2022 Economic Complexity : 0.51, Rank 19 of 41
Mar 2023 Trade Exports | Imports: ¥ 616B | ¥ 330B, 7 of 41 | 7 of 41
Mar 2023 Country Destination | Origin: China | China , ¥ 101B | ¥ 106B
Mar 2023 Product Exports | Imports: Electronic integrated circuits: n.e.c. in heading no. 8542... | Electronic integrated circuits: processors and controllers, whether or..., ¥ 93.5B | ¥ 25.9B
Overview This page contains the latest international trade data for Fukuoka. In March 2023 Fukuoka was the number 7 in total exports and the number 7 in total imports in Japan.
Exports In 2022, Japan's Fukuoka exported ¥ 6.82T, making it the 7th largest exporter out of the 41 exporters in Japan. In 2022 the top exports of Fukuoka were Electronic integrated circuits: n.e.c. in heading... (¥ 1.02T), Medium Sized Cars (¥ 662B), Spark-ignition non chargeable Cars (¥ 430B), Large Sized Cars (¥ 352B), and Small Sized Cars (¥ 255B).
Imports In 2022, Japan's Fukuoka imported ¥ 3.9T, making it the 7th largest importer out of the 41 importers in Japan. In 2022 top imports of Fukuoka were Electronic integrated circuits: processors and controllers,... (¥ 370B), Bituminous coal, not agglomerated (¥ 301B), Natural gas, liquefied (¥ 151B), Commodities not specified according to kind (¥ 114B), and Ignition/other wiring sets for vehicles/aircraft/ship (¥ 99.9B).
Economic Complexity In 2022, the highest complexity exports of Fukuoka according to the product complexity index (PCI) are Disc Chemicals for Electronics (2.07), Other Esters (2.03), Photographic Film (1.98), Other Nitrogen Compounds (1.08), Sound Recordings (0.87), Iron Railway Products (0.48), Rubber Tires (0.35), Nickel Powder (-0.085), Coke (-0.53), and Asphalt Mixtures (-1.17). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
March, 2023
Overview In March 2023 Fukuoka exported ¥616B and imported ¥330B, resulting in a positive trade balance of ¥287B. Between March 2022 and March 2023 the exports of Fukuoka have increased by $57.8B (10.3%) from ¥559B to ¥616B, while imports increased by ¥39.6B (13.7%) from ¥290B to ¥330B.
Trade In March 2023, the top exports of Fukuoka were Cars (Â¥152B), Integrated Circuits (Â¥110B), Machines and apparatus of a kind... (Â¥50.3B), Rubber Tires (Â¥32.6B), and Disc Chemicals for Electronics (Â¥18B). In March 2023 the top imports of Fukuoka were Integrated Circuits (Â¥32.4B), Motor vehicles; parts and accessories (8701... (Â¥14.5B), Coal Briquettes (Â¥12.8B), Insulated Wire (Â¥11.7B), and Inorganic Salts (Â¥8.67B).
Destinations In March 2023, Fukuoka exported mostly to China (Â¥101B), South Korea (Â¥95.9B), United States (Â¥90.3B), Taiwan (Â¥59.2B), and Hong Kong (Â¥31.5B), and imported mostly from China (Â¥106B), Taiwan (Â¥40.6B), Australia (Â¥22.9B), Thailand (Â¥20B), and South Korea (Â¥19.3B).
Growth In March 2023, the increase in Fukuoka's year-by-year exports was explained primarily by an increase in exports to Taiwan (Â¥5.77B or 24.3%), India (Â¥4.4B or 126%), and Vietnam (Â¥3.78B or 24.3%), and product exports increase in Refined Copper (Â¥3.91B or 157%), Coated Flat-Rolled Iron (Â¥3.72B or 96.7%), and Coke (Â¥2.71B or 60.7%). In March 2023, the increase in Fukuoka's year-by-year imports was explained primarily by an increase in imports from China (Â¥30.5B or 46.3%), Taiwan (Â¥10.6B or 44.3%), and Hong Kong (Â¥5.15B or 506%), and product imports increase in Integrated Circuits (Â¥9.87B or 55.5%), Coal Briquettes (Â¥9.71B or 121%), and Live Fish (Â¥4.36B or 422%).
EXPORT GROWTH (March 2022 - March 2023): ¥57.8B, (10.3%)
IMPORT GROWTH (March 2022 - March 2023): ¥39.6B, (13.7%)
This section shows exports and imports data at subnational level for Fukuoka. Click any date in the line plot, any subnational region in the geomap, or any product, destination or origin country to explore the exports or imports behavior of Fukuoka over time.
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Top Destination (2022): China, ¥ 1.69T
Top Product (2022): Electronic integrated circuits: n.e.c. in heading..., ¥ 1.02T
In 2022 the top export destinations of Fukuoka were China (Â¥ 1.69T), South Korea (Â¥ 1T), United States (Â¥ 878B), Taiwan (Â¥ 473B), and Hong Kong (Â¥ 366B).
In 2022 the top exports of Fukuoka were Electronic integrated circuits: n.e.c. in heading... (Â¥ 1.02T), Medium Sized Cars (Â¥ 662B), Spark-ignition non chargeable Cars (Â¥ 430B), Large Sized Cars (Â¥ 352B), and Small Sized Cars (Â¥ 255B).
Fastest Growing Exports Destination (Mar 2022 - Mar 2023)
Top Origin (2022): China, ¥ 1.13T
Top Import (2022): Electronic integrated circuits: processors and controllers,..., ¥ 370B
In 2022 the top import origins of Fukuoka were China (Â¥ 1.13T), Taiwan (Â¥ 521B), Australia (Â¥ 313B), South Korea (Â¥ 216B), and Indonesia (Â¥ 206B).
In 2022 the top imports of Fukuoka were Electronic integrated circuits: processors and controllers,... (Â¥ 370B), Bituminous coal, not agglomerated (Â¥ 301B), Natural gas, liquefied (Â¥ 151B), Commodities not specified according to kind (Â¥ 114B), and Ignition/other wiring sets for vehicles/aircraft/ship (Â¥ 99.9B).
Economic Complexity (2022): 0.51
Fukuoka ranks 19th 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.
The economic complexity of a territory can change year to year. Fukuoka it is in position 19th considering its ECI in the last year.
The top export opportunities according to the relatedness level, without considering those products were Fukuoka already has a comparative advantage, are led by Developed Exposed Photographic Material (0.21), Photo Lab Equipment (0.19), Artificial Filament Tow (0.19), Copper Foil (0.18), and Epoxides (0.18).
The highest complexity exports of Fukuoka according to the product complexity index (PCI) are Disc Chemicals for Electronics (2.07), Other Esters (2.03), Photographic Film (1.98), Other Nitrogen Compounds (1.08), Sound Recordings (0.87), Iron Railway Products (0.48), Rubber Tires (0.35), Nickel Powder (-0.085), Coke (-0.53), and Asphalt Mixtures (-1.17). 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 Disc Chemicals for Electronics (39.2), Iron Railway Products (26.6), Sound Recordings (21.9), Nickel Powder (19.2), and Other Nitrogen Compounds (15.7).
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 Fukuoka 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. Bubble size corresponds to exports value by year 2020.
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