1B

Top Product (2023)Commodities not specified according to kind¥ 23.4B

In 2023 the top export destinations of Aomori were Panama (¥ 27.1B), China (¥ 24.5B), South Korea (¥ 13.2B), Marshall Islands (¥ 11.9B), and Singapore (¥ 7.53B).

In 2023 the top exports of Aomori were Commodities not specified according to kind (¥ 23.4B), Tankers (¥ 22.1B), Cargo vessels other than tanker or... (¥ 16.9B), Ferrous waste or scrap, nes (¥ 7.84B), and Ferro-nickel (¥ 5.45B).

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Exports Dynamics

Starting Date

Ending Date

Fastest Growing Exports Destination (Jan 2023 - Jan 2024)

China ¥ 8.3B (837%)

Taiwan ¥ 448M (3.83k%)

South Korea ¥ 140M (36.5%)

Rapidly Declining Export Origins (Jan 2023 - Jan 2024)

Vietnam ¥ -15M (-17.8%)

United Arab Emirates ¥ -8.6M (-19.7%)

Cambodia ¥ -7.76M (-77.5%)

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Yearly Imports

Color

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

Year

Top Origin (2023)United States¥ 67.9B

Top Import (2023)Maize except seed corn¥ 41.5B

In 2023 the top import origins of Aomori were United States (¥ 67.9B), Australia (¥ 55.6B), Brazil (¥ 44.7B), China (¥ 30.3B), and Canada (¥ 18.6B).

In 2023 the top imports of Aomori were Maize except seed corn (¥ 41.5B), Natural gas, liquefied (¥ 39.7B), Propane, liquefied (¥ 38.7B), Soya-bean oil-cake and other solid residues (¥ 25.5B), and Wood in chips, non-coniferous (¥ 17.3B).

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Imports Dynamics

Starting Date

Ending Date

Fastest Growing Import Origins (Jan 2023 - Jan 2024)

Malaysia ¥ 4.64B (1.25k%)

United States ¥ 1.76B (38.1%)

China ¥ 1.35B (84%)

Rapidly Declining Import Origins (Jan 2023 - Jan 2024)

Australia ¥ -8.41B (-85.8%)

Brazil ¥ -4.62B (-86.5%)

New Caledonia ¥ -801M (-77.2%)

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Economic Complexity

Economic Complexity of Aomori

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Geomap

Treemap

Economic Complexity (2023)-0.29

Aomori ranks 40th 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.

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Economic Complexity Ranking

Value

Ranking

Value

The economic complexity of a territory can change year to year. Aomori it is in position 40th considering its ECI in the last year.

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Export Opportunities by Relatedness

The top export opportunities according to the relatedness level, without considering those products were Aomori already has a comparative advantage, are led by Fish: dried, salted, smoked or in... (0.043), Sawn Wood (0.043), Scrap Copper (0.041), Processed Fish (0.041), and Scrap Aluminium (0.04).

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Most Complex Products by PCI

The highest complexity exports of Aomori according to the product complexity index (PCI) are Organo-Sulfur Compounds (1.41), Acrylic Polymers (1.3), Combustion Engines (1.27), Other Electrical Machinery (1.12), Spark-Ignition Engines (1.06), Electrical Transformers (0.77), Iron Powder (0.71), Kaolin Coated Paper (0.69), Dyeing Finishing Agents (0.5), and Used Rubber Tires (0.39). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

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Most Specialized Products by RCA Index

The most specialized products according to the RCA index are led by Passenger and Cargo Ships (111.17), Kaolin Coated Paper (42.38), Scrap Iron (33.78), Molluscs (33.07), and Scrap Waste (30.57).

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Product Space

RCA Filter

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 Aomori 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.

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Relatedness Space

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

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Diversification Frontier

Depth

Section

HS2

HS4

Filter

All

RCA≤1

RCA>1

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. Bubble size corresponds to exports value by year 2020.