Fukuoka | The Observatory of Economic Complexity

Fukuoka

Prefecture in Kyushu Region of Japan

2023
Economic
Complexity 0.52Rank 18 of 41

Jan 2024
Trade
Exports | Imports ¥ 578B | ¥ 320B6 of 41 | 7 of 41

Jan 2024
Country
Destination | Origin China | China ¥ 114B | ¥ 100B

Image 1

Image by Einheit 00
Link: https://flic.kr/p/276Fcy6

Latest Trends
Historical Data
Economic Complexity

About

Overview This page contains the latest international trade data for Fukuoka. In January 2024 Fukuoka was the number 7 in total exports and the number 7 in total imports in Japan.

Exports In 2023, Japan's Fukuoka exported ¥ 6.82T, making it the 7th largest exporter out of the 41 exporters in Japan. In 2023 the top exports of Fukuoka were Electronic integrated circuits: n.e.c. in heading... (¥ 1.22T), Medium Sized Cars (¥ 556B), Spark-ignition non chargeable Cars (¥ 534B), Small Sized Cars (¥ 496B), and Large Sized Cars (¥ 425B).

Imports In 2023, Japan's Fukuoka imported ¥ 3.9T, making it the 7th largest importer out of the 41 importers in Japan. In 2023 top imports of Fukuoka were Electronic integrated circuits: processors and controllers,... (¥ 497B), Bituminous coal, not agglomerated (¥ 171B), Natural gas, liquefied (¥ 151B), Ignition/other wiring sets for vehicles/aircraft/ship (¥ 137B), and Commodities not specified according to kind (¥ 99.7B).

Economic Complexity In 2023, the highest complexity exports of Fukuoka according to the product complexity index (PCI) are Photographic Chemicals (2.17), Precious Metal Compounds (2.07), Photographic Film (2.06), Disc Chemicals for Electronics (2.04), Other Esters (2.03), Machinery Having Individual Functions (1.93), Non-Mechanical Removal Machinery (1.9), Oscilloscopes (1.81), Metal Pickling Preparations (1.79), and Polymer Ion-Exchangers (1.74). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Latest Trends

January, 2024

About

Overview In January 2024 Fukuoka exported ¥578B and imported ¥320B, resulting in a positive trade balance of ¥258B. Between January 2023 and January 2024 the exports of Fukuoka have increased by $118B (25.6%) from ¥460B to ¥578B, while imports decreased by ¥-21.9B (-6.4%) from ¥342B to ¥320B.

Trade In January 2024, the top exports of Fukuoka were Cars (¥162B), Integrated Circuits (¥121B), Machines and apparatus of a kind... (¥30.6B), Rubber Tires (¥22.6B), and Disc Chemicals for Electronics (¥13.5B). In January 2024 the top imports of Fukuoka were Integrated Circuits (¥35.9B), Motor vehicles; parts and accessories (8701... (¥15B), Petroleum Gas (¥14.4B), Coal Briquettes (¥13.6B), and Insulated Wire (¥12.2B).

Destinations In January 2024, Fukuoka exported mostly to China (¥114B), United States (¥81.9B), South Korea (¥77.8B), Taiwan (¥41.4B), and Hong Kong (¥38.9B), and imported mostly from China (¥100B), Taiwan (¥41.4B), South Korea (¥19.2B), Vietnam (¥18.3B), and Australia (¥17.7B).

Growth In January 2024, the increase in Fukuoka's year-by-year exports was explained primarily by an increase in exports to South Korea (¥20.5B or 33.2%), United States (¥15.2B or 34.5%), and Taiwan (¥11.7B or 39.6%), and product exports increase in Integrated Circuits (¥30.3B or 46.4%), Rubber Tires (¥9.15B or 57.3%), and Passenger and Cargo Ships (¥8.39B or 126%). In January 2024, the decrease in Fukuoka's year-by-year imports was explained primarily by an decrease in imports from Russia (¥-3.49B or -85.3%), Hong Kong (¥-3.35B or -54.3%), and Saudi Arabia (¥-1.3B or -57%), and product imports decrease in Live Fish (¥-2.72B or -50.4%), Coke (¥-2.61B or -99.2%), and Raw Aluminium (¥-2.55B or -52.3%).

Latest Data

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

Product

EXPORT GROWTH (January 2023 - January 2024)¥118B(25.6%)

IMPORT GROWTH (January 2023 - January 2024)¥-21.9B(-6.4%)

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.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Historical Data

Yearly Exports

Color

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

Year

Top Destination (2023)China¥ 1.56T

Top Product (2023)Electronic integrated circuits: n.e.c. in heading...¥ 1.22T

In 2023 the top export destinations of Fukuoka were China (¥ 1.56T), United States (¥ 1.06T), South Korea (¥ 965B), Taiwan (¥ 531B), and Vietnam (¥ 449B).

