Tokyo | The Observatory of Economic Complexity

Tokyo

Prefecture in Kantō Region of Japan

2023
Economic
Complexity 0.7Rank 9 of 41

Aug 2024
Trade
Exports | Imports ¥ 642B | ¥ 1.51T6 of 41 | 2 of 41

Aug 2024
Country
Destination | Origin United States | China ¥ 172B | ¥ 550B

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 August 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), Printing machinery: parts and accessories, n.e.c.... (¥ 324B), Machines and apparatus of a kind... (¥ 288B), Chemical element/compound wafers doped for electronic (¥ 199B), and Industrial Robots and miscellaneous mechanical appliances (¥ 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 Communication apparatus (excluding telephone sets or... (¥ 205B).

Economic Complexity In 2023, the highest complexity exports of Tokyo according to the product complexity index (PCI) are Photographic Chemicals (2.17), Photographic Film (2.06), Metalworking Transfer Machines (2.04), Disc Chemicals for Electronics (2.04), Other Esters (2.03), Non-optical Microscopes (1.97), Machinery Having Individual Functions (1.93), Blank Audio Media (1.91), Non-Mechanical Removal Machinery (1.9), and Oscilloscopes (1.81). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Latest Trends

August, 2024

About

Overview In August 2024 Tokyo exported ¥642B and imported ¥1.51T, resulting in a negative trade balance of ¥866B. Between August 2023 and August 2024 the exports of Tokyo have increased by $46.6B (7.83%) from ¥595B to ¥642B, while imports increased by ¥149B (11%) from ¥1.36T to ¥1.51T.

Trade In August 2024, the top exports of Tokyo were Commodities not elsewhere specified (¥92.9B), Industrial Printers (¥34.2B), Motor vehicles; parts and accessories (8701... (¥32B), Disc Chemicals for Electronics (¥22B), and Vaccines, blood, antisera, toxins and cultures (¥19.8B). In August 2024 the top imports of Tokyo were Computers (¥73.4B), Planes, Helicopters, and/or Spacecraft (¥69.2B), Telephones (¥41B), Trunks and Cases (¥38.1B), and Integrated Circuits (¥31.5B).

Destinations In August 2024, Tokyo exported mostly to United States (¥172B), China (¥116B), Chinese Taipei (¥40.6B), South Korea (¥31.7B), and Hong Kong (¥31.2B), and imported mostly from China (¥550B), United States (¥133B), France (¥106B), Vietnam (¥95.1B), and South Korea (¥69.7B).

Growth In August 2024, the increase in Tokyo's year-by-year exports was explained primarily by an increase in exports to United States (¥27.5B or 19%), Switzerland (¥11.9B or 165%), and Chinese Taipei (¥5.66B or 16.2%), and product exports increase in Vaccines, blood, antisera, toxins and cultures (¥11.4B or 137%), Commodities not elsewhere specified (¥6.98B or 8.12%), and Motor vehicles; parts and accessories (8701... (¥4.99B or 18.5%). In August 2024, the increase in Tokyo's year-by-year imports was explained primarily by an increase in imports from France (¥70.4B or 196%), China (¥29.9B or 5.74%), and United Kingdom (¥20.8B or 101%), and product imports increase in Planes, Helicopters, and/or Spacecraft (¥69.2B or 494k%), Computers (¥22.5B or 44.2%), and Packaged Medicaments (¥17.9B or 149%).

Latest Data

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

Product

EXPORT GROWTH (August 2023 - August 2024)¥46.6B(7.83%)

IMPORT GROWTH (August 2023 - August 2024)¥149B(11%)

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), Printing machinery: parts and accessories, n.e.c.... (¥ 324B), Machines and apparatus of a kind... (¥ 288B), Chemical element/compound wafers doped for electronic (¥ 199B), and Industrial Robots and miscellaneous mechanical appliances (¥ 158B).

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Exports Dynamics

Starting Date

Ending Date

Fastest Growing Exports Destination (Aug 2023 - Aug 2024)

United States ¥ 27.5B (19%)

Switzerland ¥ 11.9B (165%)

Chinese Taipei ¥ 5.66B (16.2%)

Rapidly Declining Export Origins (Aug 2023 - Aug 2024)

United Kingdom ¥ -2.59B (-27.9%)

Netherlands ¥ -1.83B (-9.95%)

United Arab Emirates ¥ -1.62B (-13.3%)

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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 Communication apparatus (excluding telephone sets or... (¥ 205B).

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Imports Dynamics

Starting Date

Ending Date

Fastest Growing Import Origins (Aug 2023 - Aug 2024)

France ¥ 70.4B (196%)

China ¥ 29.9B (5.74%)

United Kingdom ¥ 20.8B (101%)

Rapidly Declining Import Origins (Aug 2023 - Aug 2024)

Austria ¥ -7.74B (-61.6%)

Philippines ¥ -5.6B (-20.7%)

Bangladesh ¥ -4.22B (-51.2%)

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Economic Complexity

Economic Complexity of Tokyo

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Geomap

Treemap

Economic Complexity (2023)0.7

Tokyo ranks 9th 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 9th 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 Developed Exposed Photographic Material (0.39), Photo Lab Equipment (0.36), Precious Metal Compounds (0.35), Nickel Sheets (0.33), and Integrated Circuits (0.33).

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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 (2.17), Photographic Film (2.06), Metalworking Transfer Machines (2.04), Disc Chemicals for Electronics (2.04), Other Esters (2.03), Non-optical Microscopes (1.97), Machinery Having Individual Functions (1.93), Blank Audio Media (1.91), Non-Mechanical Removal Machinery (1.9), and Oscilloscopes (1.81). 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 (29.35), Oxometallic or Peroxometallic Acid Salts (22.99), Industrial Printers (20.51), Rubber Textiles (18.17), and Non-optical Microscopes (15.63).

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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.