Chiba

Prefecture in Kantō Region of Japan

2019
Economic
Complexity
: 0.82, Rank 4 of 41

Feb 2021
Trade
Exports | Imports
: ¥ 976B | ¥ 1.38T, 2 of 41 | 1 of 41

Feb 2021
Country
Destination | Origin
: China | China , ¥ 170B  | ¥ 281B

Feb 2021
Product
Exports | Imports
: Commodities not elsewhere specified | Telephones , ¥ 173B  | ¥ 137B

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

Exports: In 2020, Japan's Chiba exported ¥ 10.9T, making it the 2nd largest exporter out of the 41 exporters in Japan. In 2020 the top exports of Chiba were Commodities not specified according to kind (¥ 1.96T), Gold in unwrought forms non-monetary (¥ 715B), Machines and apparatus of a kind... (¥ 492B), Machines and apparatus of heading 8486:... (¥ 325B), and Electronic integrated circuits: n.e.c. in heading... (¥ 208B).

Imports: In 2020, Japan's Chiba imported ¥ 15.9T, making it the 1st largest importer out of the 41 importers in Japan. In 2020 top imports of Chiba were Telephones for cellular networks or for... (¥ 1.16T), Petroleum oils, oils from bituminous minerals,... (¥ 963B), Medicaments nes, in dosage (¥ 737B), Natural gas, liquefied (¥ 723B), and Automatic data processing machines: portable, weighing... (¥ 710B).

Economic Complexity: In 2019, the highest complexity exports of Chiba according to the product complexity index (PCI) are Developed Exposed Photographic Material (2.81), Disc Chemicals for Electronics (2.2), Photographic Chemicals (2.16), Tool Plates (1.96), and Photographic Film (1.96). 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 Chiba'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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Depth

Top Destination (2020): China, ¥ 2.19T

Top Product (2020): Commodities not specified according to kind, ¥ 1.96T

In 2020 the top export destinations of Chiba were China (¥ 2.19T), United States (¥ 1.68T), Hong Kong (¥ 1.22T), Taiwan (¥ 1.05T), and South Korea (¥ 844B).

In 2020 the top exports of Chiba were Commodities not specified according to kind (¥ 1.96T), Gold in unwrought forms non-monetary (¥ 715B), Machines and apparatus of a kind... (¥ 492B), Machines and apparatus of heading 8486:... (¥ 325B), and Electronic integrated circuits: n.e.c. in heading... (¥ 208B).

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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): China, ¥ 3.38T

Top Import (2020): Telephones for cellular networks or for..., ¥ 1.16T

In 2020 the top import origins of Chiba were China (¥ 3.38T), United States (¥ 2.43T), Taiwan (¥ 842B), Germany (¥ 799B), and Australia (¥ 544B).

In 2020 the top imports of Chiba were Telephones for cellular networks or for... (¥ 1.16T), Petroleum oils, oils from bituminous minerals,... (¥ 963B), Medicaments nes, in dosage (¥ 737B), Natural gas, liquefied (¥ 723B), and Automatic data processing machines: portable, weighing... (¥ 710B).

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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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Chiba ranks 4th 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. Chiba it is in position 4th 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 Chiba already has a comparative advantage, are led by Halides (0.32), Blown Glass (0.3), Photo Lab Equipment (0.3), Cast or Rolled Glass (0.27), and Other Nitrogen Compounds (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 (2.81), Disc Chemicals for Electronics (2.2), Photographic Chemicals (2.16), Tool Plates (1.96), and Photographic Film (1.96). 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 (56), Photographic Chemicals (23.7), Developed Exposed Photographic Material (23), Photographic Plates (21.2), and Signaling Glassware (20.1).

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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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.