Okinawa

Prefecture in Kyushu Region of Japan

Exports (2019): ¥ 31.1B, Rnk 38/41

Top Destination (2019): ¥ 14.8B, China

Top Export (2019): ¥ 16.3B, Commodities not specified according to kind

Imports (2019): ¥ 149B, Rnk 28/41

Top Origin (2019): ¥ 23B, Saudi Arabia

Top Import (2019): ¥ 22.9B, Petroleum oils, oils from bituminous minerals,...

Economic Complexity (2019): -0.23, Rnk 38 / 41

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

Exports: In 2019, Japan's Okinawa exported ¥ 31.1B, making it the 38th largest exporter out of the 41 exporters in Japan. In 2019 the top exports of Okinawa were Commodities not specified according to kind (¥ 16.3B), Waste or scrap of unbleached kraft... (¥ 1.07B), Shovels and excavators with revolving superstructure (¥ 1.06B), Floating docks, special function vessels nes (¥ 982M), and Ferrous waste or scrap, nes (¥ 818M).

Imports: In 2019, Japan's Okinawa imported ¥ 149B, making it the 28th largest importer out of the 41 importers in Japan. In 2019 top imports of Okinawa were Petroleum oils, oils from bituminous minerals,... (¥ 22.9B), Natural gas, liquefied (¥ 15.1B), Bituminous coal, not agglomerated (¥ 11.3B), Light petroleum distillates nes (¥ 9.43B), and Coal except anthracite or bituminous, not... (¥ 8.45B).

Economic Complexity: In 2019, the highest complexity exports of Okinawa according to the product complexity index (PCI) are Fork-Lifts (1.71), Other Measuring Instruments (1.44), Gas and Liquid Flow Measuring Instruments (1.4), Ball Bearings (1.22), and Combustion Engines (1.2). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Yearly Exports

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Value
Depth

Top Destination (2019): China, ¥ 14.8B

Top Product (2019): Commodities not specified according to kind, ¥ 16.3B

In 2019 the top export destinations of Okinawa were China (¥ 14.8B), Taiwan (¥ 2.65B), South Korea (¥ 2.49B), Hong Kong (¥ 2.43B), and United States (¥ 1.39B).

In 2019 the top exports of Okinawa were Commodities not specified according to kind (¥ 16.3B), Waste or scrap of unbleached kraft... (¥ 1.07B), Shovels and excavators with revolving superstructure (¥ 1.06B), Floating docks, special function vessels nes (¥ 982M), and Ferrous waste or scrap, nes (¥ 818M).

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Export Dynamics

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Fastest Growing Exports Destination (June 2019 - June 2020)

Rapidly Declining Export Origins (June 2019 - June 2020)

Yearly Imports

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Top Origin (2019): Saudi Arabia, ¥ 23B

Top Import (2019): Petroleum oils, oils from bituminous minerals,..., ¥ 22.9B

In 2019 the top import origins of Okinawa were Saudi Arabia (¥ 23B), China (¥ 22.6B), Australia (¥ 20.9B), United States (¥ 15.7B), and Indonesia (¥ 11.8B).

In 2019 the top imports of Okinawa were Petroleum oils, oils from bituminous minerals,... (¥ 22.9B), Natural gas, liquefied (¥ 15.1B), Bituminous coal, not agglomerated (¥ 11.3B), Light petroleum distillates nes (¥ 9.43B), and Coal except anthracite or bituminous, not... (¥ 8.45B).

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Import Dynamics

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Fastest Growing Import Origins (June 2019 - June 2020)

Rapidly Declining Import Origins (June 2019 - June 2020)

Comparison in Time

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This section shows differences between total trade from Okinawa throughout time.

This section shows forecasts for total exports and imports from Okinawa. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.

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Economic Complexity

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Economic Complexity of Japan

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Okinawa ranks 38th 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. Okinawa it is in position 38th 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 Okinawa already has a comparative advantage, are led by Tropical Fruits (0.11), Other Vegetables (0.1), Crustaceans (0.099), Fruit Juice (0.098), and Wheat Flours (0.098).

Most Complex Products by PCI

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The highest complexity exports of Okinawa according to the product complexity index (PCI) are Fork-Lifts (1.71), Other Measuring Instruments (1.44), Gas and Liquid Flow Measuring Instruments (1.4), Ball Bearings (1.22), and Combustion Engines (1.2). 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 Recovered Paper (84.1), Cassava (29.9), Non-fillet Fresh Fish (20.7), Scrap Plastic (20), and Beer (19.3).

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 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.

Relatedness Space

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