Fukushima

Prefecture in Tōhoku Region of Japan

2019
Economic
Complexity
: 0.54, Rank 17 of 41

Feb 2021
Trade
Exports | Imports
: ¥ 5.82B | ¥ 32.3B, 30 of 41 | 20 of 41

Feb 2021
Country
Destination | Origin
: Singapore | Australia , ¥ 1.87B  | ¥ 6B

Feb 2021
Product
Exports | Imports
: Electric Batteries | Coal Briquettes , ¥ 2.1B  | ¥ 11.1B

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

Exports: In 2020, Japan's Fukushima exported ¥ 145B, making it the 24th largest exporter out of the 41 exporters in Japan. In 2020 the top exports of Fukushima were Medicaments nes, in dosage (¥ 78.6B), Parts of turbo-jet or turbo-propeller engines (¥ 30.4B), Parts of electric accumulators, including separators (¥ 12.8B), Commodities not specified according to kind (¥ 2.31B), and Ferrous waste or scrap, nes (¥ 1.92B).

Imports: In 2020, Japan's Fukushima imported ¥ 444B, making it the 20th largest importer out of the 41 importers in Japan. In 2020 top imports of Fukushima were Bituminous coal, not agglomerated (¥ 135B), Copper ores and concentrates (¥ 128B), Nucleic acids and their salts, other... (¥ 81.9B), Natural gas, liquefied (¥ 30.8B), and Zinc ores and concentrates (¥ 12.4B).

Economic Complexity: In 2019, the highest complexity exports of Fukushima according to the product complexity index (PCI) are Iron Fasteners (1.81), Metal Pickling Preparations (1.71), LCDs (1.7), Transmissions (1.59), and Metal Molds (1.52). 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 Fukushima'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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Value
Depth

Top Destination (2020): China, ¥ 65.5B

Top Product (2020): Medicaments nes, in dosage, ¥ 78.6B

In 2020 the top export destinations of Fukushima were China (¥ 65.5B), United States (¥ 30.1B), United Kingdom (¥ 25.4B), Singapore (¥ 9.51B), and Vietnam (¥ 2.94B).

In 2020 the top exports of Fukushima were Medicaments nes, in dosage (¥ 78.6B), Parts of turbo-jet or turbo-propeller engines (¥ 30.4B), Parts of electric accumulators, including separators (¥ 12.8B), Commodities not specified according to kind (¥ 2.31B), and Ferrous waste or scrap, nes (¥ 1.92B).

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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): Australia, ¥ 104B

Top Import (2020): Bituminous coal, not agglomerated, ¥ 135B

In 2020 the top import origins of Fukushima were Australia (¥ 104B), Belgium (¥ 81.9B), Canada (¥ 37.6B), Indonesia (¥ 35.6B), and United States (¥ 31.1B).

In 2020 the top imports of Fukushima were Bituminous coal, not agglomerated (¥ 135B), Copper ores and concentrates (¥ 128B), Nucleic acids and their salts, other... (¥ 81.9B), Natural gas, liquefied (¥ 30.8B), and Zinc ores and concentrates (¥ 12.4B).

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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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Fukushima ranks 17th 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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Scale

The economic complexity of a territory can change year to year. Fukushima it is in position 17th 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 Fukushima already has a comparative advantage, are led by Copper Foil (0.051), Oscilloscopes (0.048), Mirrors and Lenses (0.048), Integrated Circuits (0.048), and Blank Audio Media (0.047).

Most Complex Products by PCI

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The highest complexity exports of Fukushima according to the product complexity index (PCI) are Iron Fasteners (1.81), Metal Pickling Preparations (1.71), LCDs (1.7), Transmissions (1.59), and Metal Molds (1.52). 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 Carbon Paper (66.5), Sulfuric Acid (59), Gas Turbines (48.4), Other Glass Articles (22.4), and Packaged Medicaments (20.3).

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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Depth
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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.