Kōchi

Prefecture in Shikoku Region of Japan

2019
Economic
Complexity
: -0.24, Rank 37 of 41

Feb 2021
Trade
Exports | Imports
: ¥ 1.71B | ¥ 2.55B, 38 of 41 | 39 of 41

Feb 2021
Country
Destination | Origin
: United States | China , ¥ 487M  | ¥ 1.1B

Feb 2021
Product
Exports | Imports
: Cement | Coal Briquettes , ¥ 295M  | ¥ 559M

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

Exports: In 2020, Japan's Kōchi exported ¥ 36.1B, making it the 35th largest exporter out of the 41 exporters in Japan. In 2020 the top exports of Kōchi were Cargo vessels other than tanker or... (¥ 12.3B), Portland cement, other than white cement (¥ 3.66B), Rifles, sporting, hunting or target-shooting, nes (¥ 3.64B), Limestone materials for manufacture of lime... (¥ 3.28B), and Firearms: parts and accessories, of shotguns... (¥ 2.29B).

Imports: In 2020, Japan's Kōchi imported ¥ 22.8B, making it the 39th largest importer out of the 41 importers in Japan. In 2020 top imports of Kōchi were Bituminous coal, not agglomerated (¥ 6.29B), Chemical pulps of other fibrous material (¥ 1.39B), Vegetable products nes (¥ 1.33B), Wood; coniferous species, of pine (Pinus... (¥ 1.26B), and Ferro-silicon, >55% silicon (¥ 1.19B).

Economic Complexity: In 2019, the highest complexity exports of Kōchi according to the product complexity index (PCI) are Milling Stones (1.35), Other Paper Machinery (1.18), Non-woven Textiles (1.04), Harvesting Machinery (0.87), and Wheelchairs (0.81). 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 Kōchi'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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Depth

Top Destination (2020): Marshall Islands, ¥ 6.05B

Top Product (2020): Cargo vessels other than tanker or..., ¥ 12.3B

In 2020 the top export destinations of Kōchi were Marshall Islands (¥ 6.05B), United States (¥ 5.98B), China (¥ 4.01B), South Korea (¥ 3.91B), and Panama (¥ 3.71B).

In 2020 the top exports of Kōchi were Cargo vessels other than tanker or... (¥ 12.3B), Portland cement, other than white cement (¥ 3.66B), Rifles, sporting, hunting or target-shooting, nes (¥ 3.64B), Limestone materials for manufacture of lime... (¥ 3.28B), and Firearms: parts and accessories, of shotguns... (¥ 2.29B).

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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): Russia, ¥ 7.58B

Top Import (2020): Bituminous coal, not agglomerated, ¥ 6.29B

In 2020 the top import origins of Kōchi were Russia (¥ 7.58B), China (¥ 5.12B), Indonesia (¥ 1.67B), United States (¥ 1.34B), and New Zealand (¥ 1.3B).

In 2020 the top imports of Kōchi were Bituminous coal, not agglomerated (¥ 6.29B), Chemical pulps of other fibrous material (¥ 1.39B), Vegetable products nes (¥ 1.33B), Wood; coniferous species, of pine (Pinus... (¥ 1.26B), and Ferro-silicon, >55% silicon (¥ 1.19B).

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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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Kōchi ranks 37th 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. Kōchi it is in position 37th 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 Kōchi already has a comparative advantage, are led by Rough Wood (0.043), Other Wood Articles (0.04), Soap (0.04), Cleaning Products (0.039), and Plastic Lids (0.039).

Most Complex Products by PCI

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The highest complexity exports of Kōchi according to the product complexity index (PCI) are Milling Stones (1.35), Other Paper Machinery (1.18), Non-woven Textiles (1.04), Harvesting Machinery (0.87), and Wheelchairs (0.81). 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 Limestone (N/A), Other Firearms (N/A), Weapons Parts and Accessories (727), Cement (150), and Passenger and Cargo Ships (92.6).

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