Tottori

Prefecture in Chūgoku Region of Japan

Exports (2019): ¥ 76.7B, Rnk 30/41

Top Destination (2019): ¥ 20.5B, China

Top Export (2019): ¥ 10.6B, Cold rolled alloy-steel, width >600mm, nes

Imports (2019): ¥ 49B, Rnk 36/41

Top Origin (2019): ¥ 12.1B, China

Top Import (2019): ¥ 16.4B, Wood in chips, non-coniferous

Economic Complexity (2019): 0.41, Rnk 23 / 41

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

Exports: In 2019, Japan's Tottori exported ¥ 76.7B, making it the 30th largest exporter out of the 41 exporters in Japan. In 2019 the top exports of Tottori were Cold rolled alloy-steel, width >600mm, nes (¥ 10.6B), Chemical wood pulp, dissolving grades (¥ 8.99B), Stainless steel sheet, w <600mm, cold... (¥ 5.05B), Bar/rod nes, alloy steel nes, nfw... (¥ 4.6B), and Cold rolled alloy-steel nes nfw, <600mm... (¥ 3.66B).

Imports: In 2019, Japan's Tottori imported ¥ 49B, making it the 36th largest importer out of the 41 importers in Japan. In 2019 top imports of Tottori were Wood in chips, non-coniferous (¥ 16.4B), Parts of cranes, work-trucks, shovels, constr... (¥ 3.1B), Commodities not specified according to kind (¥ 2.92B), Massage and psychological aptitude-test apparatus (¥ 2.12B), and Wood; coniferous species n.e.c in headings... (¥ 1.64B).

Economic Complexity: In 2019, the highest complexity exports of Tottori according to the product complexity index (PCI) are Hot-Rolled Stainless Steel Bars (1.78), Metalworking Machines (1.67), Flat-Rolled Stainless Steel (1.61), Flat Flat-Rolled Steel (1.45), and Other Stainless Steel Bars (1.45). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Yearly Exports

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Top Destination (2019): China, ¥ 20.5B

Top Product (2019): Cold rolled alloy-steel, width >600mm, nes, ¥ 10.6B

In 2019 the top export destinations of Tottori were China (¥ 20.5B), South Korea (¥ 14.5B), Thailand (¥ 5.32B), United States (¥ 4.84B), and Singapore (¥ 4.09B).

In 2019 the top exports of Tottori were Cold rolled alloy-steel, width >600mm, nes (¥ 10.6B), Chemical wood pulp, dissolving grades (¥ 8.99B), Stainless steel sheet, w <600mm, cold... (¥ 5.05B), Bar/rod nes, alloy steel nes, nfw... (¥ 4.6B), and Cold rolled alloy-steel nes nfw, <600mm... (¥ 3.66B).

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Export Dynamics

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Fastest Growing Exports Destination (June 2019 - June 2020)

Rapidly Declining Export Origins (June 2019 - June 2020)

Yearly Imports

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Depth

Top Origin (2019): China, ¥ 12.1B

Top Import (2019): Wood in chips, non-coniferous, ¥ 16.4B

In 2019 the top import origins of Tottori were China (¥ 12.1B), Vietnam (¥ 8.28B), Indonesia (¥ 7.29B), South Korea (¥ 4.19B), and Canada (¥ 3.65B).

In 2019 the top imports of Tottori were Wood in chips, non-coniferous (¥ 16.4B), Parts of cranes, work-trucks, shovels, constr... (¥ 3.1B), Commodities not specified according to kind (¥ 2.92B), Massage and psychological aptitude-test apparatus (¥ 2.12B), and Wood; coniferous species n.e.c in headings... (¥ 1.64B).

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Comparison in Time

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This section shows differences between total trade from Tottori throughout time.

This section shows forecasts for total exports and imports from Tottori. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.

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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 Pianos (0.067), Motor-working Tools (0.066), Machinery Having Individual Functions (0.066), Fork-Lifts (0.065), and Wind Instruments (0.065).

Most Complex Products by PCI

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The highest complexity exports of Tottori according to the product complexity index (PCI) are Hot-Rolled Stainless Steel Bars (1.78), Metalworking Machines (1.67), Flat-Rolled Stainless Steel (1.61), Flat Flat-Rolled Steel (1.45), and Other Stainless Steel Bars (1.45). 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 (952), Dissolving Grades Chemical Woodpulp (435), Flat-Rolled Iron (351), Flat-Rolled Stainless Steel (240), and Stainless Steel Wire (196).

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.