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Overview This page contains the latest international trade data for Chiba. In November 2023 Chiba was the number 2 in total exports and the number 1 in total imports in Japan.

Exports In 2022, Japan's Chiba exported ¥ 17.4T, making it the 2nd largest exporter out of the 41 exporters in Japan. In 2022 the top exports of Chiba were Commodities not specified according to kind (¥ 3.42T), Gold in unwrought forms non-monetary (¥ 1.2T), Machines and apparatus of a kind... (¥ 907B), Machines and apparatus of heading 8486:... (¥ 531B), and Light petroleum distillates nes (¥ 475B).

Imports In 2022, Japan's Chiba imported ¥ 28T, making it the 1st largest importer out of the 41 importers in Japan. In 2022 top imports of Chiba were Petroleum oils, oils from bituminous minerals,... (¥ 2.91T), Natural gas, liquefied (¥ 2.2T), Smartphones (¥ 1.84T), Electronic integrated circuits: n.e.c. in heading... (¥ 1.53T), and Medicaments nes, in dosage (¥ 1.04T).

Economic Complexity In 2022, the highest complexity exports of Chiba according to the product complexity index (PCI) are Developed Exposed Photographic Material (2.53), Photographic Chemicals (2.16), Disc Chemicals for Electronics (2.07), Photographic Film (1.98), Non-optical Microscopes (1.92), Blank Audio Media (1.91), Oscilloscopes (1.81), Silicone (1.8), Drafting Tools (1.79), and Metal Pickling Preparations (1.75). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Historical Data

Yearly Exports

Color
Depth
Top Destination (2022)China¥ 2.96T

In 2022 the top export destinations of Chiba were China (¥ 2.96T), United States (¥ 2.8T), Hong Kong (¥ 1.89T), Taiwan (¥ 1.66T), and South Korea (¥ 1.6T).

In 2022 the top exports of Chiba were Commodities not specified according to kind (¥ 3.42T), Gold in unwrought forms non-monetary (¥ 1.2T), Machines and apparatus of a kind... (¥ 907B), Machines and apparatus of heading 8486:... (¥ 531B), and Light petroleum distillates nes (¥ 475B).

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Exports Dynamics

Fastest Growing Exports Destination (Nov 2022 - Nov 2023)
China ¥ 16.3B (6.7%)
United States ¥ 15.8B (6.96%)
Hong Kong ¥ 13.2B (7.61%)
Rapidly Declining Export Origins (Nov 2022 - Nov 2023)
Taiwan ¥ -25.8B (-18.5%)
South Korea ¥ -4.99B (-3.4%)
Thailand ¥ -4.1B (-8%)

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Yearly Imports

Color
Depth
Top Origin (2022)China¥ 4.68T

In 2022 the top import origins of Chiba were China (¥ 4.68T), United States (¥ 4.25T), Taiwan (¥ 1.99T), United Arab Emirates (¥ 1.76T), and Australia (¥ 1.59T).

In 2022 the top imports of Chiba were Petroleum oils, oils from bituminous minerals,... (¥ 2.91T), Natural gas, liquefied (¥ 2.2T), Smartphones (¥ 1.84T), Electronic integrated circuits: n.e.c. in heading... (¥ 1.53T), and Medicaments nes, in dosage (¥ 1.04T).

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Imports Dynamics

Fastest Growing Import Origins (Nov 2022 - Nov 2023)
China ¥ 47.3B (12.5%)
Ireland ¥ 26.9B (64.3%)
South Korea ¥ 11.7B (23.6%)
Rapidly Declining Import Origins (Nov 2022 - Nov 2023)
Belgium ¥ -76.2B (-66.2%)
Saudi Arabia ¥ -62.9B (-58.5%)
South Africa ¥ -47.6B (-56.3%)

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Economic Complexity

Economic Complexity of Chiba

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Economic Complexity (2022)0.81

Chiba ranks 6th 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

The economic complexity of a territory can change year to year. Chiba it is in position 6th 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 Chiba already has a comparative advantage, are led by Photo Lab Equipment (0.28), Blown Glass (0.27), Cermets (0.26), Epoxides (0.26), and Halides (0.26).

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Most Complex Products by PCI

The highest complexity exports of Chiba according to the product complexity index (PCI) are Developed Exposed Photographic Material (2.53), Photographic Chemicals (2.16), Disc Chemicals for Electronics (2.07), Photographic Film (1.98), Non-optical Microscopes (1.92), Blank Audio Media (1.91), Oscilloscopes (1.81), Silicone (1.8), Drafting Tools (1.79), and Metal Pickling Preparations (1.75). 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 Watch Movements (43.80), Flat panel display modules, whether or... (38.68), Photographic Chemicals (32.05), Precious Metal Compounds (26.35), and Signaling Glassware (20.23).

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Product Space

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.

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Relatedness Space

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.

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Diversification Frontier

Depth
Filter

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.

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