Shikoku

Region in Japan

2019
Economic
Complexity
: 0.29, Rank 7 of 8

Feb 2021
Trade
Exports | Imports
: ¥ 62.3B | ¥ 95.1B, 6 of 8 | 7 of 8

Feb 2021
Country
Destination | Origin
: Liberia | Australia , ¥ 11.7B  | ¥ 14.5B

Feb 2021
Product
Exports | Imports
: Passenger and Cargo Ships | Copper Ore , ¥ 21.6B  | ¥ 28.5B

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

Exports: In 2020, Japan's Shikoku exported ¥ 848B, making it the 6th largest exporter out of the 8 exporters in Japan. In 2020 the top exports of Shikoku were Cargo vessels other than tanker or... (¥ 225B), Tankers (¥ 91.1B), Copper cathodes and sections of cathodes... (¥ 44.9B), Organo-sulphur compounds, nes (¥ 36.4B), and Waste and scrap of precious metals:... (¥ 35.7B).

Imports: In 2020, Japan's Shikoku imported ¥ 1.1T, making it the 7th largest importer out of the 8 importers in Japan. In 2020 top imports of Shikoku were Copper ores and concentrates (¥ 229B), Petroleum oils, oils from bituminous minerals,... (¥ 204B), Bituminous coal, not agglomerated (¥ 132B), Nickel oxide sinters, intermediate nickel products... (¥ 61.1B), and Structures and parts of structures, iron... (¥ 36.7B).

Economic Complexity: In 2019, the highest complexity exports of Shikoku according to the product complexity index (PCI) are Metal Pickling Preparations (1.71), Chemical Analysis Instruments (1.7), Forging Machines (1.7), Epoxides (1.47), and Knitting Machine Accessories (1.44). 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 Shikoku'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, ¥ 158B

Top Product (2020): Cargo vessels other than tanker or..., ¥ 225B

In 2020 the top export destinations of Shikoku were China (¥ 158B), Panama (¥ 137B), United States (¥ 81B), Taiwan (¥ 70.6B), and South Korea (¥ 69.8B).

In 2020 the top exports of Shikoku were Cargo vessels other than tanker or... (¥ 225B), Tankers (¥ 91.1B), Copper cathodes and sections of cathodes... (¥ 44.9B), Organo-sulphur compounds, nes (¥ 36.4B), and Waste and scrap of precious metals:... (¥ 35.7B).

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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): Australia, ¥ 160B

Top Import (2020): Copper ores and concentrates, ¥ 229B

In 2020 the top import origins of Shikoku were Australia (¥ 160B), China (¥ 119B), Chile (¥ 100B), Saudi Arabia (¥ 86.3B), and Indonesia (¥ 79.1B).

In 2020 the top imports of Shikoku were Copper ores and concentrates (¥ 229B), Petroleum oils, oils from bituminous minerals,... (¥ 204B), Bituminous coal, not agglomerated (¥ 132B), Nickel oxide sinters, intermediate nickel products... (¥ 61.1B), and Structures and parts of structures, iron... (¥ 36.7B).

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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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Shikoku ranks 7th out of the 8 regions 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. Shikoku 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 Shikoku already has a comparative advantage, are led by Cyclic Hydrocarbons (0.11), Phenols (0.11), Disc Chemicals for Electronics (0.11), Glass Working Machines (0.11), and Propylene Polymers (0.11).

Most Complex Products by PCI

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The highest complexity exports of Shikoku according to the product complexity index (PCI) are Metal Pickling Preparations (1.71), Chemical Analysis Instruments (1.7), Forging Machines (1.7), Epoxides (1.47), and Knitting Machine Accessories (1.44). 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 Asphalt Mixtures (254), Passenger and Cargo Ships (108), Organo-Sulfur Compounds (96.5), Textile Fiber Machinery (64.8), and Limestone (60.9).

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