2020 Economic Complexity : 0.88, Rank 3 of 41
Dec 2022 Trade Exports | Imports: ¥ 3.69B | ¥ 1.04B, 34 of 41 | 41 of 41
Dec 2022 Country Destination | Origin: United States | China , ¥ 1.31B | ¥ 370M
Dec 2022 Product Exports | Imports: Constant weight scales, including hopper scales | Structures and parts of structures, iron or steel,..., ¥ 1.07B | ¥ 158M
Overview This page contains the latest international trade data for Shiga. In December 2022 Shiga was the number 37 in total exports and the number 41 in total imports in Japan.
Exports In 2022, Japan's Shiga exported ¥ 39B, making it the 37th largest exporter out of the 41 exporters in Japan. In 2022 the top exports of Shiga were Constant weight scales, including hopper scales (¥ 9.68B), Machinery to fill, close, aerate,etc bottle,... (¥ 3.98B), Packing or wrapping machinery nes (¥ 3.07B), Foil of refined copper, backed, t... (¥ 2.31B), and Weighing machine parts and weights of... (¥ 2.19B).
Imports In 2022, Japan's Shiga imported ¥ 10.4B, making it the 41st largest importer out of the 41 importers in Japan. In 2022 top imports of Shiga were Bars, rods & profiles of refined... (¥ 1.72B), Structures and parts of structures, iron... (¥ 1.44B), Vegetable preparations: vegetables and mixtures of... (¥ 1.05B), Non-cellular polyvinyl butyral sheets (¥ 733M), and Crustacean preparations: shrimps and prawns, prepared... (¥ 654M).
Economic Complexity In 2020, the highest complexity exports of Shiga according to the product complexity index (PCI) are Iron Chains (1.48), 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.
December, 2022
Overview In December 2022 Shiga exported ¥3.69B and imported ¥1.04B, resulting in a positive trade balance of ¥2.65B. Between December 2021 and December 2022 the exports of Shiga have increased by $652M (21.4%) from ¥3.04B to ¥3.69B, while imports increased by ¥425M (69%) from ¥615M to ¥1.04B.
Trade In December 2022, the top exports of Shiga were Scales (Â¥1.46B), Washing and Bottling Machines (Â¥745M), X-Ray Equipment (Â¥215M), Copper Foil (Â¥186M), and Non-woven Textiles (Â¥161M). In December 2022 the top imports of Shiga were Iron Structures (Â¥158M), Motor vehicles; parts and accessories (8701... (Â¥126M), Other Processed Vegetables (Â¥123M), Copper Bars (Â¥107M), and Polyacetals (Â¥86.5M).
Destinations In December 2022, Shiga exported mostly to United States (Â¥1.31B), Vietnam (Â¥370M), Thailand (Â¥324M), India (Â¥260M), and United Kingdom (Â¥210M), and imported mostly from China (Â¥370M), Vietnam (Â¥160M), Indonesia (Â¥153M), Switzerland (Â¥118M), and Taiwan (Â¥80.2M).
Growth In December 2022, the increase in Shiga's year-by-year exports was explained primarily by an increase in exports to Netherlands (Â¥121M or 175%), Philippines (Â¥48.3M or 187%), and United States (Â¥47.7M or 5.49%), and product exports increase in Excavation Machinery (Â¥51.8M or 82.3%), Scales (Â¥28.8M or 4.32%), and Interchangeable Tool Parts (Â¥16.8M or 197%). In December 2022, the increase in Shiga's year-by-year imports was explained primarily by an increase in imports from China (Â¥166M or 67%), Switzerland (Â¥37.6M or 506%), and Vietnam (Â¥26M or 31.9%), and product imports increase in Copper Bars (Â¥122M or 153%), Other Processed Vegetables (Â¥44M or 55%), and Dried Vegetables (Â¥26.5M or 202%).
EXPORT GROWTH (December 2021 - December 2022): ¥652M, (21.4%)
IMPORT GROWTH (December 2021 - December 2022): ¥425M, (69%)
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 (2022): United States, ¥ 14.2B
Top Product (2022): Constant weight scales, including hopper scales, ¥ 9.68B
In 2022 the top export destinations of Shiga were United States (Â¥ 14.2B), Vietnam (Â¥ 4.45B), China (Â¥ 2.57B), Netherlands (Â¥ 2.37B), and India (Â¥ 1.83B).
In 2022 the top exports of Shiga were Constant weight scales, including hopper scales (Â¥ 9.68B), Machinery to fill, close, aerate,etc bottle,... (Â¥ 3.98B), Packing or wrapping machinery nes (Â¥ 3.07B), Foil of refined copper, backed, t... (Â¥ 2.31B), and Weighing machine parts and weights of... (Â¥ 2.19B).
Fastest Growing Exports Destination (Dec 2021 - Dec 2022)
Rapidly Declining Export Origins (Dec 2021 - Dec 2022)
Top Origin (2022): China, ¥ 4.18B
Top Import (2022): Bars, rods & profiles of refined..., ¥ 1.72B
In 2022 the top import origins of Shiga were China (Â¥ 4.18B), Vietnam (Â¥ 1.49B), Taiwan (Â¥ 1.2B), Switzerland (Â¥ 752M), and India (Â¥ 654M).
In 2022 the top imports of Shiga were Bars, rods & profiles of refined... (Â¥ 1.72B), Structures and parts of structures, iron... (Â¥ 1.44B), Vegetable preparations: vegetables and mixtures of... (Â¥ 1.05B), Non-cellular polyvinyl butyral sheets (Â¥ 733M), and Crustacean preparations: shrimps and prawns, prepared... (Â¥ 654M).
Economic Complexity (2022): 0.88
Shiga ranks 3rd 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. Shiga it is in position 3rd 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 Blank Audio Media (0.078), Machinery Having Individual Functions (0.072), Machinery Having Individual Functions (0.072), Revolution Counters (0.072), and Thermostats (0.071).
The highest complexity exports of Shiga according to the product complexity index (PCI) are Iron Chains (1.48), 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 (1421.5), Copper Foil (159.2), Washing and Bottling Machines (112.3), X-Ray Equipment (48.6), and Non-woven Textiles (44.9).
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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