Exports (2019): ¥ 247B, Rnk 20/41
Top Destination (2019): ¥ 70.8B, United States
Top Export (2019): ¥ 53.2B, Pneumatic tyres new of rubber for...
Imports (2019): ¥ 789B, Rnk 18/41
Top Origin (2019): ¥ 112B, China
Top Import (2019): ¥ 287B, Petroleum oils, oils from bituminous minerals,...
Economic Complexity (2019): 0.27, Rnk 27 / 41
Overview: This page contains the latest international trade data for Miyagi, including export and import data.
Exports: In 2019, Japan's Miyagi exported ¥ 247B, making it the 20th largest exporter out of the 41 exporters in Japan. In 2019 the top exports of Miyagi were Pneumatic tyres new of rubber for... (¥ 53.2B), Parts for spark-ignition engines except aircraft (¥ 14.9B), Light petroleum distillates nes (¥ 11.3B), Printing machinery: parts and accessories, n.e.c.... (¥ 9.42B), and Propene (propylene) (¥ 6.38B).
Imports: In 2019, Japan's Miyagi imported ¥ 789B, making it the 18th largest importer out of the 41 importers in Japan. In 2019 top imports of Miyagi were Petroleum oils, oils from bituminous minerals,... (¥ 287B), Natural gas, liquefied (¥ 58.5B), Petroleum spirit for motor vehicles (¥ 32B), Propane, liquefied (¥ 26B), and Photosensitive/photovoltaic/LED semiconductor devices (¥ 24.4B).
Economic Complexity: In 2019, the highest complexity exports of Miyagi according to the product complexity index (PCI) are Machinery Having Individual Functions (2.02), Tool Plates (1.98), Self-adhesive Plastics (1.6), Motor-working Tools (1.56), and Metalworking Machine Parts (1.53). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Top Destination (2019): United States, ¥ 70.8B
Top Product (2019): Pneumatic tyres new of rubber for..., ¥ 53.2B
In 2019 the top export destinations of Miyagi were United States (¥ 70.8B), South Korea (¥ 37.4B), China (¥ 26.8B), Taiwan (¥ 13.3B), and Thailand (¥ 11.9B).
In 2019 the top exports of Miyagi were Pneumatic tyres new of rubber for... (¥ 53.2B), Parts for spark-ignition engines except aircraft (¥ 14.9B), Light petroleum distillates nes (¥ 11.3B), Printing machinery: parts and accessories, n.e.c.... (¥ 9.42B), and Propene (propylene) (¥ 6.38B).
Fastest Growing Exports Destination (June 2019 - June 2020)
Rapidly Declining Export Origins (June 2019 - June 2020)
Top Origin (2019): China, ¥ 112B
Top Import (2019): Petroleum oils, oils from bituminous minerals,..., ¥ 287B
In 2019 the top import origins of Miyagi were China (¥ 112B), United States (¥ 84.2B), Kuwait (¥ 80.8B), United Arab Emirates (¥ 77.5B), and Oman (¥ 52.9B).
In 2019 the top imports of Miyagi were Petroleum oils, oils from bituminous minerals,... (¥ 287B), Natural gas, liquefied (¥ 58.5B), Petroleum spirit for motor vehicles (¥ 32B), Propane, liquefied (¥ 26B), and Photosensitive/photovoltaic/LED semiconductor devices (¥ 24.4B).
This section shows differences between total trade from Miyagi throughout time.
This section shows forecasts for total exports and imports from Miyagi. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.
Miyagi ranks 27th out of the 41 prefectures in Japan according to ECI.
Estimated using exports data.
The economic complexity of a territory can change year to year. Miyagi it is in position 27th considering its ECI in the last year.
The top export opportunities according to the relatedness level, without considering those products were Miyagi already has a comparative advantage, are led by Integrated Circuits (0.12), Microscopes (0.12), Copper Foil (0.11), Disc Chemicals for Electronics (0.11), and Other Measuring Instruments (0.11).
The highest complexity exports of Miyagi according to the product complexity index (PCI) are Machinery Having Individual Functions (2.02), Tool Plates (1.98), Self-adhesive Plastics (1.6), Motor-working Tools (1.56), and Metalworking Machine Parts (1.53). 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 Steel Bars (65.6), Ink Ribbons (48.9), Hot-Rolled Iron Bars (48.2), Rubber Tires (47.9), and Rock Wool (41.3).
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 Miyagi 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.
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Miyagi