Tottori

Prefecture in Chūgoku Region of Japan

2019
Economic
Complexity
: 0.42, Rank 23 of 41

Feb 2021
Trade
Exports | Imports
: ¥ 6.3B | ¥ 3.53B, 29 of 41 | 35 of 41

Feb 2021
Country
Destination | Origin
: China | China , ¥ 2.02B  | ¥ 1.32B

Feb 2021
Product
Exports | Imports
: Flat Flat-Rolled Steel | Fuel Wood , ¥ 952M  | ¥ 775M

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

Exports: In 2020, Japan's Tottori exported ¥ 62.9B, making it the 33rd largest exporter out of the 41 exporters in Japan. In 2020 the top exports of Tottori were Cold rolled alloy-steel, width >600mm, nes (¥ 11.4B), Chemical wood pulp, dissolving grades (¥ 6.07B), Stainless steel sheet, w <600mm, cold... (¥ 4.52B), Cold rolled alloy-steel nes nfw, <600mm... (¥ 3.88B), and Bar/rod nes, alloy steel nes, nfw... (¥ 3.06B).

Imports: In 2020, Japan's Tottori imported ¥ 39.2B, making it the 36th largest importer out of the 41 importers in Japan. In 2020 top imports of Tottori were Wood in chips, non-coniferous (¥ 10.9B), Parts of cranes, work-trucks, shovels, constr... (¥ 2.1B), Structures and parts of structures, iron... (¥ 1.69B), Commodities not specified according to kind (¥ 1.45B), and Electric generating sets: (excluding those with... (¥ 1.22B).

Economic Complexity: In 2019, the highest complexity exports of Tottori according to the product complexity index (PCI) are Metalworking Machines (1.82), Hot-Rolled Stainless Steel Bars (1.8), Flat Flat-Rolled Steel (1.47), Flat-Rolled Stainless Steel (1.41), and Liquid Pumps (1.39). 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 Tottori'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, ¥ 18.4B

Top Product (2020): Cold rolled alloy-steel, width >600mm, nes, ¥ 11.4B

In 2020 the top export destinations of Tottori were China (¥ 18.4B), South Korea (¥ 12.1B), United States (¥ 3.91B), Singapore (¥ 3.67B), and Taiwan (¥ 3.28B).

In 2020 the top exports of Tottori were Cold rolled alloy-steel, width >600mm, nes (¥ 11.4B), Chemical wood pulp, dissolving grades (¥ 6.07B), Stainless steel sheet, w <600mm, cold... (¥ 4.52B), Cold rolled alloy-steel nes nfw, <600mm... (¥ 3.88B), and Bar/rod nes, alloy steel nes, nfw... (¥ 3.06B).

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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): China, ¥ 12B

Top Import (2020): Wood in chips, non-coniferous, ¥ 10.9B

In 2020 the top import origins of Tottori were China (¥ 12B), Indonesia (¥ 7.21B), South Korea (¥ 3.73B), Vietnam (¥ 3.31B), and Malaysia (¥ 2.51B).

In 2020 the top imports of Tottori were Wood in chips, non-coniferous (¥ 10.9B), Parts of cranes, work-trucks, shovels, constr... (¥ 2.1B), Structures and parts of structures, iron... (¥ 1.69B), Commodities not specified according to kind (¥ 1.45B), and Electric generating sets: (excluding those with... (¥ 1.22B).

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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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Tottori ranks 23rd out of the 41 prefectures 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. Tottori it is in position 23rd 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 Tottori already has a comparative advantage, are led by Wind Instruments (0.067), Machinery Having Individual Functions (0.067), Electric Soldering Equipment (0.065), Iron Fasteners (0.065), and Metal Finishing Machines (0.064).

Most Complex Products by PCI

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The highest complexity exports of Tottori according to the product complexity index (PCI) are Metalworking Machines (1.82), Hot-Rolled Stainless Steel Bars (1.8), Flat Flat-Rolled Steel (1.47), Flat-Rolled Stainless Steel (1.41), and Liquid Pumps (1.39). 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 Molybdenum (923), Dissolving Grades Chemical Woodpulp (466), Flat-Rolled Iron (360), Flat-Rolled Stainless Steel (242), and Stainless Steel Wire (199).

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