Ōita

Prefecture in Kyushu Region of Japan

Exports (2019): ¥ 742B, Rnk 14/41

Top Destination (2019): ¥ 157B, China

Top Export (2019): ¥ 108B, Iron or non-alloy steel: in coils,...

Imports (2019): ¥ 1.17T, Rnk 13/41

Top Origin (2019): ¥ 330B, Australia

Top Import (2019): ¥ 265B, Copper ores and concentrates

Economic Complexity (2019): 0.21, Rnk 31 / 41

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

Exports: In 2019, Japan's Ōita exported ¥ 742B, making it the 14th largest exporter out of the 41 exporters in Japan. In 2019 the top exports of Ōita were Iron or non-alloy steel: in coils,... (¥ 108B), Copper cathodes and sections of cathodes... (¥ 101B), Printing machinery: parts and accessories, n.e.c.... (¥ 94.9B), Television cameras, digital cameras and video... (¥ 55.7B), and P-xylene (¥ 51.1B).

Imports: In 2019, Japan's Ōita imported ¥ 1.17T, making it the 13th largest importer out of the 41 importers in Japan. In 2019 top imports of Ōita were Copper ores and concentrates (¥ 265B), Petroleum oils, oils from bituminous minerals,... (¥ 256B), Iron ore, concentrate, not iron pyrites,unagglomerate (¥ 181B), Bituminous coal, not agglomerated (¥ 143B), and Petroleum spirit for motor vehicles (¥ 98B).

Economic Complexity: In 2019, the highest complexity exports of Ōita according to the product complexity index (PCI) are Phosphoric Esters and Salts (1.56), Flat Flat-Rolled Steel (1.45), Mirrors and Lenses (1.42), Other Esters (1.42), and Phenols (1.35). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Yearly Exports

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Top Destination (2019): China, ¥ 157B

Top Product (2019): Iron or non-alloy steel: in coils,..., ¥ 108B

In 2019 the top export destinations of Ōita were China (¥ 157B), United States (¥ 77.6B), South Korea (¥ 69.7B), Netherlands (¥ 57.2B), and Thailand (¥ 51.8B).

In 2019 the top exports of Ōita were Iron or non-alloy steel: in coils,... (¥ 108B), Copper cathodes and sections of cathodes... (¥ 101B), Printing machinery: parts and accessories, n.e.c.... (¥ 94.9B), Television cameras, digital cameras and video... (¥ 55.7B), and P-xylene (¥ 51.1B).

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Export Dynamics

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Fastest Growing Exports Destination (June 2019 - June 2020)

Rapidly Declining Export Origins (June 2019 - June 2020)

Yearly Imports

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Top Origin (2019): Australia, ¥ 330B

Top Import (2019): Copper ores and concentrates, ¥ 265B

In 2019 the top import origins of Ōita were Australia (¥ 330B), United Arab Emirates (¥ 147B), United States (¥ 95.2B), Brazil (¥ 78.8B), and Saudi Arabia (¥ 76.3B).

In 2019 the top imports of Ōita were Copper ores and concentrates (¥ 265B), Petroleum oils, oils from bituminous minerals,... (¥ 256B), Iron ore, concentrate, not iron pyrites,unagglomerate (¥ 181B), Bituminous coal, not agglomerated (¥ 143B), and Petroleum spirit for motor vehicles (¥ 98B).

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Import Dynamics

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Fastest Growing Import Origins (June 2019 - June 2020)

Rapidly Declining Import Origins (June 2019 - June 2020)

Comparison in Time

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This section shows differences between total trade from Ōita throughout time.

This section shows forecasts for total exports and imports from Ōita. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.

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Economic Complexity

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Economic Complexity of Japan

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Ōita ranks 31st 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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The economic complexity of a territory can change year to year. Ōita it is in position 31st 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 Integrated Circuits (0.053), Photographic Chemicals (0.049), Petroleum Gas (0.049), Ethers (0.047), and Styrene Polymers (0.045).

Most Complex Products by PCI

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The highest complexity exports of Ōita according to the product complexity index (PCI) are Phosphoric Esters and Salts (1.56), Flat Flat-Rolled Steel (1.45), Mirrors and Lenses (1.42), Other Esters (1.42), and Phenols (1.35). 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 (93.9), Sulfuric Acid (87.3), Refined Copper (44.5), Industrial Printers (35.9), and Cyclic Hydrocarbons (33.8).

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.