Kantō | The Observatory of Economic Complexity

Kantō

Region in Japan

2023
Economic
Complexity 0.8Rank 2 of 8

Sep 2024
Trade
Exports | Imports ¥ 3.53T | ¥ 4.62T1 of 8 | 1 of 8

Sep 2024
Country
Destination | Origin United States | China ¥ 761B | ¥ 1.14T

Image 1

Image by Julien Seguinot
Link: https://flic.kr/p/2hE3P9x

Latest Trends
Historical Data
Economic Complexity

About

Overview This page contains the latest international trade data for Kantō. In September 2024 Kantō was the number 1 in total exports and the number 1 in total imports in Japan.

Exports In 2023, Japan's Kantō exported ¥ 36.9T, making it the 1st largest exporter out of the 8 exporters in Japan. In 2023 the top exports of Kantō were Commodities not specified according to kind (¥ 5.28T), Medium Sized Cars (¥ 1.74T), Unwrought Non-Monetary Gold (¥ 1.5T), Semiconductor Manufacturing Equipment (¥ 1.05T), and Diesel Trucks 5-20 tonnes (¥ 542B).

Imports In 2023, Japan's Kantō imported ¥ 57.3T, making it the 1st largest importer out of the 8 importers in Japan. In 2023 top imports of Kantō were Crude Petroleum Oils (¥ 3.95T), Liquefied Natural Gas (¥ 2.85T), Smartphones (¥ 2.03T), Other Integrated Circuits (n.e.c.) (¥ 1.79T), and Bituminous coal, not agglomerated (¥ 1.16T).

Economic Complexity In 2023, the highest complexity exports of Kantō according to the product complexity index (PCI) are Developed Exposed Photographic Material (2.54), Metalworking Machines (2.2), Photographic Chemicals (2.17), Precious Metal Compounds (2.07), Photographic Film (2.06), Metalworking Transfer Machines (2.04), Disc Chemicals for Electronics (2.04), Non-optical Microscopes (1.97), Machinery Having Individual Functions (1.93), and Blank Audio Media (1.91). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Latest Trends

September, 2024

About

Overview In September 2024 Kantō exported ¥3.53T and imported ¥4.62T, resulting in a negative trade balance of ¥1.09T. Between September 2023 and September 2024 the exports of Kantō have increased by $164B (4.87%) from ¥3.37T to ¥3.53T, while imports increased by ¥36.8B (0.8%) from ¥4.59T to ¥4.62T.

Trade In September 2024, the top exports of Kantō were Commodities not elsewhere specified (¥538B), Cars (¥271B), Gold (¥239B), Machines and apparatus of a kind... (¥191B), and Delivery Trucks (¥87.9B). In September 2024 the top imports of Kantō were Telephones (¥329B), Crude Petroleum (¥282B), Integrated Circuits (¥236B), Petroleum Gas (¥224B), and Computers (¥203B).

Destinations In September 2024, Kantō exported mostly to United States (¥761B), China (¥583B), Hong Kong (¥297B), South Korea (¥233B), and Chinese Taipei (¥229B), and imported mostly from China (¥1.14T), United States (¥599B), Chinese Taipei (¥218B), United Arab Emirates (¥197B), and Germany (¥189B).

Growth In September 2024, the increase in Kantō's year-by-year exports was explained primarily by an increase in exports to United States (¥82B or 12.1%), South Korea (¥33.6B or 16.9%), and Singapore (¥21.6B or 18%), and product exports increase in Commodities not elsewhere specified (¥74.7B or 16.1%), Gold (¥65.2B or 37.4%), and Machines and apparatus of a kind... (¥61.9B or 48.1%). In September 2024, the increase in Kantō's year-by-year imports was explained primarily by an increase in imports from Chinese Taipei (¥34.7B or 18.9%), Germany (¥24.8B or 15.1%), and United States (¥22.4B or 3.88%), and product imports increase in Computers (¥64.4B or 46.3%), Integrated Circuits (¥39.3B or 20%), and Commodities not elsewhere specified (¥24.9B or 24.8%).

