HokkaidoRegion in Japan
Exports (2019): ¥ 312B, Rnk 8/8
Top Destination (2019): ¥ 65.1B, China
Top Export (2019): ¥ 25.8B, Molluscs; n.e.c. in heading 0307, whether...
Imports (2019): ¥ 1.25T, Rnk 8/8
Top Origin (2019): ¥ 145B, China
Top Import (2019): ¥ 364B, Petroleum oils, oils from bituminous minerals,...
Economic Complexity (2019): 0.012, Rnk 8 / 8
Exports: In 2019, Japan's Hokkaido exported ¥ 312B, making it the 8th largest exporter out of the 8 exporters in Japan. In 2019 the top exports of Hokkaido were Molluscs; n.e.c. in heading 0307, whether... (¥ 25.8B), Transmissions for motor vehicles (¥ 22B), Commodities not specified according to kind (¥ 21.7B), Ferrous waste or scrap, nes (¥ 16.5B), and Cargo vessels other than tanker or... (¥ 15.5B).
Imports: In 2019, Japan's Hokkaido imported ¥ 1.25T, making it the 8th largest importer out of the 8 importers in Japan. In 2019 top imports of Hokkaido were Petroleum oils, oils from bituminous minerals,... (¥ 364B), Bituminous coal, not agglomerated (¥ 109B), Natural gas, liquefied (¥ 47.1B), Light petroleum distillates nes (¥ 47B), and Maize except seed corn (¥ 44.5B).
Economic Complexity: In 2019, the highest complexity exports of Hokkaido according to the product complexity index (PCI) are Metalworking Transfer Machines (2.43), Disc Chemicals for Electronics (2.25), Metal Finishing Machines (1.67), Vegetable Parchment (1.64), and Transmissions (1.49). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Top Destination (2019): China, ¥ 65.1B
Top Product (2019): Molluscs; n.e.c. in heading 0307, whether..., ¥ 25.8B
In 2019 the top export destinations of Hokkaido were China (¥ 65.1B), South Korea (¥ 36.3B), United States (¥ 32.7B), Thailand (¥ 29.4B), and Malaysia (¥ 21.7B).
In 2019 the top exports of Hokkaido were Molluscs; n.e.c. in heading 0307, whether... (¥ 25.8B), Transmissions for motor vehicles (¥ 22B), Commodities not specified according to kind (¥ 21.7B), Ferrous waste or scrap, nes (¥ 16.5B), and Cargo vessels other than tanker or... (¥ 15.5B).
Fastest Growing Exports Destination (May 2019 - May 2020)
Rapidly Declining Export Origins (May 2019 - May 2020)
Top Origin (2019): China, ¥ 145B
Top Import (2019): Petroleum oils, oils from bituminous minerals,..., ¥ 364B
In 2019 the top import origins of Hokkaido were China (¥ 145B), Saudi Arabia (¥ 134B), Australia (¥ 110B), United States (¥ 105B), and United Arab Emirates (¥ 93.6B).
In 2019 the top imports of Hokkaido were Petroleum oils, oils from bituminous minerals,... (¥ 364B), Bituminous coal, not agglomerated (¥ 109B), Natural gas, liquefied (¥ 47.1B), Light petroleum distillates nes (¥ 47B), and Maize except seed corn (¥ 44.5B).
Fastest Growing Import Origins (May 2019 - May 2020)
Rapidly Declining Import Origins (May 2019 - May 2020)
This section shows differences between total trade from Hokkaido throughout time.
The regions of Japan with the highest exports in 2019 were Kantō (¥ 27.3T), Chūbu (¥ 18.7T), Kansai (¥ 17.2T), Kyushu (¥ 6.75T), and Chūgoku (¥ 5.03T)
The regions of Japan with the highest imports in 2019 were Kantō (¥ 38.7T), Kansai (¥ 16.4T), Chūbu (¥ 9.49T), Kyushu (¥ 5.49T), and Chūgoku (¥ 4.13T)
This section shows forecasts for total exports and imports from Hokkaido. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.
Hokkaido ranks 8th out of the 8 regions in Japan according to ECI.
Estimated using exports data.
The economic complexity of a territory can change year to year. Hokkaido it is in position 8th considering its ECI in the last year.
The top export opportunities according to the relatedness level, without considering those products were Hokkaido already has a comparative advantage, are led by Crustaceans (0.12), Non-fillet Fresh Fish (0.12), Scrap Lead (0.12), Sawn Wood (0.11), and Processed Fish (0.11).
The highest complexity exports of Hokkaido according to the product complexity index (PCI) are Metalworking Transfer Machines (2.43), Disc Chemicals for Electronics (2.25), Metal Finishing Machines (1.67), Vegetable Parchment (1.64), and Transmissions (1.49). 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 Molluscs (145), Steel Bars (121), Friction Material (106), Fish Oil (71.3), and Nuclear Reactors (67.1).
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 Hokkaido 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.
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