Fukui

Prefecture in Chūbu Region of Japan

2019
Economic
Complexity
: 0.47, Rank 21 of 41

Feb 2021
Trade
Exports | Imports
: ¥ 6.41B | ¥ 8.91B, 28 of 41 | 28 of 41

Feb 2021
Country
Destination | Origin
: South Korea | Russia , ¥ 2.25B  | ¥ 3.65B

Feb 2021
Product
Exports | Imports
: Electromagnets | Raw Aluminium , ¥ 1.5B  | ¥ 3.54B

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

Exports: In 2020, Japan's Fukui exported ¥ 81.9B, making it the 29th largest exporter out of the 41 exporters in Japan. In 2020 the top exports of Fukui were Metal permanent magnets, articles intended as... (¥ 9.91B), Drawn glass in sheets, clear (¥ 9.69B), Electro-magnets nes and parts of magnetic... (¥ 8.94B), Chemical products, mixtures and preparations; n.e.c.... (¥ 7.17B), and Sheet/film not cellular/reinf polyethylene terephthal (¥ 3.85B).

Imports: In 2020, Japan's Fukui imported ¥ 76.9B, making it the 31st largest importer out of the 41 importers in Japan. In 2020 top imports of Fukui were Bituminous coal, not agglomerated (¥ 21.6B), Aluminium unwrought, not alloyed (¥ 16.4B), Wood in chips, non-coniferous (¥ 2.68B), Cast, drawn or float glass sheet,... (¥ 1.72B), and Chloride oxides, hydroxides of metals except... (¥ 1.66B).

Economic Complexity: In 2019, the highest complexity exports of Fukui according to the product complexity index (PCI) are Disc Chemicals for Electronics (2.2), Silicone (1.83), Metalworking Machines (1.82), Metal Finishing Machines (1.76), and Phosphoric Esters and Salts (1.59). 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 Fukui'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): South Korea, ¥ 27.6B

Top Product (2020): Metal permanent magnets, articles intended as..., ¥ 9.91B

In 2020 the top export destinations of Fukui were South Korea (¥ 27.6B), China (¥ 14.7B), Philippines (¥ 13.1B), Malaysia (¥ 5.93B), and United States (¥ 5.53B).

In 2020 the top exports of Fukui were Metal permanent magnets, articles intended as... (¥ 9.91B), Drawn glass in sheets, clear (¥ 9.69B), Electro-magnets nes and parts of magnetic... (¥ 8.94B), Chemical products, mixtures and preparations; n.e.c.... (¥ 7.17B), and Sheet/film not cellular/reinf polyethylene terephthal (¥ 3.85B).

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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): Russia, ¥ 19.5B

Top Import (2020): Bituminous coal, not agglomerated, ¥ 21.6B

In 2020 the top import origins of Fukui were Russia (¥ 19.5B), Australia (¥ 14.9B), South Korea (¥ 11.9B), China (¥ 9.73B), and Indonesia (¥ 6.7B).

In 2020 the top imports of Fukui were Bituminous coal, not agglomerated (¥ 21.6B), Aluminium unwrought, not alloyed (¥ 16.4B), Wood in chips, non-coniferous (¥ 2.68B), Cast, drawn or float glass sheet,... (¥ 1.72B), and Chloride oxides, hydroxides of metals except... (¥ 1.66B).

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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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Fukui ranks 21st 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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The economic complexity of a territory can change year to year. Fukui it is in position 21st 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 Fukui already has a comparative advantage, are led by LCDs (0.13), Prepared Pigments (0.13), Pile Fabric (0.12), Tulles and Net Fabric (0.12), and Photographic Chemicals (0.12).

Most Complex Products by PCI

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The highest complexity exports of Fukui according to the product complexity index (PCI) are Disc Chemicals for Electronics (2.2), Silicone (1.83), Metalworking Machines (1.82), Metal Finishing Machines (1.76), and Phosphoric Esters and Salts (1.59). 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 (N/A), Electromagnets (451), Alkaline Metals (278), Rare-Earth Metal Compounds (193), and Laboratory Glassware (173).

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