Tokyo | The Observatory of Economic Complexity

Tokyo

Prefecture in Kantō Region of Japan

2023
Economic
Complexity 0.74Rank 7 of 41

Nov 2024
Trade
Exports | Imports ¥ 770B | ¥ 1.49T5 of 41 | 2 of 41

Nov 2024
Country
Destination | Origin United States | China ¥ 174B | ¥ 609B

Image 1

Image by Luca Sartoni
Link: https://flic.kr/p/2c8WzSu

Latest Trends
Historical Data
Economic Complexity

About

Overview This page contains the latest international trade data for Tokyo. In November 2024 Tokyo was the number 6 in total exports and the number 2 in total imports in Japan.

Exports In 2023, Japan's Tokyo exported ¥ 7.84T, making it the 6th largest exporter out of the 41 exporters in Japan. In 2023 the top exports of Tokyo were Commodities not specified according to kind (¥ 1.29T), Parts & Accessories for Printing Machinery... (¥ 324B), Semiconductor Manufacturing Equipment (¥ 288B), Chemical element/compound wafers doped for electronic (¥ 199B), and Industrial Robots (n.e.c. or Included) (¥ 158B).

Imports In 2023, Japan's Tokyo imported ¥ 15.9T, making it the 2nd largest importer out of the 41 importers in Japan. In 2023 top imports of Tokyo were Portable Computers under 10kg with Keyboard... (¥ 480B), Other toys (wheeled, model scale, puzzles) (¥ 241B), Tobacco vapes (¥ 234B), Commodities not specified according to kind (¥ 209B), and Voice & Data Communication Machines (¥ 205B).

Economic Complexity In 2023, the highest complexity exports of Tokyo according to the product complexity index (PCI) are Photographic Chemicals (2.56), Developed Exposed Photographic Material (2.54), Metalworking Transfer Machines (2.07), Machinery Having Individual Functions (1.99), Non-optical Microscopes (1.87), Interchangeable Tool Parts (1.86), Wind Instruments (1.81), Disc Chemicals for Electronics (1.81), Rubberworking Machinery (1.8), and Iron Chains (1.78). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Latest Trends

November, 2024

About

Overview In November 2024 Tokyo exported ¥770B and imported ¥1.49T, resulting in a negative trade balance of ¥716B. Between November 2023 and November 2024 the exports of Tokyo have increased by $105B (15.8%) from ¥664B to ¥770B, while imports increased by ¥92B (6.6%) from ¥1.39T to ¥1.49T.

Trade In November 2024, the top exports of Tokyo were Commodities not elsewhere specified (¥212B), Motor vehicles; parts and accessories (8701... (¥34.6B), Industrial Printers (¥33.8B), Disc Chemicals for Electronics (¥24.4B), and Machines and apparatus of a kind... (¥18.7B). In November 2024 the top imports of Tokyo were Computers (¥72.9B), Telephones (¥48.2B), Trunks and Cases (¥39.3B), Integrated Circuits (¥32.4B), and Other toys (¥26.7B).

Destinations In November 2024, Tokyo exported mostly to United States (¥174B), China (¥135B), United Arab Emirates (¥81.9B), Hong Kong (¥50.2B), and Chinese Taipei (¥47.6B), and imported mostly from China (¥609B), United States (¥125B), Vietnam (¥81.5B), South Korea (¥74.7B), and Thailand (¥61.9B).

Growth In November 2024, the increase in Tokyo's year-by-year exports was explained primarily by an increase in exports to United Arab Emirates (¥26.1B or 46.7%), United States (¥17.3B or 11%), and China (¥12.7B or 10.4%), and product exports increase in Commodities not elsewhere specified (¥54.9B or 34.9%), Machines and apparatus of a kind... (¥10.3B or 122%), and Oscilloscopes (¥6.06B or 105%). In November 2024, the increase in Tokyo's year-by-year imports was explained primarily by an increase in imports from China (¥60.1B or 10.9%), United Kingdom (¥12.3B or 71.9%), and Mexico (¥7.45B or 67.4%), and product imports increase in Computers (¥21.4B or 41.5%), Telephones (¥12.4B or 34.6%), and Vaccines, blood, antisera, toxins and cultures (¥5.76B or 103%).

