KansaiRegion in Japan
2020 Economic Complexity : 0.73, Rank 3 of 8
Dec 2022 Trade Exports | Imports: ¥ 2.01T | ¥ 1.96T, 2 of 8 | 2 of 8
Dec 2022 Country Destination | Origin: China | China , ¥ 483B | ¥ 492B
Dec 2022 Product Exports | Imports: Commodities not specified according to kind | Petroleum oils, oils from bituminous minerals, crude , ¥ 156B | ¥ 254B
Overview This page contains the latest international trade data for Kansai. In December 2022 Kansai was the number 2 in total exports and the number 2 in total imports in Japan.
Exports In 2022, Japan's Kansai exported ¥ 22.7T, making it the 2nd largest exporter out of the 8 exporters in Japan. In 2022 the top exports of Kansai were Electronic integrated circuits: memories (¥ 1.5T), Commodities not specified according to kind (¥ 1.47T), Shovels and excavators with revolving superstructure (¥ 551B), Electric capacitors, fixed, ceramic, multilayer, (¥ 499B), and Machines and apparatus of a kind... (¥ 445B).
Imports In 2022, Japan's Kansai imported ¥ 23.5T, making it the 2nd largest importer out of the 8 importers in Japan. In 2022 top imports of Kansai were Petroleum oils, oils from bituminous minerals,... (¥ 2.7T), Natural gas, liquefied (¥ 1.83T), Bituminous coal, not agglomerated (¥ 810B), Medicaments nes, in dosage (¥ 744B), and Commodities not specified according to kind (¥ 497B).
Economic Complexity In 2020, the highest complexity exports of Kansai according to the product complexity index (PCI) are Artificial Textile Machinery (2.09), Electrical Capacitors (1.33), Sound Recordings (0.75), Large Construction Vehicles (0.55), and Oxometallic or Peroxometallic Acid Salts (-0.13). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
December, 2022
Overview In December 2022 Kansai exported ¥2.01T and imported ¥1.96T, resulting in a positive trade balance of ¥52.4B. Between December 2021 and December 2022 the exports of Kansai have increased by $146B (7.82%) from ¥1.87T to ¥2.01T, while imports increased by ¥290B (17.4%) from ¥1.67T to ¥1.96T.
Trade In December 2022, the top exports of Kansai were Commodities not elsewhere specified (Â¥156B), Integrated Circuits (Â¥152B), Large Construction Vehicles (Â¥74.8B), Machines and apparatus of a kind... (Â¥69.1B), and Semiconductor Devices (Â¥57.4B). In December 2022 the top imports of Kansai were Crude Petroleum (Â¥254B), Petroleum Gas (Â¥188B), Coal Briquettes (Â¥79.5B), Integrated Circuits (Â¥57.6B), and Packaged Medicaments (Â¥53.1B).
Destinations In December 2022, Kansai exported mostly to China (Â¥483B), United States (Â¥291B), Taiwan (Â¥207B), South Korea (Â¥113B), and Hong Kong (Â¥91.8B), and imported mostly from China (Â¥492B), Australia (Â¥185B), United States (Â¥152B), Saudi Arabia (Â¥115B), and United Arab Emirates (Â¥112B).
Growth In December 2022, the increase in Kansai's year-by-year exports was explained primarily by an increase in exports to United States (Â¥28.8B or 17.3%), South Korea (Â¥15.4B or 14.2%), and Belgium (Â¥11.4B or 163%), and product exports increase in Integrated Circuits (Â¥30.3B or 26.1%), Refined Petroleum (Â¥17.5B or 122%), and Large Construction Vehicles (Â¥13.8B or 35.8%). In December 2022, the increase in Kansai's year-by-year imports was explained primarily by an increase in imports from China (Â¥131B or 31.1%), Saudi Arabia (Â¥46.6B or 116%), and Spain (Â¥40.8B or 987%), and product imports increase in Crude Petroleum (Â¥62.5B or 85.1%), Vaccines, blood, antisera, toxins and cultures (Â¥40.4B or 259%), and Coal Briquettes (Â¥25.9B or 167%).
EXPORT GROWTH (December 2021 - December 2022): ¥146B, (7.82%)
IMPORT GROWTH (December 2021 - December 2022): ¥290B, (17.4%)
This section shows exports and imports data at subnational level for Kansai. Click any date in the line plot, any subnational region in the geomap, or any product, destination or origin country to explore the exports or imports behavior of Kansai over time.
For full datasets download visit Bulk Download page.
Top Destination (2022): China, ¥ 5.46T
Top Product (2022): Electronic integrated circuits: memories, ¥ 1.5T
In 2022 the top export destinations of Kansai were China (Â¥ 5.46T), United States (Â¥ 3.41T), Taiwan (Â¥ 2.24T), South Korea (Â¥ 1.47T), and Hong Kong (Â¥ 1.09T).
In 2022 the top exports of Kansai were Electronic integrated circuits: memories (Â¥ 1.5T), Commodities not specified according to kind (Â¥ 1.47T), Shovels and excavators with revolving superstructure (Â¥ 551B), Electric capacitors, fixed, ceramic, multilayer, (Â¥ 499B), and Machines and apparatus of a kind... (Â¥ 445B).
Fastest Growing Exports Destination (Dec 2021 - Dec 2022)
Rapidly Declining Export Origins (Dec 2021 - Dec 2022)
Top Origin (2022): China, ¥ 6.18T
Top Import (2022): Petroleum oils, oils from bituminous minerals,..., ¥ 2.7T
In 2022 the top import origins of Kansai were China (Â¥ 6.18T), Australia (Â¥ 1.9T), United States (Â¥ 1.83T), United Arab Emirates (Â¥ 1.27T), and Saudi Arabia (Â¥ 1.2T).
In 2022 the top imports of Kansai were Petroleum oils, oils from bituminous minerals,... (Â¥ 2.7T), Natural gas, liquefied (Â¥ 1.83T), Bituminous coal, not agglomerated (Â¥ 810B), Medicaments nes, in dosage (Â¥ 744B), and Commodities not specified according to kind (Â¥ 497B).
Fastest Growing Import Origins (Dec 2021 - Dec 2022)
Economic Complexity (2022): 0.73
Kansai ranks 3rd out of the 8 regions 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.
The economic complexity of a territory can change year to year. Kansai it is in position 3rd considering its ECI in the last year.
The top export opportunities according to the relatedness level, without considering those products were Kansai already has a comparative advantage, are led by Photo Lab Equipment (0.49), Blank Audio Media (0.48), Cast or Rolled Glass (0.48), Watch Movements (0.47), and Artificial Filament Tow (0.46).
The highest complexity exports of Kansai according to the product complexity index (PCI) are Artificial Textile Machinery (2.09), Electrical Capacitors (1.33), Sound Recordings (0.75), Large Construction Vehicles (0.55), and Oxometallic or Peroxometallic Acid Salts (-0.13). 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 (71.6), Sound Recordings (50.9), Sound Recordings (50.9), Sound Recordings (50.9), and Sound Recordings (50.9).
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 Kansai 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. Bubble size corresponds to exports value by year 2020.
Have questions, comments, or concerns?
Send us an e-mail: [email protected]
v5.1.14 lamb