Kumamoto

Prefecture in Kyushu Region of Japan

2019
Economic
Complexity
: 0.21, Rank 30 of 41

Feb 2021
Trade
Exports | Imports
: ¥ 2.48B | ¥ 8.1B, 35 of 41 | 29 of 41

Feb 2021
Country
Destination | Origin
: South Korea | Australia , ¥ 601M  | ¥ 1.8B

Feb 2021
Product
Exports | Imports
: Electric Soldering Equipment | Coal Briquettes , ¥ 779M  | ¥ 1.72B

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

Exports: In 2020, Japan's Kumamoto exported ¥ 34.2B, making it the 36th largest exporter out of the 41 exporters in Japan. In 2020 the top exports of Kumamoto were Electric, laser and ultrasonic welding equipment... (¥ 6.28B), Outboard motors, spark-ignition (¥ 3.51B), Motorcycles, spark ignition engine of >... (¥ 3.49B), Ferrous waste or scrap, nes (¥ 2.2B), and Artificial graphite (¥ 2.1B).

Imports: In 2020, Japan's Kumamoto imported ¥ 93.1B, making it the 30th largest importer out of the 41 importers in Japan. In 2020 top imports of Kumamoto were Bituminous coal, not agglomerated (¥ 14.6B), Maize except seed corn (¥ 11.1B), Undenatured ethyl alcohol > 80% by... (¥ 8.03B), Photosensitive/photovoltaic/LED semiconductor devices (¥ 7.41B), and Wood in chips, non-coniferous (¥ 4.65B).

Economic Complexity: In 2019, the highest complexity exports of Kumamoto according to the product complexity index (PCI) are Machinery Having Individual Functions (1.93), Other Measuring Instruments (1.86), Electric Soldering Equipment (1.72), Artificial Textile Machinery (1.62), and Transmissions (1.59). 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 Kumamoto'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, ¥ 10.3B

Top Product (2020): Electric, laser and ultrasonic welding equipment..., ¥ 6.28B

In 2020 the top export destinations of Kumamoto were China (¥ 10.3B), South Korea (¥ 6.73B), Indonesia (¥ 2.85B), United States (¥ 2.59B), and Thailand (¥ 2.36B).

In 2020 the top exports of Kumamoto were Electric, laser and ultrasonic welding equipment... (¥ 6.28B), Outboard motors, spark-ignition (¥ 3.51B), Motorcycles, spark ignition engine of >... (¥ 3.49B), Ferrous waste or scrap, nes (¥ 2.2B), and Artificial graphite (¥ 2.1B).

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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): China, ¥ 20.8B

Top Import (2020): Bituminous coal, not agglomerated, ¥ 14.6B

In 2020 the top import origins of Kumamoto were China (¥ 20.8B), Australia (¥ 15.4B), Brazil (¥ 12.8B), United States (¥ 8.93B), and Vietnam (¥ 8.45B).

In 2020 the top imports of Kumamoto were Bituminous coal, not agglomerated (¥ 14.6B), Maize except seed corn (¥ 11.1B), Undenatured ethyl alcohol > 80% by... (¥ 8.03B), Photosensitive/photovoltaic/LED semiconductor devices (¥ 7.41B), and Wood in chips, non-coniferous (¥ 4.65B).

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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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Kumamoto ranks 30th 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. Kumamoto it is in position 30th 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 Kumamoto already has a comparative advantage, are led by Metalworking Machine Parts (0.073), Rubberworking Machinery (0.07), Interchangeable Tool Parts (0.069), Tool Plates (0.068), and Combustion Engines (0.067).

Most Complex Products by PCI

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The highest complexity exports of Kumamoto according to the product complexity index (PCI) are Machinery Having Individual Functions (1.93), Other Measuring Instruments (1.86), Electric Soldering Equipment (1.72), Artificial Textile Machinery (1.62), and Transmissions (1.59). 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 Artificial Graphite (320), Electric Soldering Equipment (280), Stone Working Machines (108), Live Fish (95.8), and Motorcycles (87.9).

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