Toyama

Prefecture in Chūbu Region of Japan

Exports (2019): ¥ 178B, Rnk 22/41

Top Destination (2019): ¥ 39.8B, China

Top Export (2019): ¥ 12.8B, Parts of slide fasteners

Imports (2019): ¥ 199B, Rnk 24/41

Top Origin (2019): ¥ 42.8B, China

Top Import (2019): ¥ 31.1B, Commodities not specified according to kind

Economic Complexity (2019): 0.55, Rnk 16 / 41

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

Exports: In 2019, Japan's Toyama exported ¥ 178B, making it the 22nd largest exporter out of the 41 exporters in Japan. In 2019 the top exports of Toyama were Parts of slide fasteners (¥ 12.8B), Vehicles; with both spark-ignition internal combustion... (¥ 9.28B), Medium Sized Cars (¥ 7.99B), Carbon and graphite furnace electrodes (¥ 7.77B), and Small Sized Cars (¥ 5.92B).

Imports: In 2019, Japan's Toyama imported ¥ 199B, making it the 24th largest importer out of the 41 importers in Japan. In 2019 top imports of Toyama were Commodities not specified according to kind (¥ 31.1B), Aluminium unwrought, not alloyed (¥ 29.1B), Bituminous coal, not agglomerated (¥ 10.2B), Copper/copper alloy waste or scrap (¥ 8.24B), and Wood in chips, non-coniferous (¥ 7.99B).

Economic Complexity: In 2019, the highest complexity exports of Toyama according to the product complexity index (PCI) are Metalworking Transfer Machines (2.43), Machinery Having Individual Functions (2.02), Hot-Rolled Stainless Steel Bars (1.78), Metal Pickling Preparations (1.71), and Metalworking Machines (1.67). 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, ¥ 39.8B

Top Product (2019): Parts of slide fasteners, ¥ 12.8B

In 2019 the top export destinations of Toyama were China (¥ 39.8B), Russia (¥ 38.9B), South Korea (¥ 30.7B), Vietnam (¥ 9.61B), and United States (¥ 9.41B).

In 2019 the top exports of Toyama were Parts of slide fasteners (¥ 12.8B), Vehicles; with both spark-ignition internal combustion... (¥ 9.28B), Medium Sized Cars (¥ 7.99B), Carbon and graphite furnace electrodes (¥ 7.77B), and Small Sized Cars (¥ 5.92B).

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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, ¥ 42.8B

Top Import (2019): Commodities not specified according to kind, ¥ 31.1B

In 2019 the top import origins of Toyama were China (¥ 42.8B), Malaysia (¥ 35.4B), South Korea (¥ 13.1B), Indonesia (¥ 12.3B), and United States (¥ 11.9B).

In 2019 the top imports of Toyama were Commodities not specified according to kind (¥ 31.1B), Aluminium unwrought, not alloyed (¥ 29.1B), Bituminous coal, not agglomerated (¥ 10.2B), Copper/copper alloy waste or scrap (¥ 8.24B), and Wood in chips, non-coniferous (¥ 7.99B).

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Import Dynamics

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Fastest Growing Import Origins (June 2019 - June 2020)

Rapidly Declining Import Origins (June 2019 - June 2020)

Comparison in Time

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

This section shows forecasts for total exports and imports from Toyama. 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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Toyama ranks 16th 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. Toyama it is in position 16th 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 Toyama already has a comparative advantage, are led by Non-Mechanical Removal Machinery (0.18), Rolling Machines (0.18), Tensile Testing Machines (0.17), Other Non-Metal Removal Machinery (0.17), and Metal Lathes (0.17).

Most Complex Products by PCI

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The highest complexity exports of Toyama according to the product complexity index (PCI) are Metalworking Transfer Machines (2.43), Machinery Having Individual Functions (2.02), Hot-Rolled Stainless Steel Bars (1.78), Metal Pickling Preparations (1.71), and Metalworking Machines (1.67). 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 Zippers (450), Carbon-based Electronics (110), Copper Bars (106), Hypochlorites (86.8), and Metalworking Machines (45.6).

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