Chūbu

Region in Japan

Exports (2019): ¥ 18.7T, Rnk 2/8

Top Destination (2019): ¥ 5.1T, United States

Top Export (2019): ¥ 1.7T, Medium Sized Cars

Imports (2019): ¥ 9.49T, Rnk 3/8

Top Origin (2019): ¥ 2.42T, China

Top Import (2019): ¥ 794B, Natural gas, liquefied

Economic Complexity (2019): 0.96, Rnk 1 / 8

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

Exports: In 2019, Japan's Chūbu exported ¥ 18.7T, making it the 2nd largest exporter out of the 8 exporters in Japan. In 2019 the top exports of Chūbu were Medium Sized Cars (¥ 1.7T), Large Sized Cars (¥ 1.53T), Transmissions for motor vehicles (¥ 1.5T), Vehicles; with both spark-ignition internal combustion... (¥ 1.29T), and Commodities not specified according to kind (¥ 521B).

Imports: In 2019, Japan's Chūbu imported ¥ 9.49T, making it the 3rd largest importer out of the 8 importers in Japan. In 2019 top imports of Chūbu were Natural gas, liquefied (¥ 794B), Petroleum oils, oils from bituminous minerals,... (¥ 286B), Medium Sized Cars (¥ 282B), Ignition/other wiring sets for vehicles/aircraft/ship (¥ 241B), and Bituminous coal, not agglomerated (¥ 189B).

Economic Complexity: In 2019, the highest complexity exports of Chūbu according to the product complexity index (PCI) are Metalworking Transfer Machines (2.43), Photographic Chemicals (2.17), Non-Mechanical Removal Machinery (2.04), Machinery Having Individual Functions (2.02), and Photographic Film (1.89). 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): United States, ¥ 5.1T

Top Product (2019): Medium Sized Cars, ¥ 1.7T

In 2019 the top export destinations of Chūbu were United States (¥ 5.1T), China (¥ 2.82T), Thailand (¥ 867B), South Korea (¥ 600B), and Germany (¥ 522B).

In 2019 the top exports of Chūbu were Medium Sized Cars (¥ 1.7T), Large Sized Cars (¥ 1.53T), Transmissions for motor vehicles (¥ 1.5T), Vehicles; with both spark-ignition internal combustion... (¥ 1.29T), and Commodities not specified according to kind (¥ 521B).

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Export Dynamics

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Fastest Growing Exports Destination (September 2019 - September 2020)

Rapidly Declining Export Origins (September 2019 - September 2020)

Yearly Imports

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Top Origin (2019): China, ¥ 2.42T

Top Import (2019): Natural gas, liquefied, ¥ 794B

In 2019 the top import origins of Chūbu were China (¥ 2.42T), United States (¥ 943B), Germany (¥ 575B), Thailand (¥ 507B), and Australia (¥ 470B).

In 2019 the top imports of Chūbu were Natural gas, liquefied (¥ 794B), Petroleum oils, oils from bituminous minerals,... (¥ 286B), Medium Sized Cars (¥ 282B), Ignition/other wiring sets for vehicles/aircraft/ship (¥ 241B), and Bituminous coal, not agglomerated (¥ 189B).

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Import Dynamics

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Fastest Growing Import Origins (September 2019 - September 2020)

Rapidly Declining Import Origins (September 2019 - September 2020)

Comparison in Time

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

This section shows forecasts for total exports and imports from Chūbu. 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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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 Halides (0.33), Developed Exposed Photographic Material (0.32), Cermets (0.3), Disc Chemicals for Electronics (0.29), and Photo Lab Equipment (0.29).

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 (2.43), Photographic Chemicals (2.17), Non-Mechanical Removal Machinery (2.04), Machinery Having Individual Functions (2.02), and Photographic Film (1.89). 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 (41.9), Pianos (23.9), Looms (19.9), Metal Lathes (19.2), and Metalworking Transfer Machines (14.7).

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.