Latest Data

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

Product

EXPORT GROWTH (November 2023 - November 2024)¥105B(15.8%)

IMPORT GROWTH (November 2023 - November 2024)¥92B(6.6%)

This section shows exports and imports data at subnational level for Tokyo. 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 Tokyo over time.

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Historical Data

Yearly Exports

Color

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

Year

Top Destination (2023)United States¥ 1.94T

Top Product (2023)Commodities not specified according to kind¥ 1.29T

In 2023 the top export destinations of Tokyo were United States (¥ 1.94T), China (¥ 1.5T), Chinese Taipei (¥ 487B), Hong Kong (¥ 444B), and Thailand (¥ 375B).

In 2023 the top exports of Tokyo were Commodities not specified according to kind (¥ 1.29T), Parts & Accessories for Printing Machinery... (¥ 324B), Semiconductor Manufacturing Equipment (¥ 288B), Chemical element/compound wafers doped for electronic (¥ 199B), and Industrial Robots (n.e.c. or Included) (¥ 158B).

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Exports Dynamics

Starting Date

Ending Date

Fastest Growing Exports Destination (Nov 2023 - Nov 2024)

United Arab Emirates ¥ 26.1B (46.7%)

United States ¥ 17.3B (11%)

China ¥ 12.7B (10.4%)

Rapidly Declining Export Origins (Nov 2023 - Nov 2024)

Switzerland ¥ -3.01B (-66.2%)

Netherlands ¥ -2.91B (-17.1%)

Germany ¥ -1.84B (-10.1%)

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Yearly Imports

Color

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

Year

Top Origin (2023)China¥ 6.22T

Top Import (2023)Portable Computers under 10kg with Keyboard...¥ 480B

In 2023 the top import origins of Tokyo were China (¥ 6.22T), United States (¥ 1.66T), Vietnam (¥ 873B), South Korea (¥ 743B), and Thailand (¥ 712B).

In 2023 the top imports of Tokyo were Portable Computers under 10kg with Keyboard... (¥ 480B), Other toys (wheeled, model scale, puzzles) (¥ 241B), Tobacco vapes (¥ 234B), Commodities not specified according to kind (¥ 209B), and Voice & Data Communication Machines (¥ 205B).

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Imports Dynamics

Starting Date

Ending Date

Fastest Growing Import Origins (Nov 2023 - Nov 2024)

China ¥ 60.1B (10.9%)

United Kingdom ¥ 12.3B (71.9%)

Mexico ¥ 7.45B (67.4%)

Rapidly Declining Import Origins (Nov 2023 - Nov 2024)

United States ¥ -8.31B (-6.22%)

Israel ¥ -5.74B (-70.5%)

Germany ¥ -4.98B (-11.6%)

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Economic Complexity

Economic Complexity of Tokyo

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Geomap

Treemap

Economic Complexity (2023)0.74

Tokyo 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.

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Economic Complexity Ranking

Value

Ranking

Value

The economic complexity of a territory can change year to year. Tokyo it is in position 7th considering its ECI in the last year.

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Export Opportunities by Relatedness

The top export opportunities according to the relatedness level, without considering those products were Tokyo already has a comparative advantage, are led by Precious Metal Compounds (0.38), Photo Lab Equipment (0.37), Base Metal Watches (0.36), Epoxides (0.34), and Integrated Circuits (0.34).

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Most Complex Products by PCI

The highest complexity exports of Tokyo according to the product complexity index (PCI) are Photographic Chemicals (2.56), Developed Exposed Photographic Material (2.54), Metalworking Transfer Machines (2.07), Machinery Having Individual Functions (1.99), Non-optical Microscopes (1.87), Interchangeable Tool Parts (1.86), Wind Instruments (1.81), Disc Chemicals for Electronics (1.81), Rubberworking Machinery (1.8), and Iron Chains (1.78). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

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Most Specialized Products by RCA Index

The most specialized products according to the RCA index are led by Disc Chemicals for Electronics (27.68), Oxometallic or Peroxometallic Acid Salts (25.72), Sound Recordings (23.23), Industrial Printers (21.51), and Rubber Textiles (20.95).

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Product Space

RCA Filter

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 Tokyo 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.

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Relatedness Space

This network shows the products most related to the production structure of Tokyo. These are products that tend to be co-exported with the products that Tokyo exports. Higher relatedness values indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

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Diversification Frontier

Depth

Section

HS2

HS4

Filter

All

RCA≤1

RCA>1

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.