ChūgokuRegion in Japan
Exports (2019): ¥ 5.03T, Rnk 5/8
Top Destination (2019): ¥ 825B, United States
Top Export (2019): ¥ 1.58T, Medium Sized Cars
Imports (2019): ¥ 4.13T, Rnk 5/8
Top Origin (2019): ¥ 657B, Australia
Top Import (2019): ¥ 838B, Petroleum oils, oils from bituminous minerals,...
Economic Complexity (2019): 0.51, Rnk 5 / 8
Overview: This page contains the latest international trade data for Chūgoku, including export and import data.
Exports: In 2019, Japan's Chūgoku exported ¥ 5.03T, making it the 5th largest exporter out of the 8 exporters in Japan. In 2019 the top exports of Chūgoku were Medium Sized Cars (¥ 1.58T), Cargo vessels other than tanker or... (¥ 229B), Light petroleum distillates nes (¥ 191B), Machines and apparatus of a kind... (¥ 116B), and P-xylene (¥ 90.6B).
Imports: In 2019, Japan's Chūgoku imported ¥ 4.13T, making it the 5th largest importer out of the 8 importers in Japan. In 2019 top imports of Chūgoku were Petroleum oils, oils from bituminous minerals,... (¥ 838B), Bituminous coal, not agglomerated (¥ 433B), Copper ores and concentrates (¥ 318B), Iron ore, concentrate, not iron pyrites,unagglomerate (¥ 260B), and Petroleum spirit for motor vehicles (¥ 244B).
Economic Complexity: In 2019, the highest complexity exports of Chūgoku according to the product complexity index (PCI) are Photographic Chemicals (2.17), Hot-Rolled Stainless Steel Bars (1.78), Halides (1.74), Non-optical Microscopes (1.69), and Metal Finishing Machines (1.67). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Top Destination (2019): United States, ¥ 825B
Top Product (2019): Medium Sized Cars, ¥ 1.58T
In 2019 the top export destinations of Chūgoku were United States (¥ 825B), China (¥ 792B), South Korea (¥ 589B), Taiwan (¥ 222B), and Thailand (¥ 214B).
In 2019 the top exports of Chūgoku were Medium Sized Cars (¥ 1.58T), Cargo vessels other than tanker or... (¥ 229B), Light petroleum distillates nes (¥ 191B), Machines and apparatus of a kind... (¥ 116B), and P-xylene (¥ 90.6B).
Fastest Growing Exports Destination (September 2019 - September 2020)
Rapidly Declining Export Origins (September 2019 - September 2020)
Top Origin (2019): Australia, ¥ 657B
Top Import (2019): Petroleum oils, oils from bituminous minerals,..., ¥ 838B
In 2019 the top import origins of Chūgoku were Australia (¥ 657B), China (¥ 582B), Saudi Arabia (¥ 457B), South Korea (¥ 324B), and United Arab Emirates (¥ 241B).
In 2019 the top imports of Chūgoku were Petroleum oils, oils from bituminous minerals,... (¥ 838B), Bituminous coal, not agglomerated (¥ 433B), Copper ores and concentrates (¥ 318B), Iron ore, concentrate, not iron pyrites,unagglomerate (¥ 260B), and Petroleum spirit for motor vehicles (¥ 244B).
Fastest Growing Import Origins (September 2019 - September 2020)
Rapidly Declining Import Origins (September 2019 - September 2020)
This section shows differences between total trade from Chūgoku throughout time.
This section shows forecasts for total exports and imports from Chūgoku. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.
Chūgoku ranks 5th out of the 8 regions in Japan according to ECI.
Estimated using exports data.
The economic complexity of a territory can change year to year. Chūgoku it is in position 5th considering its ECI in the last year.
The top export opportunities according to the relatedness level, without considering those products were Chūgoku already has a comparative advantage, are led by Disc Chemicals for Electronics (0.21), Metalworking Transfer Machines (0.2), Silicone (0.2), Glass with Edge Workings (0.19), and Electrical Parts (0.19).
The highest complexity exports of Chūgoku according to the product complexity index (PCI) are Photographic Chemicals (2.17), Hot-Rolled Stainless Steel Bars (1.78), Halides (1.74), Non-optical Microscopes (1.69), and Metal Finishing Machines (1.67). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
The most specialized products according to the RCA index are led by Hot-Rolled Stainless Steel Bars (32.8), Railway Passenger Cars (31.9), Granulated Slag (28.3), Synthetic Filament Tow (26.6), and Boiler Plants (21.5).
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 Chūgoku 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.
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.
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