Hyōgo

Prefecture in Kansai Region of Japan

2019
Economic
Complexity
: 0.66, Rank 12 of 41

Feb 2021
Trade
Exports | Imports
: ¥ 465B | ¥ 298B, 6 of 41 | 6 of 41

Feb 2021
Country
Destination | Origin
: China | China , ¥ 98.1B  | ¥ 72.1B

Feb 2021
Product
Exports | Imports
: Large Construction Vehicles | Petroleum Gas , ¥ 31.7B  | ¥ 26.1B

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

Exports: In 2020, Japan's Hyōgo exported ¥ 5.42T, making it the 6th largest exporter out of the 41 exporters in Japan. In 2020 the top exports of Hyōgo were Shovels and excavators with revolving superstructure (¥ 219B), Salts of oxymetallic or peroxometallic acids... (¥ 154B), Commodities not specified according to kind (¥ 153B), Beauty, makeup and suntan preparations nes (¥ 94.2B), and Parts of gas turbine engines except... (¥ 89.9B).

Imports: In 2020, Japan's Hyōgo imported ¥ 3.62T, making it the 6th largest importer out of the 41 importers in Japan. In 2020 top imports of Hyōgo were Natural gas, liquefied (¥ 290B), Products of tobacco, substitute nes, extract,... (¥ 195B), Iron ore, concentrate, not iron pyrites,unagglomerate (¥ 103B), Bituminous coal, not agglomerated (¥ 91.3B), and Cigarettes containing tobacco (¥ 75.7B).

Economic Complexity: In 2019, the highest complexity exports of Hyōgo according to the product complexity index (PCI) are Metalworking Transfer Machines (2.32), Photographic Chemicals (2.16), Tool Plates (1.96), Machinery Having Individual Functions (1.93), and Metal Lathes (1.88). 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 Hyōgo'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, ¥ 1.37T

Top Product (2020): Shovels and excavators with revolving superstructure, ¥ 219B

In 2020 the top export destinations of Hyōgo were China (¥ 1.37T), United States (¥ 857B), Taiwan (¥ 327B), South Korea (¥ 290B), and Thailand (¥ 272B).

In 2020 the top exports of Hyōgo were Shovels and excavators with revolving superstructure (¥ 219B), Salts of oxymetallic or peroxometallic acids... (¥ 154B), Commodities not specified according to kind (¥ 153B), Beauty, makeup and suntan preparations nes (¥ 94.2B), and Parts of gas turbine engines except... (¥ 89.9B).

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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, ¥ 839B

Top Import (2020): Natural gas, liquefied, ¥ 290B

In 2020 the top import origins of Hyōgo were China (¥ 839B), United States (¥ 365B), Australia (¥ 298B), Italy (¥ 198B), and Vietnam (¥ 152B).

In 2020 the top imports of Hyōgo were Natural gas, liquefied (¥ 290B), Products of tobacco, substitute nes, extract,... (¥ 195B), Iron ore, concentrate, not iron pyrites,unagglomerate (¥ 103B), Bituminous coal, not agglomerated (¥ 91.3B), and Cigarettes containing tobacco (¥ 75.7B).

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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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Hyōgo ranks 12th 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. Hyōgo it is in position 12th 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 Hyōgo already has a comparative advantage, are led by Developed Exposed Photographic Material (0.52), Disc Chemicals for Electronics (0.45), Photo Lab Equipment (0.45), LCDs (0.45), and Photographic Film (0.45).

Most Complex Products by PCI

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The highest complexity exports of Hyōgo according to the product complexity index (PCI) are Metalworking Transfer Machines (2.32), Photographic Chemicals (2.16), Tool Plates (1.96), Machinery Having Individual Functions (1.93), and Metal Lathes (1.88). 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 Oxometallic or Peroxometallic Acid Salts (97.4), Synthetic Filament Tow (48.7), Artificial Textile Machinery (36.2), Large Construction Vehicles (24.9), and Textile Fiber Machinery (22.6).

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.

Relatedness Space

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