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

Exports In 2020, Japan's Miyagi exported ¥ 186B, making it the 19th largest exporter out of the 41 exporters in Japan. In 2020 the top exports of Miyagi were Pneumatic tyres new of rubber for... (¥ 43B), Parts for spark-ignition engines except aircraft (¥ 7.18B), Magnetic media: other than cards incorporating... (¥ 7.08B), Ferrous waste or scrap, nes (¥ 6.81B), and Copper/copper alloy waste or scrap (¥ 6.15B).

Imports In 2020, Japan's Miyagi imported ¥ 619B, making it the 18th largest importer out of the 41 importers in Japan. In 2020 top imports of Miyagi were Petroleum oils, oils from bituminous minerals,... (¥ 175B), Natural gas, liquefied (¥ 40.1B), Photosensitive/photovoltaic/LED semiconductor devices (¥ 24.5B), Propane, liquefied (¥ 23.2B), and Petroleum spirit for motor vehicles (¥ 20.8B).

Economic Complexity In 2020, the highest complexity exports of Miyagi according to the product complexity index (PCI) are Tool Plates (1.96), Oscilloscopes (1.77), Blank Audio Media (1.74), Interchangeable Tool Parts (1.56), and Motor-working Tools (1.55). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Historical Data

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Yearly Exports

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Top Destination (2020): United States, ¥ 47.1B

Top Product (2020): Pneumatic tyres new of rubber for..., ¥ 43B

In 2020 the top export destinations of Miyagi were United States (¥ 47.1B), South Korea (¥ 25.6B), China (¥ 19.8B), Thailand (¥ 12.6B), and Vietnam (¥ 11.3B).

In 2020 the top exports of Miyagi were Pneumatic tyres new of rubber for... (¥ 43B), Parts for spark-ignition engines except aircraft (¥ 7.18B), Magnetic media: other than cards incorporating... (¥ 7.08B), Ferrous waste or scrap, nes (¥ 6.81B), and Copper/copper alloy waste or scrap (¥ 6.15B).

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Average price over time

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Air Conditioners
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Exports Dynamics

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Fastest Growing Exports Destination (Aug 2020 - Aug 2021)

Rapidly Declining Export Origins (Aug 2020 - Aug 2021)

Yearly Imports

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Top Origin (2020): China, ¥ 104B

Top Import (2020): Petroleum oils, oils from bituminous minerals,..., ¥ 175B

In 2020 the top import origins of Miyagi were China (¥ 104B), United States (¥ 62.4B), Saudi Arabia (¥ 58.9B), Kuwait (¥ 56.6B), and United Arab Emirates (¥ 40.4B).

In 2020 the top imports of Miyagi were Petroleum oils, oils from bituminous minerals,... (¥ 175B), Natural gas, liquefied (¥ 40.1B), Photosensitive/photovoltaic/LED semiconductor devices (¥ 24.5B), Propane, liquefied (¥ 23.2B), and Petroleum spirit for motor vehicles (¥ 20.8B).

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Imports Dynamics

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Fastest Growing Import Origins (Aug 2020 - Aug 2021)

Rapidly Declining Import Origins (Aug 2020 - Aug 2021)

Economic Complexity

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Economic Complexity of Japan

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Economic Complexity (2020): 0.2

Miyagi ranks 30th out of the 41 prefectures 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

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The economic complexity of a territory can change year to year. Miyagi 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 Miyagi already has a comparative advantage, are led by Copper Foil (0.11), Optical Fibers (0.1), Synthetic Rubber (0.098), Other Measuring Instruments (0.097), and Integrated Circuits (0.097).

Most Complex Products by PCI

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The highest complexity exports of Miyagi according to the product complexity index (PCI) are Tool Plates (1.96), Oscilloscopes (1.77), Blank Audio Media (1.74), Interchangeable Tool Parts (1.56), and Motor-working Tools (1.55). 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 Ink Ribbons (52.9), Rubber Tires (52.5), Other Mineral (51.7), Buttons (50.7), and Steel Bars (49.9).

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 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.

Relatedness Space

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This network shows the products most related to the production structure of  Miyagi. These are products that tend to be co-exported with the products that Miyagi 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.