Chūbu

Region in Japan

2019
Economic
Complexity
: 0.97, Rank 1 of 8

Feb 2021
Trade
Exports | Imports
: ¥ 1.42T | ¥ 707B, 2 of 8 | 3 of 8

Feb 2021
Country
Destination | Origin
: United States | China , ¥ 346B  | ¥ 177B

Feb 2021
Product
Exports | Imports
: Cars | Petroleum Gas , ¥ 368B  | ¥ 109B

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

Exports: In 2020, Japan's Chūbu exported ¥ 15.9T, making it the 3rd largest exporter out of the 8 exporters in Japan. In 2020 the top exports of Chūbu were Vehicles; with both spark-ignition internal combustion... (¥ 1.35T), Transmissions for motor vehicles (¥ 1.26T), Large Sized Cars (¥ 1.24T), Medium Sized Cars (¥ 1.14T), and Commodities not specified according to kind (¥ 425B).

Imports: In 2020, Japan's Chūbu imported ¥ 7.82T, making it the 3rd largest importer out of the 8 importers in Japan. In 2020 top imports of Chūbu were Natural gas, liquefied (¥ 571B), Ignition/other wiring sets for vehicles/aircraft/ship (¥ 213B), Medium Sized Cars (¥ 193B), Petroleum oils, oils from bituminous minerals,... (¥ 175B), and Bituminous coal, not agglomerated (¥ 121B).

Economic Complexity: In 2019, the highest complexity exports of Chūbu according to the product complexity index (PCI) are Metalworking Transfer Machines (2.32), Photographic Chemicals (2.16), Photographic Film (1.96), Machinery Having Individual Functions (1.93), and Metal Lathes (1.88). 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 Chūbu'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): United States, ¥ 4.21T

Top Product (2020): Vehicles; with both spark-ignition internal combustion..., ¥ 1.35T

In 2020 the top export destinations of Chūbu were United States (¥ 4.21T), China (¥ 2.93T), Thailand (¥ 709B), Taiwan (¥ 519B), and South Korea (¥ 489B).

In 2020 the top exports of Chūbu were Vehicles; with both spark-ignition internal combustion... (¥ 1.35T), Transmissions for motor vehicles (¥ 1.26T), Large Sized Cars (¥ 1.24T), Medium Sized Cars (¥ 1.14T), and Commodities not specified according to kind (¥ 425B).

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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, ¥ 2.1T

Top Import (2020): Natural gas, liquefied, ¥ 571B

In 2020 the top import origins of Chūbu were China (¥ 2.1T), United States (¥ 856B), Thailand (¥ 463B), Vietnam (¥ 416B), and Germany (¥ 380B).

In 2020 the top imports of Chūbu were Natural gas, liquefied (¥ 571B), Ignition/other wiring sets for vehicles/aircraft/ship (¥ 213B), Medium Sized Cars (¥ 193B), Petroleum oils, oils from bituminous minerals,... (¥ 175B), and Bituminous coal, not agglomerated (¥ 121B).

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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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Chūbu ranks 1st out of the 8 regions 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. Chūbu it is in position 1st 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 Chūbu already has a comparative advantage, are led by Developed Exposed Photographic Material (0.34), Halides (0.32), Photo Lab Equipment (0.29), Disc Chemicals for Electronics (0.28), and Tool Plates (0.28).

Most Complex Products by PCI

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The highest complexity exports of Chūbu according to the product complexity index (PCI) are Metalworking Transfer Machines (2.32), Photographic Chemicals (2.16), Photographic Film (1.96), Machinery Having Individual Functions (1.93), and Metal Lathes (1.88). 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 Blown Glass (50.7), Pianos (24.4), Looms (21.1), Metal Lathes (19.2), and Metalworking Transfer Machines (15.4).

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