Miyazaki

Prefecture in Kyushu Region of Japan

2019
Economic
Complexity
: 0.22, Rank 29 of 41

Feb 2021
Trade
Exports | Imports
: ¥ 5.73B | ¥ 3.15B, 31 of 41 | 37 of 41

Feb 2021
Country
Destination | Origin
: China | United States , ¥ 2.01B  | ¥ 673M

Feb 2021
Product
Exports | Imports
: Ferroalloys | Fuel Wood , ¥ 983M  | ¥ 1.02B

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

Exports: In 2020, Japan's Miyazaki exported ¥ 66.2B, making it the 31st largest exporter out of the 41 exporters in Japan. In 2020 the top exports of Miyazaki were Parts of electric accumulators, including separators (¥ 11.9B), Ferro-nickel (¥ 9.26B), Polyamide-6, -11, -12, -6,6, -6,9, -6,10... (¥ 7.26B), Yarn of artificial filament, single, nes,... (¥ 7.12B), and Yarn, synthetic: filament, monofilament (less than... (¥ 4.08B).

Imports: In 2020, Japan's Miyazaki imported ¥ 34B, making it the 37th largest importer out of the 41 importers in Japan. In 2020 top imports of Miyazaki were Hexamethylenediamine, its salts (¥ 6.48B), Nickel ores and concentrates (¥ 6.33B), Wood in chips, non-coniferous (¥ 5.25B), Bituminous coal, not agglomerated (¥ 2.18B), and Commodities not specified according to kind (¥ 1.43B).

Economic Complexity: In 2019, the highest complexity exports of Miyazaki according to the product complexity index (PCI) are Transmissions (1.59), Polyamides (1.55), Petroleum Resins (1.38), Valves (1.34), and Glass Mirrors (1.28). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Comparison in Time

#permalink to section
Flow
Value

This section shows the differences between Miyazaki's total subnational aggregate trade throughout time. To explore the trade patterns of the country, visit Japan's country profile.

Visit Country Profile

Yearly Exports

#permalink to section
Value
Depth

Top Destination (2020): China, ¥ 18.6B

Top Product (2020): Parts of electric accumulators, including separators, ¥ 11.9B

In 2020 the top export destinations of Miyazaki were China (¥ 18.6B), South Korea (¥ 18.4B), India (¥ 4.99B), United States (¥ 3.96B), and Taiwan (¥ 3.49B).

In 2020 the top exports of Miyazaki were Parts of electric accumulators, including separators (¥ 11.9B), Ferro-nickel (¥ 9.26B), Polyamide-6, -11, -12, -6,6, -6,9, -6,10... (¥ 7.26B), Yarn of artificial filament, single, nes,... (¥ 7.12B), and Yarn, synthetic: filament, monofilament (less than... (¥ 4.08B).

Explore Visualizations

Exports Dynamics

#permalink to section

Fastest Growing Exports Destination (Feb 2020 - Feb 2021)

Rapidly Declining Export Origins (Feb 2020 - Feb 2021)

Yearly Imports

#permalink to section
Value
Depth

Top Origin (2020): United States, ¥ 7.94B

Top Import (2020): Hexamethylenediamine, its salts, ¥ 6.48B

In 2020 the top import origins of Miyazaki were United States (¥ 7.94B), New Caledonia (¥ 6.35B), Australia (¥ 4.54B), China (¥ 3.37B), and Thailand (¥ 2.52B).

In 2020 the top imports of Miyazaki were Hexamethylenediamine, its salts (¥ 6.48B), Nickel ores and concentrates (¥ 6.33B), Wood in chips, non-coniferous (¥ 5.25B), Bituminous coal, not agglomerated (¥ 2.18B), and Commodities not specified according to kind (¥ 1.43B).

Explore Visualizations

Imports Dynamics

#permalink to section

Fastest Growing Import Origins (Feb 2020 - Feb 2021)

Rapidly Declining Import Origins (Feb 2020 - Feb 2021)

Economic Complexity

#permalink to section

Economic Complexity of Japan

#permalink to section

Miyazaki ranks 29th out of the 41 prefectures in Japan according to ECI.

Estimated using exports data.

Discover Economic Complexity

Economic Complexity Ranking

#permalink to section
Scale

The economic complexity of a territory can change year to year. Miyazaki it is in position 29th considering its ECI in the last year.

Discover Economic Complexity

Export Opportunities by Relatedness

#permalink to section

The top export opportunities according to the relatedness level, without considering those products were Miyazaki already has a comparative advantage, are led by Electrical Lighting and Signalling Equipment (0.046), Air Pumps (0.044), Vehicle Parts (0.044), Polyamide Fabric (0.044), and Synthetic Rubber (0.044).

Most Complex Products by PCI

#permalink to section

The highest complexity exports of Miyazaki according to the product complexity index (PCI) are Transmissions (1.59), Polyamides (1.55), Petroleum Resins (1.38), Valves (1.34), and Glass Mirrors (1.28). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Most Specialized Products by RCA Index

#permalink to section

The most specialized products according to the RCA index are led by Non-Retail Artificial Filament Yarn (N/A), Polyamides (158), Petroleum Resins (113), Non-Retail Synthetic Filament Yarn (81.8), and Electric Batteries (53.1).

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 Miyazaki 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

#permalink to section

This network shows the products most related to the production structure of  Miyazaki. These are products that tend to be co-exported with the products that Miyazaki exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Diversification Frontier

#permalink to section
Depth
Filter

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.