Latest Data

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

Product

EXPORT GROWTH (September 2023 - September 2024)¥164B(4.87%)

IMPORT GROWTH (September 2023 - September 2024)¥36.8B(0.8%)

This section shows exports and imports data at subnational level for Kantō. 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 Kantō over time.

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Historical Data

Yearly Exports

Color

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

Year

Top Destination (2023)United States¥ 7.39T

Top Product (2023)Commodities not specified according to kind¥ 5.28T

In 2023 the top export destinations of Kantō were United States (¥ 7.39T), China (¥ 6.56T), Hong Kong (¥ 2.83T), Chinese Taipei (¥ 2.42T), and South Korea (¥ 2.34T).

In 2023 the top exports of Kantō were Commodities not specified according to kind (¥ 5.28T), Medium Sized Cars (¥ 1.74T), Unwrought Non-Monetary Gold (¥ 1.5T), Semiconductor Manufacturing Equipment (¥ 1.05T), and Diesel Trucks 5-20 tonnes (¥ 542B).

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Exports Dynamics

Starting Date

Ending Date

Fastest Growing Exports Destination (Sep 2023 - Sep 2024)

United States ¥ 82B (12.1%)

South Korea ¥ 33.6B (16.9%)

Singapore ¥ 21.6B (18%)

Rapidly Declining Export Origins (Sep 2023 - Sep 2024)

Australia ¥ -24.5B (-25%)

Chile ¥ -15.5B (-73.5%)

Thailand ¥ -9.88B (-7.64%)

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Yearly Imports

Color

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

Year

Top Origin (2023)China¥ 12.6T

Top Import (2023)Crude Petroleum Oils¥ 3.95T

In 2023 the top import origins of Kantō were China (¥ 12.6T), United States (¥ 6.85T), Australia (¥ 2.99T), Chinese Taipei (¥ 2.82T), and United Arab Emirates (¥ 2.32T).

In 2023 the top imports of Kantō were Crude Petroleum Oils (¥ 3.95T), Liquefied Natural Gas (¥ 2.85T), Smartphones (¥ 2.03T), Other Integrated Circuits (n.e.c.) (¥ 1.79T), and Bituminous coal, not agglomerated (¥ 1.16T).

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Imports Dynamics

Starting Date

Ending Date

Fastest Growing Import Origins (Sep 2023 - Sep 2024)

Chinese Taipei ¥ 34.7B (18.9%)

Germany ¥ 24.8B (15.1%)

United States ¥ 22.4B (3.88%)

Rapidly Declining Import Origins (Sep 2023 - Sep 2024)

Belgium ¥ -66.8B (-76.9%)

Australia ¥ -60.7B (-25.6%)

Kuwait ¥ -39B (-60.3%)

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Economic Complexity

Economic Complexity of Kantō

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Geomap

Treemap

Economic Complexity (2023)0.8

Kantō ranks 2nd 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.

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Economic Complexity Ranking

Value

Ranking

Value

The economic complexity of a territory can change year to year. Kantō it is in position 2nd 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 Kantō already has a comparative advantage, are led by Photo Lab Equipment (0.4), Cermets (0.37), Epoxides (0.36), Nickel Powder (0.36), and Phenol Derivatives (0.35).

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Most Complex Products by PCI

The highest complexity exports of Kantō according to the product complexity index (PCI) are Developed Exposed Photographic Material (2.54), Metalworking Machines (2.2), Photographic Chemicals (2.17), Precious Metal Compounds (2.07), Photographic Film (2.06), Metalworking Transfer Machines (2.04), Disc Chemicals for Electronics (2.04), Non-optical Microscopes (1.97), Machinery Having Individual Functions (1.93), and Blank Audio Media (1.91). 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 Sound Recordings (30.29), Watch Movements (25.09), Photographic Chemicals (20.25), Photographic Plates (17.90), and Nickel Sheets (17.09).

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Product Space

RCA Filter

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

Section

HS2

HS4

Filter

All

RCA≤1

RCA>1

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.