Toyama

Prefecture in Chūbu Region of Japan

2019
Economic
Complexity
: 0.52, Rank 19 of 41

Feb 2021
Trade
Exports | Imports
: ¥ 13.2B | ¥ 15.2B, 19 of 41 | 23 of 41

Feb 2021
Country
Destination | Origin
: China | Malaysia , ¥ 3.5B  | ¥ 2.69B

Feb 2021
Product
Exports | Imports
: Cars | Raw Aluminium , ¥ 1.94B  | ¥ 3.23B

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

Exports: In 2020, Japan's Toyama exported ¥ 151B, making it the 23rd largest exporter out of the 41 exporters in Japan. In 2020 the top exports of Toyama were Electronic integrated circuits: n.e.c. in heading... (¥ 11.3B), Parts of slide fasteners (¥ 10.1B), Medium Sized Cars (¥ 7.61B), Vehicles; with both spark-ignition internal combustion... (¥ 7.2B), and Commodities not specified according to kind (¥ 5.88B).

Imports: In 2020, Japan's Toyama imported ¥ 157B, making it the 24th largest importer out of the 41 importers in Japan. In 2020 top imports of Toyama were Aluminium unwrought, not alloyed (¥ 22.7B), Commodities not specified according to kind (¥ 19.9B), Bituminous coal, not agglomerated (¥ 8.51B), Copper/copper alloy waste or scrap (¥ 6.86B), and Aluminium unwrought, alloyed (¥ 6.06B).

Economic Complexity: In 2019, the highest complexity exports of Toyama according to the product complexity index (PCI) are Metalworking Transfer Machines (2.32), Machinery Having Individual Functions (1.93), Metalworking Machines (1.82), Hot-Rolled Stainless Steel Bars (1.8), and Non-Mechanical Removal Machinery (1.78). 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 Toyama'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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Value
Depth

Top Destination (2020): China, ¥ 40.2B

Top Product (2020): Electronic integrated circuits: n.e.c. in heading..., ¥ 11.3B

In 2020 the top export destinations of Toyama were China (¥ 40.2B), Russia (¥ 35.8B), South Korea (¥ 24.5B), Taiwan (¥ 7.39B), and United States (¥ 6.72B).

In 2020 the top exports of Toyama were Electronic integrated circuits: n.e.c. in heading... (¥ 11.3B), Parts of slide fasteners (¥ 10.1B), Medium Sized Cars (¥ 7.61B), Vehicles; with both spark-ignition internal combustion... (¥ 7.2B), and Commodities not specified according to kind (¥ 5.88B).

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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, ¥ 35.8B

Top Import (2020): Aluminium unwrought, not alloyed, ¥ 22.7B

In 2020 the top import origins of Toyama were China (¥ 35.8B), Malaysia (¥ 24.7B), Russia (¥ 10.4B), Indonesia (¥ 10.3B), and United States (¥ 9.1B).

In 2020 the top imports of Toyama were Aluminium unwrought, not alloyed (¥ 22.7B), Commodities not specified according to kind (¥ 19.9B), Bituminous coal, not agglomerated (¥ 8.51B), Copper/copper alloy waste or scrap (¥ 6.86B), and Aluminium unwrought, alloyed (¥ 6.06B).

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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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Toyama ranks 19th 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 19th 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 Rolling Machines (0.18), Metal Lathes (0.17), Other Measuring Instruments (0.17), Tool Plates (0.17), and Tensile Testing Machines (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 (2.32), Machinery Having Individual Functions (1.93), Metalworking Machines (1.82), Hot-Rolled Stainless Steel Bars (1.8), and Non-Mechanical Removal Machinery (1.78). 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 (447), Copper Bars (108), Carbon-based Electronics (92), Hypochlorites (88), and Metalworking Machines (45.5).

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.