Exports (2019): ¥ 6.13T, Rnk 6/41
Top Destination (2019): ¥ 1.44T, China
Top Export (2019): ¥ 310B, Shovels and excavators with revolving superstructure
Imports (2019): ¥ 4.08T, Rnk 6/41
Top Origin (2019): ¥ 935B, China
Top Import (2019): ¥ 368B, Natural gas, liquefied
Economic Complexity (2019): 0.65, Rnk 12 / 41
Overview: This page contains the latest international trade data for Hyōgo, including export and import data.
Exports: In 2019, Japan's Hyōgo exported ¥ 6.13T, making it the 6th largest exporter out of the 41 exporters in Japan. In 2019 the top exports of Hyōgo were Shovels and excavators with revolving superstructure (¥ 310B), Commodities not specified according to kind (¥ 178B), Salts of oxymetallic or peroxometallic acids... (¥ 117B), Machines and mechanical appliances nes (¥ 109B), and Parts of gas turbine engines except... (¥ 80B).
Imports: In 2019, Japan's Hyōgo imported ¥ 4.08T, making it the 6th largest importer out of the 41 importers in Japan. In 2019 top imports of Hyōgo were Natural gas, liquefied (¥ 368B), Products of tobacco, substitute nes, extract,... (¥ 145B), Bituminous coal, not agglomerated (¥ 134B), Iron ore, concentrate, not iron pyrites,unagglomerate (¥ 116B), and Cigarettes containing tobacco (¥ 78.8B).
Economic Complexity: In 2019, the highest complexity exports of Hyōgo according to the product complexity index (PCI) are Metalworking Transfer Machines (2.43), Photographic Chemicals (2.17), Machinery Having Individual Functions (2.02), Tool Plates (1.98), and Rolling Machines (1.93). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Top Destination (2019): China, ¥ 1.44T
Top Product (2019): Shovels and excavators with revolving superstructure, ¥ 310B
In 2019 the top export destinations of Hyōgo were China (¥ 1.44T), United States (¥ 1.01T), Thailand (¥ 338B), Taiwan (¥ 331B), and South Korea (¥ 296B).
In 2019 the top exports of Hyōgo were Shovels and excavators with revolving superstructure (¥ 310B), Commodities not specified according to kind (¥ 178B), Salts of oxymetallic or peroxometallic acids... (¥ 117B), Machines and mechanical appliances nes (¥ 109B), and Parts of gas turbine engines except... (¥ 80B).
Fastest Growing Exports Destination (Nov 2019 - Nov 2020)
Top Origin (2019): China, ¥ 935B
Top Import (2019): Natural gas, liquefied, ¥ 368B
In 2019 the top import origins of Hyōgo were China (¥ 935B), United States (¥ 421B), Australia (¥ 407B), Vietnam (¥ 164B), and Thailand (¥ 151B).
In 2019 the top imports of Hyōgo were Natural gas, liquefied (¥ 368B), Products of tobacco, substitute nes, extract,... (¥ 145B), Bituminous coal, not agglomerated (¥ 134B), Iron ore, concentrate, not iron pyrites,unagglomerate (¥ 116B), and Cigarettes containing tobacco (¥ 78.8B).
This section shows differences between total trade from Hyōgo throughout time.
This section shows forecasts for total exports and imports from Hyōgo. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.
Hyōgo ranks 12th out of the 41 prefectures in Japan according to ECI.
Estimated using exports data.
The economic complexity of a territory can change year to year. Hyōgo it is in position 12th considering its ECI in the last year.
The top export opportunities according to the relatedness level, without considering those products were Hyōgo already has a comparative advantage, are led by Developed Exposed Photographic Material (0.5), Cermets (0.47), Disc Chemicals for Electronics (0.46), Non-Mechanical Removal Machinery (0.46), and Photographic Film (0.45).
The highest complexity exports of Hyōgo according to the product complexity index (PCI) are Metalworking Transfer Machines (2.43), Photographic Chemicals (2.17), Machinery Having Individual Functions (2.02), Tool Plates (1.98), and Rolling Machines (1.93). 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 Oxometallic or Peroxometallic Acid Salts (112), Synthetic Filament Tow (48.8), Artificial Textile Machinery (40.9), Large Construction Vehicles (25.4), and Textile Fiber Machinery (22.1).
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 Hyōgo 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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