Hokkaido

Prefecture in Hokkaido Region of Japan

2019
Economic
Complexity
: -0.071, Rank 34 of 41

Feb 2021
Trade
Exports | Imports
: ¥ 15.8B | ¥ 92.2B, 17 of 41 | 11 of 41

Feb 2021
Country
Destination | Origin
: China | South Korea , ¥ 2.56B  | ¥ 13.8B

Feb 2021
Product
Exports | Imports
: Vehicle Parts | Crude Petroleum , ¥ 1.84B  | ¥ 30.2B

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

Exports: In 2020, Japan's Hokkaido exported ¥ 230B, making it the 17th largest exporter out of the 41 exporters in Japan. In 2020 the top exports of Hokkaido were Molluscs; n.e.c. in heading 0307, whether... (¥ 16.9B), Ferrous waste or scrap, nes (¥ 14.5B), Cargo vessels other than tanker or... (¥ 12B), Aquatic invertebrates: sea cucumbers, prepared or... (¥ 11.2B), and Bar/rod, alloy steel nes, irregularly wound... (¥ 11B).

Imports: In 2020, Japan's Hokkaido imported ¥ 877B, making it the 13th largest importer out of the 41 importers in Japan. In 2020 top imports of Hokkaido were Petroleum oils, oils from bituminous minerals,... (¥ 173B), Bituminous coal, not agglomerated (¥ 72.2B), Commodities not specified according to kind (¥ 53.8B), Natural gas, liquefied (¥ 48.3B), and Maize except seed corn (¥ 39.9B).

Economic Complexity: In 2019, the highest complexity exports of Hokkaido according to the product complexity index (PCI) are Metalworking Transfer Machines (2.32), Disc Chemicals for Electronics (2.2), Metal Finishing Machines (1.76), Transmissions (1.59), and Vegetable Parchment (1.58). 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 Hokkaido'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, ¥ 48.8B

Top Product (2020): Molluscs; n.e.c. in heading 0307, whether..., ¥ 16.9B

In 2020 the top export destinations of Hokkaido were China (¥ 48.8B), Hong Kong (¥ 26.7B), South Korea (¥ 20.1B), United States (¥ 19.7B), and Thailand (¥ 18.2B).

In 2020 the top exports of Hokkaido were Molluscs; n.e.c. in heading 0307, whether... (¥ 16.9B), Ferrous waste or scrap, nes (¥ 14.5B), Cargo vessels other than tanker or... (¥ 12B), Aquatic invertebrates: sea cucumbers, prepared or... (¥ 11.2B), and Bar/rod, alloy steel nes, irregularly wound... (¥ 11B).

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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): China, ¥ 123B

Top Import (2020): Petroleum oils, oils from bituminous minerals,..., ¥ 173B

In 2020 the top import origins of Hokkaido were China (¥ 123B), South Korea (¥ 86.3B), United States (¥ 85.9B), Australia (¥ 77.6B), and Saudi Arabia (¥ 75.5B).

In 2020 the top imports of Hokkaido were Petroleum oils, oils from bituminous minerals,... (¥ 173B), Bituminous coal, not agglomerated (¥ 72.2B), Commodities not specified according to kind (¥ 53.8B), Natural gas, liquefied (¥ 48.3B), and Maize except seed corn (¥ 39.9B).

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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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Hokkaido ranks 34th 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. Hokkaido it is in position 34th 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 Hokkaido already has a comparative advantage, are led by Crustaceans (0.12), Scrap Lead (0.12), Non-fillet Fresh Fish (0.12), Sawn Wood (0.11), and Molasses (0.11).

Most Complex Products by PCI

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The highest complexity exports of Hokkaido according to the product complexity index (PCI) are Metalworking Transfer Machines (2.32), Disc Chemicals for Electronics (2.2), Metal Finishing Machines (1.76), Transmissions (1.59), and Vegetable Parchment (1.58). 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 Molluscs (160), Steel Bars (132), Friction Material (112), Nuclear Reactors (73.9), and Fish Oil (63.9).

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.

Relatedness Space

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This network shows the products most related to the production structure of  Hokkaido. These are products that tend to be co-exported with the products that Hokkaido 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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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.