2020 Economic Complexity : 0.79, Rank 7 of 41
May 2021 Trade Exports | Imports: ¥ 879B | ¥ 794B, 3 of 41 | 3 of 41
May 2021 Country Destination | Origin: China | China , ¥ 248B | ¥ 298B
May 2021 Product Exports | Imports: Electronic integrated circuits: memories | Medicaments nes, in dosage , ¥ 97B | ¥ 40.8B
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 Photographic Film (1.96). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Overview: In May 2021 Osaka exported ¥879B and imported ¥794B, resulting in a positive trade balance of ¥84.7B. Between May 2020 and May 2021 the exports of Osaka have increased by $238B (37.2%) from ¥641B to ¥879B, while imports increased by ¥86.4B (12.2%) from ¥708B to ¥794B.
Trade: In May 2021, the top exports of Osaka were Integrated Circuits (¥121B), Commodities not elsewhere specified (¥84.5B), Semiconductor Devices (¥49.1B), Electrical Capacitors (¥42.7B), and Machines and apparatus of a kind... (¥29.8B). In May 2021 the top imports of Osaka were Packaged Medicaments (¥46.8B), Telephones (¥46B), Blood, antisera, vaccines, toxins and cultures (¥40.6B), Integrated Circuits (¥26.8B), and Crude Petroleum (¥25.9B).
Destinations: In May 2021, Osaka exported mostly to China (¥248B), Taiwan (¥121B), United States (¥111B), Hong Kong (¥65.7B), and South Korea (¥64.2B), and imported mostly from China (¥298B), United States (¥80.5B), Taiwan (¥54.8B), South Korea (¥44.2B), and Vietnam (¥29.2B).
Growth: In May 2021, the increase in Osaka's year-by-year exports was explained primarily by an increase in exports to China (¥44.3B or 21.8%), United States (¥43.4B or 64.2%), and Taiwan (¥27.5B or 29.4%), and product exports increase in Commodities not elsewhere specified (¥43B or 104%), Video and Card Games (¥14.9B or 271%), and Semiconductor Devices (¥11.2B or 29.6%). In May 2021, the increase in Osaka's year-by-year imports was explained primarily by an increase in imports from United States (¥20.5B or 34.3%), Spain (¥13.6B or 471%), and South Korea (¥12.2B or 38.2%), and product imports increase in Blood, antisera, vaccines, toxins and cultures (¥29.4B or 264%), Telephones (¥14.4B or 45.7%), and Refined Petroleum (¥7.9B or 161%).
EXPORT GROWTH (May 2020 - May 2021): ¥238B, (37.2%)
IMPORT GROWTH (May 2020 - May 2021): ¥86.4B, (12.2%)
This section shows exports and imports data at subnational level for Osaka. 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 Osaka over time.
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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).
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).
Fastest Growing Import Origins (May 2020 - May 2021)
Rapidly Declining Import Origins (May 2020 - May 2021)
Economic Complexity (2020): 0.79
Osaka ranks 7th out of the 41 prefectures in Japan according to ECI.
The Economic Complexity Index, or ECI, is a measure of an economy’s capacity which can be inferred from data connecting locations to the activities that are present in them. For more info about Economic Complexity, visit the Economic Complexity page.
Estimated using exports data.
The economic complexity of a territory can change year to year. Osaka it is in position 7th considering its ECI in the last year.
The top export opportunities according to the relatedness level, without considering those products were Osaka already has a comparative advantage, are led by Photo Lab Equipment (0.35), Cast or Rolled Glass (0.34), Watch Movements (0.33), Metalworking Transfer Machines (0.33), and Knitting Machines (0.32).
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 Photographic Film (1.96). 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 Electrical Capacitors (32.1), Electrical Parts (25.5), Developed Exposed Photographic Material (20.4), Video and Card Games (15), and Decals (12.3).
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 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.
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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