In 2023 the top exports of Fukuoka were Electronic integrated circuits: n.e.c. in heading... (¥ 1.22T), Medium Sized Cars (¥ 556B), Spark-ignition non chargeable Cars (¥ 534B), Small Sized Cars (¥ 496B), and Large Sized Cars (¥ 425B).

Explore Visualizations

Subscribe today to OEC pro and access the latest data

Exports Dynamics

Starting Date

Ending Date

Fastest Growing Exports Destination (Jan 2023 - Jan 2024)

China ¥ 45.7B (66.7%)

United States ¥ 22.6B (38.1%)

Hong Kong ¥ 20B (106%)

Rapidly Declining Export Origins (Jan 2023 - Jan 2024)

Liberia ¥ -11.6B (-98.7%)

South Korea ¥ -4.41B (-5.36%)

United Kingdom ¥ -2.59B (-64.5%)

Subscribe today to OEC pro and access the latest data

Yearly Imports

Color

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

Year

Top Origin (2023)China¥ 1.18T

Top Import (2023)Electronic integrated circuits: processors and controllers,...¥ 497B

In 2023 the top import origins of Fukuoka were China (¥ 1.18T), Taiwan (¥ 692B), Australia (¥ 237B), United States (¥ 228B), and South Korea (¥ 227B).

In 2023 the top imports of Fukuoka were Electronic integrated circuits: processors and controllers,... (¥ 497B), Bituminous coal, not agglomerated (¥ 171B), Natural gas, liquefied (¥ 151B), Ignition/other wiring sets for vehicles/aircraft/ship (¥ 137B), and Commodities not specified according to kind (¥ 99.7B).

Explore Visualizations

Subscribe today to OEC pro and access the latest data

Imports Dynamics

Starting Date

Ending Date

Fastest Growing Import Origins (Jan 2023 - Jan 2024)

Malaysia ¥ 7.23B (93.6%)

Thailand ¥ 4.32B (32.2%)

Hong Kong ¥ 2.96B (105%)

Rapidly Declining Import Origins (Jan 2023 - Jan 2024)

Australia ¥ -17.7B (-49.9%)

Taiwan ¥ -10.4B (-20.1%)

Indonesia ¥ -3.71B (-19.3%)

Subscribe today to OEC pro and access the latest data

Economic Complexity

Economic Complexity of Fukuoka

View

Geomap

Treemap

Economic Complexity (2023)0.52

Fukuoka ranks 18th 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.

Discover Economic Complexity

Subscribe today to OEC pro and access the latest data

Economic Complexity Ranking

Value

Ranking

Value

The economic complexity of a territory can change year to year. Fukuoka it is in position 18th considering its ECI in the last year.

Discover Economic Complexity

Subscribe today to OEC pro and access the latest data

Export Opportunities by Relatedness

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 (0.19), Blank Audio Media (0.17), Artificial Filament Tow (0.17), Epoxides (0.16), and Copper Foil (0.16).

Subscribe today to OEC pro and access the latest data

Most Complex Products by PCI

The highest complexity exports of Fukuoka according to the product complexity index (PCI) are Photographic Chemicals (2.17), Precious Metal Compounds (2.07), Photographic Film (2.06), Disc Chemicals for Electronics (2.04), Other Esters (2.03), Machinery Having Individual Functions (1.93), Non-Mechanical Removal Machinery (1.9), Oscilloscopes (1.81), Metal Pickling Preparations (1.79), and Polymer Ion-Exchangers (1.74). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Subscribe today to OEC pro and access the latest data

Most Specialized Products by RCA Index

The most specialized products according to the RCA index are led by Flat panel displays (68.89), Iron Railway Products (40.62), Disc Chemicals for Electronics (32.57), Nickel Powder (18.30), and Other Nitrogen Compounds (14.50).

Subscribe today to OEC pro and access the latest data

Product Space

RCA Filter

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.

Subscribe today to OEC pro and access the latest data

Relatedness Space

This network shows the products most related to the production structure of Fukuoka. These are products that tend to be co-exported with the products that Fukuoka exports. Higher relatedness values indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Subscribe today to OEC pro and access the latest data

Diversification Frontier

Depth

Section

HS2

HS4

Filter

All

RCA≤1

RCA>1

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.