2020 Economic Complexity : 0.77, Rank 7 of 41
Oct 2022 Trade Exports | Imports: ¥ 1.19T | ¥ 1.25T, 3 of 41 | 3 of 41
Oct 2022 Country Destination | Origin: China | China , ¥ 307B | ¥ 438B
Oct 2022 Product Exports | Imports: Electronic integrated circuits: memories | Petroleum oils, oils from bituminous minerals, crude , ¥ 137B | ¥ 92.2B
Overview This page contains the latest international trade data for Osaka. In October 2022 Osaka was the number 3 in total exports and the number 3 in total imports in Japan.
Exports In 2021, Japan's Osaka exported ¥ 11.6T, making it the 3rd largest exporter out of the 42 exporters in Japan. In 2021 the top exports of Osaka were Electronic integrated circuits: memories (¥ 1.37T), Commodities not specified according to kind (¥ 946B), Electric capacitors, fixed, ceramic, multilayer, (¥ 479B), Other games: video game consoles and... (¥ 281B), and Photosensitive/photovoltaic/LED semiconductor devices (¥ 269B).
Imports In 2021, Japan's Osaka imported ¥ 10.7T, making it the 3rd largest importer out of the 42 importers in Japan. In 2021 top imports of Osaka were Medicaments nes, in dosage (¥ 570B), Telephones for cellular networks or for... (¥ 433B), Natural gas, liquefied (¥ 420B), Petroleum oils, oils from bituminous minerals,... (¥ 410B), and Commodities not specified according to kind (¥ 344B).
Economic Complexity In 2020, the highest complexity exports of Osaka according to the product complexity index (PCI) are Developed Exposed Photographic Material (2.52), Photographic Chemicals (2.16), Electrical Capacitors (1.33), Microscopes (1.25), and Copper Foil (1.2). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
October, 2022
Overview In October 2022 Osaka exported ¥1.19T and imported ¥1.25T, resulting in a negative trade balance of ¥62.8B. Between October 2021 and October 2022 the exports of Osaka have increased by $92.9B (8.47%) from ¥1.1T to ¥1.19T, while imports increased by ¥343B (37.6%) from ¥910B to ¥1.25T.
Trade In October 2022, the top exports of Osaka were Integrated Circuits (Â¥164B), Commodities not elsewhere specified (Â¥115B), Semiconductor Devices (Â¥57B), Video and Card Games (Â¥55.9B), and Electrical Capacitors (Â¥49.7B). In October 2022 the top imports of Osaka were Crude Petroleum (Â¥92.2B), Petroleum Gas (Â¥84.3B), Telephones (Â¥54.9B), Integrated Circuits (Â¥51B), and Commodities not elsewhere specified (Â¥44.5B).
Destinations In October 2022, Osaka exported mostly to China (Â¥307B), United States (Â¥184B), Taiwan (Â¥145B), Hong Kong (Â¥81.8B), and South Korea (Â¥71.6B), and imported mostly from China (Â¥438B), United States (Â¥102B), Taiwan (Â¥84B), South Korea (Â¥66.5B), and Australia (Â¥55.2B).
Growth In October 2022, the increase in Osaka's year-by-year exports was explained primarily by an increase in exports to China (Â¥72.6B or 46.3%), Taiwan (Â¥25.4B or 29.7%), and South Korea (Â¥19.4B or 34.4%), and product exports increase in Commodities not elsewhere specified (Â¥22.3B or 50.3%), Machines and apparatus of a kind... (Â¥10.4B or 38.3%), and Beauty Products (Â¥9.79B or 248%). In October 2022, the increase in Osaka's year-by-year imports was explained primarily by an increase in imports from France (Â¥12.1B or 100%), Germany (Â¥7.08B or 44.4%), and Ireland (Â¥5.92B or 346%), and product imports increase in Telephones (Â¥25.6B or 47.3%), Petroleum Gas (Â¥5.56B or 13.4%), and Video and Card Games (Â¥3.44B or 55.6%).
EXPORT GROWTH (October 2021 - October 2022): ¥92.9B, (8.47%)
IMPORT GROWTH (October 2021 - October 2022): ¥343B, (37.6%)
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 (2021): China, ¥ 3.22T
Top Product (2021): Electronic integrated circuits: memories, ¥ 1.37T
In 2021 the top export destinations of Osaka were China (Â¥ 3.22T), Taiwan (Â¥ 1.55T), United States (Â¥ 1.46T), South Korea (Â¥ 904B), and Hong Kong (Â¥ 899B).
In 2021 the top exports of Osaka were Electronic integrated circuits: memories (Â¥ 1.37T), Commodities not specified according to kind (Â¥ 946B), Electric capacitors, fixed, ceramic, multilayer, (Â¥ 479B), Other games: video game consoles and... (Â¥ 281B), and Photosensitive/photovoltaic/LED semiconductor devices (Â¥ 269B).
Fastest Growing Exports Destination (Oct 2021 - Oct 2022)
Rapidly Declining Export Origins (Oct 2021 - Oct 2022)
Top Origin (2021): China, ¥ 3.96T
Top Import (2021): Medicaments nes, in dosage, ¥ 570B
In 2021 the top import origins of Osaka were China (Â¥ 3.96T), United States (Â¥ 937B), Taiwan (Â¥ 701B), South Korea (Â¥ 547B), and Thailand (Â¥ 386B).
In 2021 the top imports of Osaka were Medicaments nes, in dosage (Â¥ 570B), Telephones for cellular networks or for... (Â¥ 433B), Natural gas, liquefied (Â¥ 420B), Petroleum oils, oils from bituminous minerals,... (Â¥ 410B), and Commodities not specified according to kind (Â¥ 344B).
Economic Complexity (2021): 0.77
Osaka ranks 7th out of the 42 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 Cast or Rolled Glass (0.35), Blank Audio Media (0.35), Photo Lab Equipment (0.35), Metalworking Transfer Machines (0.34), and Artificial Filament Tow (0.33).
The highest complexity exports of Osaka according to the product complexity index (PCI) are Developed Exposed Photographic Material (2.52), Photographic Chemicals (2.16), Electrical Capacitors (1.33), Microscopes (1.25), and Copper Foil (1.2). 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 (30.4), Pearls (25.7), Electrical Parts (22.1), Developed Exposed Photographic Material (17.4), and Video and Card Games (15.2).
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. Bubble size corresponds to exports value by year 2020.
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