Okinawa

Prefecture in Kyushu Region of Japan

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.

Comparison in Time

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Flow
Value

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.

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Yearly Exports

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Value
Depth

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 (¥ 11.7B), Taiwan (¥ 6.87B), Hong Kong (¥ 2.91B), Vietnam (¥ 1.19B), and Singapore (¥ 1.11B).

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).

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Exports Dynamics

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Fastest Growing Exports Destination (Feb 2020 - Feb 2021)

Rapidly Declining Export Origins (Feb 2020 - Feb 2021)

Yearly Imports

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Value
Depth

Top Origin (2020): Australia, ¥ 26.1B

Top Import (2020): Natural gas, liquefied, ¥ 17.7B

In 2020 the top import origins of Okinawa were Australia (¥ 26.1B), China (¥ 19.5B), Saudi Arabia (¥ 17.2B), United States (¥ 11.5B), and South Korea (¥ 8.54B).

In 2020 the 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).

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Imports Dynamics

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Fastest Growing Import Origins (Feb 2020 - Feb 2021)

Rapidly Declining Import Origins (Feb 2020 - Feb 2021)

Economic Complexity

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Economic Complexity of Japan

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Okinawa ranks 40th 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 40th 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 (0.1), Crustaceans (0.1), Other Vegetables (0.098), Wheat Flours (0.097), and Fruit Juice (0.097).

Most Complex Products by PCI

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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.

Most Specialized Products by RCA Index

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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.

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.