Ōita

Prefecture in Kyushu Region of Japan

2019
Economic
Complexity
: 0.27, Rank 26 of 41

Feb 2021
Trade
Exports | Imports
: ¥ 53.2B | ¥ 87.8B, 14 of 41 | 12 of 41

Feb 2021
Country
Destination | Origin
: China | Australia , ¥ 11.3B  | ¥ 25.4B

Feb 2021
Product
Exports | Imports
: Hot-Rolled Iron | Copper Ore , ¥ 17B  | ¥ 32.3B

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

Exports: In 2020, Japan's Ōita exported ¥ 603B, making it the 15th largest exporter out of the 41 exporters in Japan. In 2020 the top exports of Ōita were Iron or non-alloy steel: in coils,... (¥ 111B), Copper cathodes and sections of cathodes... (¥ 105B), Printing machinery: parts and accessories, n.e.c.... (¥ 84.7B), Iron or non-alloy steel: in coils,... (¥ 29.1B), and Cargo vessels other than tanker or... (¥ 28.2B).

Imports: In 2020, Japan's Ōita imported ¥ 962B, making it the 11th largest importer out of the 41 importers in Japan. In 2020 top imports of Ōita were Copper ores and concentrates (¥ 304B), Iron ore, concentrate, not iron pyrites,unagglomerate (¥ 170B), Bituminous coal, not agglomerated (¥ 108B), Petroleum spirit for motor vehicles (¥ 92.5B), and Petroleum oils, oils from bituminous minerals,... (¥ 80.8B).

Economic Complexity: In 2019, the highest complexity exports of Ōita according to the product complexity index (PCI) are Other Esters (1.85), Phosphoric Esters and Salts (1.59), Mirrors and Lenses (1.56), Flat Flat-Rolled Steel (1.47), and Phenols (1.41). 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 Ōita'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, ¥ 147B

Top Product (2020): Iron or non-alloy steel: in coils,..., ¥ 111B

In 2020 the top export destinations of Ōita were China (¥ 147B), United States (¥ 56.6B), South Korea (¥ 51B), Thailand (¥ 39.7B), and Netherlands (¥ 37.1B).

In 2020 the top exports of Ōita were Iron or non-alloy steel: in coils,... (¥ 111B), Copper cathodes and sections of cathodes... (¥ 105B), Printing machinery: parts and accessories, n.e.c.... (¥ 84.7B), Iron or non-alloy steel: in coils,... (¥ 29.1B), and Cargo vessels other than tanker or... (¥ 28.2B).

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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): Australia, ¥ 323B

Top Import (2020): Copper ores and concentrates, ¥ 304B

In 2020 the top import origins of Ōita were Australia (¥ 323B), Chile (¥ 83.8B), United States (¥ 73.9B), Canada (¥ 59.7B), and Brazil (¥ 52.8B).

In 2020 the top imports of Ōita were Copper ores and concentrates (¥ 304B), Iron ore, concentrate, not iron pyrites,unagglomerate (¥ 170B), Bituminous coal, not agglomerated (¥ 108B), Petroleum spirit for motor vehicles (¥ 92.5B), and Petroleum oils, oils from bituminous minerals,... (¥ 80.8B).

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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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Ōita ranks 26th 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. Ōita it is in position 26th 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 Ōita already has a comparative advantage, are led by Photographic Chemicals (0.049), Petroleum Gas (0.049), Integrated Circuits (0.047), Semiconductor Devices (0.047), and LCDs (0.044).

Most Complex Products by PCI

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The highest complexity exports of Ōita according to the product complexity index (PCI) are Other Esters (1.85), Phosphoric Esters and Salts (1.59), Mirrors and Lenses (1.56), Flat Flat-Rolled Steel (1.47), and Phenols (1.41). 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 Hot-Rolled Iron (92.8), Sulfuric Acid (75.5), Refined Copper (44.8), Industrial Printers (41.5), and Cyclic Hydrocarbons (33.4).

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 Ōita 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  Ōita. These are products that tend to be co-exported with the products that Ōita 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.