2019 Economic Complexity: -0.3, Rank 40 of 41
Feb 2021 Trade Exports | Imports: ¥ 1.34B | ¥ 7.3B, 39 of 41 | 30 of 41
Feb 2021 Country Destination | Origin: Taiwan | Germany , ¥ 351M | ¥ 1.28B
Feb 2021 Product Exports | Imports: Scrap Iron | Combustion Engines , ¥ 345M | ¥ 1.25B
Overview: This page contains the latest international trade data for Okinawa, including export and import data.
Exports: In 2020, Japan's Okinawa exported ¥ 30.1B, making it the 38th largest exporter out of the 41 exporters in Japan. In 2020 the top exports of Okinawa were Commodities not specified according to kind (¥ 13.3B), Machines and apparatus of a kind... (¥ 1.91B), Machines and apparatus of a kind... (¥ 1.9B), Shovels and excavators with revolving superstructure (¥ 1.16B), and Ferrous waste or scrap, nes (¥ 1.01B).
Imports: In 2020, Japan's Okinawa imported ¥ 121B, making it the 28th largest importer out of the 41 importers in Japan. In 2020 top imports of Okinawa were Natural gas, liquefied (¥ 17.7B), Petroleum oils, oils from bituminous minerals,... (¥ 17.1B), Bituminous coal, not agglomerated (¥ 8.73B), Light petroleum distillates nes (¥ 5.82B), and Coal except anthracite or bituminous, not... (¥ 3.74B).
Economic Complexity: In 2019, the highest complexity exports of Okinawa according to the product complexity index (PCI) are Other Measuring Instruments (1.86), Fork-Lifts (1.67), Gas and Liquid Flow Measuring Instruments (1.43), Combustion Engines (1.17), and Ball Bearings (1.04). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Overview: In February 2021 Okinawa exported ¥1.34B and imported ¥7.3B, resulting in a negative trade balance of ¥5.96B. Between February 2020 and February 2021 the exports of Okinawa have decreased by $-1.68B (-55.7%) from ¥3.02B to ¥1.34B, while imports decreased by ¥-1.08B (-12.9%) from ¥8.38B to ¥7.3B.
Trade: In February 2021, the top exports of Okinawa were Scrap Iron (Â¥345M), Recovered Paper (Â¥140M), Commodities not elsewhere specified (Â¥138M), Centrifuges (Â¥65.4M), and Beer (Â¥63.7M). In February 2021 the top imports of Okinawa were Combustion Engines (Â¥1.25B), Refined Petroleum (Â¥790M), Coal Briquettes (Â¥660M), Other Prepared Meat (Â¥369M), and Pig Meat (Â¥255M).
Destinations: In February 2021, Okinawa exported mostly to Taiwan (Â¥351M), Singapore (Â¥204M), Vietnam (Â¥196M), South Korea (Â¥157M), and Hong Kong (Â¥113M), and imported mostly from Germany (Â¥1.28B), China (Â¥1.09B), South Korea (Â¥1B), United States (Â¥785M), and Indonesia (Â¥477M).
Growth: In February 2021, the decrease in Okinawa's year-by-year exports was explained primarily by an decrease in exports to Taiwan (Â¥-1.86B or -84.2%), United States (Â¥-78.7M or -80%), and Hong Kong (Â¥-55.5M or -33%), and product exports decrease in Machines and apparatus of a kind... (Â¥-1.9B or -99.5%), Scrap Copper (Â¥-39.9M or -64.3%), and Machinery Having Individual Functions (Â¥-35.1M or -94.1%). In February 2021, the decrease in Okinawa's year-by-year imports was explained primarily by an decrease in imports from South Korea (Â¥-1.55B or -60.7%), Australia (Â¥-753M or -85.2%), and Thailand (Â¥-258M or -39.3%), and product imports decrease in Refined Petroleum (Â¥-1.49B or -65.3%), Coal Briquettes (Â¥-681M or -50.8%), and Rice (Â¥-360M or -97.4%).
EXPORT GROWTH (February 2020 - February 2021): ¥-1.68B, (-55.7%)
IMPORT GROWTH (February 2020 - February 2021): ¥-1.08B, (-12.9%)
This section shows exports and imports data at subnational level for Okinawa. Click any date in the line plot, any subnational region in the geomap, or any product, destination or origin country to explore the exports or imports behavior of Okinawa over time.
This section shows the differences between Okinawa's total subnational aggregate trade throughout time. To explore the trade patterns of the country, visit Japan's country profile.
Top Destination (2020): China, ¥ 11.7B
Top Product (2020): Commodities not specified according to kind, ¥ 13.3B
In 2020 the top export destinations of Okinawa were China (Â¥ 11.7B), Taiwan (Â¥ 6.87B), Hong Kong (Â¥ 2.91B), Vietnam (Â¥ 1.19B), and Singapore (Â¥ 1.11B).
In 2020 the top exports of Okinawa were Commodities not specified according to kind (Â¥ 13.3B), Machines and apparatus of a kind... (Â¥ 1.91B), Machines and apparatus of a kind... (Â¥ 1.9B), Shovels and excavators with revolving superstructure (Â¥ 1.16B), and Ferrous waste or scrap, nes (Â¥ 1.01B).
Fastest Growing Exports Destination (Feb 2020 - Feb 2021)
Rapidly Declining Export Origins (Feb 2020 - Feb 2021)
Top Origin (2020): Australia, ¥ 26.1B
Top Import (2020): Natural gas, liquefied, ¥ 17.7B
In 2020 the top import origins of Okinawa were Australia (Â¥ 26.1B), China (Â¥ 19.5B), Saudi Arabia (Â¥ 17.2B), United States (Â¥ 11.5B), and South Korea (Â¥ 8.54B).
In 2020 the top imports of Okinawa were Natural gas, liquefied (Â¥ 17.7B), Petroleum oils, oils from bituminous minerals,... (Â¥ 17.1B), Bituminous coal, not agglomerated (Â¥ 8.73B), Light petroleum distillates nes (Â¥ 5.82B), and Coal except anthracite or bituminous, not... (Â¥ 3.74B).
Okinawa ranks 40th 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. Okinawa it is in position 40th considering its ECI in the last year.
The top export opportunities according to the relatedness level, without considering those products were Okinawa already has a comparative advantage, are led by Tropical Fruits (0.1), Crustaceans (0.1), Other Vegetables (0.098), Wheat Flours (0.097), and Fruit Juice (0.097).
The highest complexity exports of Okinawa according to the product complexity index (PCI) are Other Measuring Instruments (1.86), Fork-Lifts (1.67), Gas and Liquid Flow Measuring Instruments (1.43), Combustion Engines (1.17), and Ball Bearings (1.04). 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 Recovered Paper (98.1), Cassava (30.5), Scrap Plastic (27.5), Non-fillet Fresh Fish (20.1), and Beer (19.5).
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 Okinawa 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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Okinawa