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Overview This page contains the latest international trade data for Hyōgo. In April 2024 Hyōgo was the number 5 in total exports and the number 6 in total imports in Japan.

Exports In 2023, Japan's Hyōgo exported ¥ 7.98T, making it the 5th largest exporter out of the 41 exporters in Japan. In 2023 the top exports of Hyōgo were Shovels and excavators with revolving superstructure (¥ 436B), Salts of oxymetallic or peroxometallic acids... (¥ 350B), Commodities not specified according to kind (¥ 298B), Machines and apparatus of a kind... (¥ 205B), and Copper cathodes and sections of cathodes... (¥ 160B).

Imports In 2023, Japan's Hyōgo imported ¥ 6.24T, making it the 6th largest importer out of the 41 importers in Japan. In 2023 top imports of Hyōgo were Natural gas, liquefied (¥ 477B), Bituminous coal, not agglomerated (¥ 349B), Tobacco vapes (¥ 180B), Iron ore, concentrate, not iron pyrites,unagglomerate (¥ 154B), and Lithium carbonates (¥ 108B).

Economic Complexity In 2023, the highest complexity exports of Hyōgo according to the product complexity index (PCI) are Metalworking Machines (2.2), Photographic Chemicals (2.17), Artificial Textile Machinery (2.11), Photographic Film (2.06), Metalworking Transfer Machines (2.04), Other Esters (2.03), Machinery Having Individual Functions (1.93), Oscilloscopes (1.81), Iron Fasteners (1.79), and Metal Pickling Preparations (1.79). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Historical Data

Yearly Exports

Color
Depth
Top Destination (2023)China¥ 1.83T

In 2023 the top export destinations of Hyōgo were China (¥ 1.83T), United States (¥ 1.69T), Thailand (¥ 421B), Chinese Taipei (¥ 416B), and South Korea (¥ 345B).

In 2023 the top exports of Hyōgo were Shovels and excavators with revolving superstructure (¥ 436B), Salts of oxymetallic or peroxometallic acids... (¥ 350B), Commodities not specified according to kind (¥ 298B), Machines and apparatus of a kind... (¥ 205B), and Copper cathodes and sections of cathodes... (¥ 160B).

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Exports Dynamics

Fastest Growing Exports Destination (Apr 2023 - Apr 2024)
Uzbekistan ¥ 14.6B (46.1k%)
India ¥ 5.92B (29.8%)
Vietnam ¥ 4.3B (16.8%)
Rapidly Declining Export Origins (Apr 2023 - Apr 2024)
United States ¥ -21.4B (-14.3%)
China ¥ -9.22B (-6.09%)
Hong Kong ¥ -6.44B (-35.2%)

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Yearly Imports

Color
Depth
Top Origin (2023)China¥ 1.33T
Top Import (2023)Natural gas, liquefied¥ 477B

In 2023 the top import origins of Hyōgo were China (¥ 1.33T), Australia (¥ 659B), United States (¥ 527B), Vietnam (¥ 266B), and Indonesia (¥ 225B).

In 2023 the top imports of Hyōgo were Natural gas, liquefied (¥ 477B), Bituminous coal, not agglomerated (¥ 349B), Tobacco vapes (¥ 180B), Iron ore, concentrate, not iron pyrites,unagglomerate (¥ 154B), and Lithium carbonates (¥ 108B).

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Imports Dynamics

Fastest Growing Import Origins (Apr 2023 - Apr 2024)
Oman ¥ 10.7B (33.8k%)
Mexico ¥ 5.51B (359%)
United States ¥ 4.96B (11.9%)
Rapidly Declining Import Origins (Apr 2023 - Apr 2024)
Australia ¥ -28B (-42.3%)
Chile ¥ -20.2B (-86.4%)
United Kingdom ¥ -2.12B (-46.8%)

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Economic Complexity

Economic Complexity of Hyōgo

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Economic Complexity (2023)0.63

Hyōgo ranks 13th out of the 41 prefectures in Japan according to ECI.

The Economic Complexity Index, or ECI, is a measure of an economy’s capacity which can be inferred from data connecting locations to the activities that are present in them. For more info about Economic Complexity, visit the Economic Complexity page.

Estimated using exports data.

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Economic Complexity Ranking

Value

The economic complexity of a territory can change year to year. Hyōgo it is in position 13th considering its ECI in the last year.

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Export Opportunities by Relatedness

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 (0.48), Precious Metal Compounds (0.43), Blank Audio Media (0.43), Other Organo-Inorganic Compounds (0.43), and Hot-Rolled Stainless Steel Bars (0.42).

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Most Complex Products by PCI

The highest complexity exports of Hyōgo according to the product complexity index (PCI) are Metalworking Machines (2.2), Photographic Chemicals (2.17), Artificial Textile Machinery (2.11), Photographic Film (2.06), Metalworking Transfer Machines (2.04), Other Esters (2.03), Machinery Having Individual Functions (1.93), Oscilloscopes (1.81), Iron Fasteners (1.79), and Metal Pickling Preparations (1.79). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

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Most Specialized Products by RCA Index

The most specialized products according to the RCA index are led by Oxometallic or Peroxometallic Acid Salts (127.73), Synthetic Filament Tow (66.24), Flat panel displays (52.89), Rolling Machines (40.86), and Large Construction Vehicles (30.79).

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Product Space

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.

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Relatedness Space

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.

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Diversification Frontier

Depth
Filter

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. Bubble size corresponds to exports value by year 2020.

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