Fukushima

Prefecture in Tōhoku Region of Japan

Exports (2019): ¥ 144B, Rnk 25/41

Top Destination (2019): ¥ 61.5B, China

Top Export (2019): ¥ 59.8B, Medicaments nes, in dosage

Imports (2019): ¥ 497B, Rnk 20/41

Top Origin (2019): ¥ 158B, Australia

Top Import (2019): ¥ 198B, Bituminous coal, not agglomerated

Economic Complexity (2019): 0.5, Rnk 19 / 41

Exports: In 2019, Japan's Fukushima exported ¥ 144B, making it the 25th largest exporter out of the 41 exporters in Japan. In 2019 the top exports of Fukushima were Medicaments nes, in dosage (¥ 59.8B), Parts of turbo-jet or turbo-propeller engines (¥ 56.9B), Sanitary towels (pads) and tampons, napkins... (¥ 4.15B), Commodities not specified according to kind (¥ 2.16B), and Ferrous waste or scrap, nes (¥ 1.72B).

Imports: In 2019, Japan's Fukushima imported ¥ 497B, making it the 20th largest importer out of the 41 importers in Japan. In 2019 top imports of Fukushima were Bituminous coal, not agglomerated (¥ 198B), Copper ores and concentrates (¥ 117B), Nucleic acids and their salts, other... (¥ 73.7B), Natural gas, liquefied (¥ 18.1B), and Zinc ores and concentrates (¥ 15.4B).

Economic Complexity: In 2019, the highest complexity exports of Fukushima according to the product complexity index (PCI) are Metal Pickling Preparations (1.71), Iron Fasteners (1.66), Transmissions (1.49), Metal Molds (1.4), and Air Pumps (1.38). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Value
Depth

Top Destination (2019): China, ¥ 61.5B

Top Product (2019): Medicaments nes, in dosage, ¥ 59.8B

In 2019 the top export destinations of Fukushima were China (¥ 61.5B), United States (¥ 52.2B), United Kingdom (¥ 13.6B), Vietnam (¥ 2.45B), and Taiwan (¥ 2.2B).

In 2019 the top exports of Fukushima were Medicaments nes, in dosage (¥ 59.8B), Parts of turbo-jet or turbo-propeller engines (¥ 56.9B), Sanitary towels (pads) and tampons, napkins... (¥ 4.15B), Commodities not specified according to kind (¥ 2.16B), and Ferrous waste or scrap, nes (¥ 1.72B).

Export Dynamics

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Fastest Growing Exports Destination (May 2019 - May 2020)

Rapidly Declining Export Origins (May 2019 - May 2020)

Value
Depth

Top Origin (2019): Australia, ¥ 158B

Top Import (2019): Bituminous coal, not agglomerated, ¥ 198B

In 2019 the top import origins of Fukushima were Australia (¥ 158B), Belgium (¥ 73.7B), Chile (¥ 64.7B), Canada (¥ 31.6B), and China (¥ 29.1B).

In 2019 the top imports of Fukushima were Bituminous coal, not agglomerated (¥ 198B), Copper ores and concentrates (¥ 117B), Nucleic acids and their salts, other... (¥ 73.7B), Natural gas, liquefied (¥ 18.1B), and Zinc ores and concentrates (¥ 15.4B).

Import Dynamics

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Fastest Growing Import Origins (May 2019 - May 2020)

Rapidly Declining Import Origins (May 2019 - May 2020)

Comparison in Time

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Flow
Value

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

Comparison Map

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Value

The prefectures of Japan with the highest exports in 2019 were Aichi (¥ 16T), Chiba (¥ 11.5T), Osaka (¥ 9.49T), Kanagawa (¥ 8.2T), and Tokyo (¥ 6.17T)

The prefectures of Japan with the highest imports in 2019 were Chiba (¥ 17.1T), Tokyo (¥ 12.7T), Osaka (¥ 10.2T), Kanagawa (¥ 7.28T), and Aichi (¥ 7.22T)

This section shows forecasts for total exports and imports from Fukushima. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.

Explore Forecasts

Economic Complexity

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Economic Complexity of Japan

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Fukushima ranks 19th out of the 41 prefectures in Japan according to ECI.

Estimated using exports data.

Economic Complexity Ranking

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Scale

The economic complexity of a territory can change year to year. Fukushima it is in position 19th considering its ECI in the last year.

Export Opportunities by Relatedness

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The top export opportunities according to the relatedness level, without considering those products were Fukushima already has a comparative advantage, are led by Integrated Circuits (0.046), Printed Circuit Boards (0.045), Broadcasting Accessories (0.045), Mirrors and Lenses (0.045), and Other Electrical Machinery (0.045).

Most Complex Products by PCI

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The highest complexity exports of Fukushima according to the product complexity index (PCI) are Metal Pickling Preparations (1.71), Iron Fasteners (1.66), Transmissions (1.49), Metal Molds (1.4), and Air Pumps (1.38). 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 Sulfuric Acid (68.2), Carbon Paper (64.1), Gas Turbines (52.9), Other Glass Articles (27.1), and Packaged Medicaments (19.7).

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 Fukushima 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  Fukushima. These are products that tend to be co-exported with the products that Fukushima 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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Filter
Depth

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.