Osaka

Prefecture in Kansai Region of Japan

2019
Economic
Complexity
: 0.79, Rank 7 of 41

Feb 2021
Trade
Exports | Imports
: ¥ 813B | ¥ 744B, 3 of 41 | 3 of 41

Feb 2021
Country
Destination | Origin
: China | China , ¥ 207B  | ¥ 270B

Feb 2021
Product
Exports | Imports
: Integrated Circuits | Packaged Medicaments , ¥ 107B  | ¥ 56.8B

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

Exports: In 2020, Japan's Osaka exported ¥ 9.46T, making it the 3rd largest exporter out of the 41 exporters in Japan. In 2020 the top exports of Osaka were Electronic integrated circuits: memories (¥ 1.2T), Commodities not specified according to kind (¥ 699B), Electric capacitors, fixed, ceramic, multilayer, (¥ 390B), Games: video game consoles and machines,... (¥ 240B), and Photosensitive/photovoltaic/LED semiconductor devices (¥ 222B).

Imports: In 2020, Japan's Osaka imported ¥ 9.25T, making it the 3rd largest importer out of the 41 importers in Japan. In 2020 top imports of Osaka were Medicaments nes, in dosage (¥ 542B), Petroleum oils, oils from bituminous minerals,... (¥ 386B), Telephones for cellular networks or for... (¥ 382B), Natural gas, liquefied (¥ 330B), and Commodities not specified according to kind (¥ 299B).

Economic Complexity: In 2019, the highest complexity exports of Osaka according to the product complexity index (PCI) are Developed Exposed Photographic Material (2.81), Disc Chemicals for Electronics (2.2), Photographic Chemicals (2.16), Tool Plates (1.96), and Machinery Having Individual Functions (1.93). 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 Osaka'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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Depth

Top Destination (2020): China, ¥ 2.66T

Top Product (2020): Electronic integrated circuits: memories, ¥ 1.2T

In 2020 the top export destinations of Osaka were China (¥ 2.66T), Taiwan (¥ 1.24T), United States (¥ 1.15T), Hong Kong (¥ 777B), and South Korea (¥ 738B).

In 2020 the top exports of Osaka were Electronic integrated circuits: memories (¥ 1.2T), Commodities not specified according to kind (¥ 699B), Electric capacitors, fixed, ceramic, multilayer, (¥ 390B), Games: video game consoles and machines,... (¥ 240B), and Photosensitive/photovoltaic/LED semiconductor devices (¥ 222B).

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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): China, ¥ 3.47T

Top Import (2020): Medicaments nes, in dosage, ¥ 542B

In 2020 the top import origins of Osaka were China (¥ 3.47T), United States (¥ 823B), Taiwan (¥ 609B), South Korea (¥ 428B), and Vietnam (¥ 347B).

In 2020 the top imports of Osaka were Medicaments nes, in dosage (¥ 542B), Petroleum oils, oils from bituminous minerals,... (¥ 386B), Telephones for cellular networks or for... (¥ 382B), Natural gas, liquefied (¥ 330B), and Commodities not specified according to kind (¥ 299B).

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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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Osaka ranks 7th 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. Osaka it is in position 7th 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 Osaka already has a comparative advantage, are led by Cast or Rolled Glass (0.36), Photographic Film (0.36), Photo Lab Equipment (0.36), Metalworking Transfer Machines (0.35), and Watch Movements (0.34).

Most Complex Products by PCI

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The highest complexity exports of Osaka according to the product complexity index (PCI) are Developed Exposed Photographic Material (2.81), Disc Chemicals for Electronics (2.2), Photographic Chemicals (2.16), Tool Plates (1.96), and Machinery Having Individual Functions (1.93). 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 Electrical Capacitors (30.1), Developed Exposed Photographic Material (28.2), Electrical Parts (25.3), Pearls (18.2), and Decals (14.7).

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 Osaka 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  Osaka. These are products that tend to be co-exported with the products that Osaka 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.