2020 Economic Complexity : 0.89, Rank 2 of 41
Oct 2022 Trade Exports | Imports: ¥ 3.82B | ¥ 893M, 35 of 41 | 41 of 41
Oct 2022 Country Destination | Origin: United States | China , ¥ 1.26B | ¥ 341M
Oct 2022 Product Exports | Imports: Constant weight scales, including hopper scales | Structures and parts of structures, iron or steel,..., ¥ 535M | ¥ 153M
Overview This page contains the latest international trade data for Shiga. In October 2022 Shiga was the number 38 in total exports and the number 42 in total imports in Japan.
Exports In 2021, Japan's Shiga exported ¥ 33.9B, making it the 38th largest exporter out of the 42 exporters in Japan. In 2021 the top exports of Shiga were Constant weight scales, including hopper scales (¥ 7.88B), Machinery to fill, close, aerate,etc bottle,... (¥ 3.32B), Packing or wrapping machinery nes (¥ 2.62B), Weighing machine parts and weights of... (¥ 2.07B), and Parts of lifting/handling machinery nes (¥ 1.66B).
Imports In 2021, Japan's Shiga imported ¥ 8.68B, making it the 42nd largest importer out of the 42 importers in Japan. In 2021 top imports of Shiga were Bars, rods & profiles of refined... (¥ 1.88B), Other Motor vehicle parts (¥ 1.07B), Structures and parts of structures, iron... (¥ 880M), Non-cellular polyvinyl butyral sheets (¥ 786M), and Vegetable preparations: vegetables and mixtures of... (¥ 631M).
Economic Complexity In 2020, the highest complexity exports of Shiga according to the product complexity index (PCI) are Cutting Blades (1.49), X-Ray Equipment (1.35), Copper Foil (1.2), Self-adhesive Plastics (1.03), and Washing and Bottling Machines (0.97). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
October, 2022
Overview In October 2022 Shiga exported ¥3.82B and imported ¥893M, resulting in a positive trade balance of ¥2.93B. Between October 2021 and October 2022 the exports of Shiga have increased by $510M (15.4%) from ¥3.31B to ¥3.82B, while imports increased by ¥248M (38.4%) from ¥645M to ¥893M.
Trade In October 2022, the top exports of Shiga were Scales (Â¥850M), Washing and Bottling Machines (Â¥791M), Excavation Machinery (Â¥366M), Copper Foil (Â¥319M), and X-Ray Equipment (Â¥219M). In October 2022 the top imports of Shiga were Other Processed Vegetables (Â¥159M), Iron Structures (Â¥153M), Copper Bars (Â¥116M), Processed Crustaceans (Â¥80.3M), and Yeast (Â¥65.9M).
Destinations In October 2022, Shiga exported mostly to United States (Â¥1.26B), Vietnam (Â¥605M), Thailand (Â¥342M), India (Â¥262M), and China (Â¥235M), and imported mostly from China (Â¥341M), Vietnam (Â¥171M), Taiwan (Â¥153M), India (Â¥80.3M), and Switzerland (Â¥44.2M).
Growth In October 2022, the increase in Shiga's year-by-year exports was explained primarily by an increase in exports to United States (Â¥223M or 34.6%), Vietnam (Â¥93.3M or 80.7%), and Pakistan (Â¥87.2M or 36.7k%), and product exports increase in X-Ray Equipment (Â¥107M or 70%), Copper Foil (Â¥57.1M or 146%), and Raw Plastic Sheeting (Â¥43.1M or 112%). In October 2022, the increase in Shiga's year-by-year imports was explained primarily by an increase in imports from Taiwan (Â¥56.2M or 596%) and China (Â¥49.1M or 24.8%), and product imports increase in Aluminium Foil (Â¥48.4M or 1.58k%), Polyacetals (Â¥33.1M or 644%), and Copper Bars (Â¥32.9M or 70.2%).
EXPORT GROWTH (October 2021 - October 2022): ¥510M, (15.4%)
IMPORT GROWTH (October 2021 - October 2022): ¥248M, (38.4%)
This section shows exports and imports data at subnational level for Shiga. 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 Shiga over time.
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Top Destination (2021): United States, ¥ 12.4B
Top Product (2021): Constant weight scales, including hopper scales, ¥ 7.88B
In 2021 the top export destinations of Shiga were United States (Â¥ 12.4B), Vietnam (Â¥ 3.34B), China (Â¥ 2.77B), India (Â¥ 2.2B), and United Kingdom (Â¥ 2.11B).
In 2021 the top exports of Shiga were Constant weight scales, including hopper scales (Â¥ 7.88B), Machinery to fill, close, aerate,etc bottle,... (Â¥ 3.32B), Packing or wrapping machinery nes (Â¥ 2.62B), Weighing machine parts and weights of... (Â¥ 2.07B), and Parts of lifting/handling machinery nes (Â¥ 1.66B).
Fastest Growing Exports Destination (Oct 2021 - Oct 2022)
Rapidly Declining Export Origins (Oct 2021 - Oct 2022)
Top Origin (2021): China, ¥ 3.64B
Top Import (2021): Bars, rods & profiles of refined..., ¥ 1.88B
In 2021 the top import origins of Shiga were China (Â¥ 3.64B), Indonesia (Â¥ 1.29B), Vietnam (Â¥ 936M), Taiwan (Â¥ 802M), and Thailand (Â¥ 574M).
In 2021 the top imports of Shiga were Bars, rods & profiles of refined... (Â¥ 1.88B), Other Motor vehicle parts (Â¥ 1.07B), Structures and parts of structures, iron... (Â¥ 880M), Non-cellular polyvinyl butyral sheets (Â¥ 786M), and Vegetable preparations: vegetables and mixtures of... (Â¥ 631M).
Fastest Growing Import Origins (Oct 2021 - Oct 2022)
Rapidly Declining Import Origins (Oct 2021 - Oct 2022)
Economic Complexity (2021): 0.89
Shiga ranks 2nd 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. Shiga it is in position 2nd considering its ECI in the last year.
The top export opportunities according to the relatedness level, without considering those products were Shiga already has a comparative advantage, are led by Oscilloscopes (0.079), Blank Audio Media (0.074), Machinery Having Individual Functions (0.073), Revolution Counters (0.072), and Rubberworking Machinery (0.072).
The highest complexity exports of Shiga according to the product complexity index (PCI) are Cutting Blades (1.49), X-Ray Equipment (1.35), Copper Foil (1.2), Self-adhesive Plastics (1.03), and Washing and Bottling Machines (0.97). 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 Scales (1380.2), Copper Foil (120.4), Washing and Bottling Machines (107.3), X-Ray Equipment (51.9), and Non-woven Textiles (41.3).
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 Shiga 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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