2022 Economic Complexity : 0.54, Rank 16 of 41
Mar 2023 Trade Exports | Imports: ¥ 220B | ¥ 174B, 10 of 41 | 12 of 41
Mar 2023 Country Destination | Origin: South Korea | United Arab Emirates , ¥ 64.7B | ¥ 32.6B
Mar 2023 Product Exports | Imports: Machines and apparatus of a kind used solely... | Petroleum oils, oils from bituminous minerals, crude , ¥ 50.8B | ¥ 43.3B
Overview This page contains the latest international trade data for Yamaguchi. In March 2023 Yamaguchi was the number 10 in total exports and the number 12 in total imports in Japan.
Exports In 2022, Japan's Yamaguchi exported ¥ 2.25T, making it the 10th largest exporter out of the 41 exporters in Japan. In 2022 the top exports of Yamaguchi were Medium Sized Cars (¥ 340B), Machines and apparatus of a kind... (¥ 315B), Light petroleum distillates nes (¥ 160B), Spark-ignition chargeable Cars (¥ 87.7B), and Vinyl chloride (chloroethylene) (¥ 86B).
Imports In 2022, Japan's Yamaguchi imported ¥ 2.24T, making it the 12th largest importer out of the 41 importers in Japan. In 2022 top imports of Yamaguchi were Petroleum oils, oils from bituminous minerals,... (¥ 573B), Bituminous coal, not agglomerated (¥ 482B), Petroleum spirit for motor vehicles (¥ 276B), Natural gas, liquefied (¥ 123B), and Coal except anthracite or bituminous, not... (¥ 43.7B).
Economic Complexity In 2022, the highest complexity exports of Yamaguchi according to the product complexity index (PCI) are Non-optical Microscopes (1.92), Hot-Rolled Stainless Steel Bars (1.77), Hydrides and other anions (1.72), Self-Propelled Rail Transport (1.31), Other Nitrogen Compounds (1.08), Other Inorganic Acids Salts (1.07), Phenol Derivatives (0.91), Halogenated Hydrocarbons (0.89), Railway Passenger Cars (0.37), and Copper Plating (0.27). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
March, 2023
Overview In March 2023 Yamaguchi exported ¥220B and imported ¥174B, resulting in a positive trade balance of ¥45.7B. Between March 2022 and March 2023 the exports of Yamaguchi have increased by $35.3B (19.1%) from ¥185B to ¥220B, while imports increased by ¥31.5B (22%) from ¥143B to ¥174B.
Trade In March 2023, the top exports of Yamaguchi were Cars (Â¥57.8B), Machines and apparatus of a kind... (Â¥53.8B), Refined Petroleum (Â¥8.93B), Cyclic Hydrocarbons (Â¥6.53B), and Halogenated Hydrocarbons (Â¥6.03B). In March 2023 the top imports of Yamaguchi were Coal Briquettes (Â¥44.7B), Crude Petroleum (Â¥43.3B), Refined Petroleum (Â¥31.4B), Petroleum Gas (Â¥7.55B), and Motor vehicles; parts and accessories (8701... (Â¥4.15B).
Destinations In March 2023, Yamaguchi exported mostly to South Korea (Â¥64.7B), China (Â¥43B), United States (Â¥22.5B), Taiwan (Â¥9.58B), and Saudi Arabia (Â¥8B), and imported mostly from United Arab Emirates (Â¥32.6B), Australia (Â¥31.9B), China (Â¥17.1B), Saudi Arabia (Â¥16.3B), and Kuwait (Â¥13.4B).
Growth In March 2023, the increase in Yamaguchi's year-by-year exports was explained primarily by an increase in exports to United States (Â¥7.03B or 47%), Australia (Â¥3.14B or 63.5%), and Philippines (Â¥2.89B or 147%), and product exports increase in Refined Petroleum (Â¥9.3B or 1.09k%), Cyclic Hydrocarbons (Â¥2.96B or 67.9%), and Optical Fibers and optical fibre bundles (Â¥2.37B or 84.3%). In March 2023, the increase in Yamaguchi's year-by-year imports was explained primarily by an increase in imports from Russia (Â¥16.3B or 556%), Australia (Â¥15.8B or 131%), and Saudi Arabia (Â¥11.9B or 559%), and product imports increase in Coal Briquettes (Â¥12.4B or 152%), Refined Petroleum (Â¥8.31B or 57.6%), and Petroleum Gas (Â¥7.94B or 54.6%).
EXPORT GROWTH (March 2022 - March 2023): ¥35.3B, (19.1%)
IMPORT GROWTH (March 2022 - March 2023): ¥31.5B, (22%)
This section shows exports and imports data at subnational level for Yamaguchi. 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 Yamaguchi over time.
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Top Destination (2022): South Korea, ¥ 600B
Top Product (2022): Medium Sized Cars, ¥ 340B
In 2022 the top export destinations of Yamaguchi were South Korea (Â¥ 600B), China (Â¥ 442B), United States (Â¥ 184B), Taiwan (Â¥ 137B), and Australia (Â¥ 95.2B).
In 2022 the top exports of Yamaguchi were Medium Sized Cars (Â¥ 340B), Machines and apparatus of a kind... (Â¥ 315B), Light petroleum distillates nes (Â¥ 160B), Spark-ignition chargeable Cars (Â¥ 87.7B), and Vinyl chloride (chloroethylene) (Â¥ 86B).
Fastest Growing Exports Destination (Mar 2022 - Mar 2023)
Top Origin (2022): Australia, ¥ 428B
Top Import (2022): Petroleum oils, oils from bituminous minerals,..., ¥ 573B
In 2022 the top import origins of Yamaguchi were Australia (Â¥ 428B), Saudi Arabia (Â¥ 360B), United Arab Emirates (Â¥ 312B), China (Â¥ 197B), and South Korea (Â¥ 179B).
In 2022 the top imports of Yamaguchi were Petroleum oils, oils from bituminous minerals,... (Â¥ 573B), Bituminous coal, not agglomerated (Â¥ 482B), Petroleum spirit for motor vehicles (Â¥ 276B), Natural gas, liquefied (Â¥ 123B), and Coal except anthracite or bituminous, not... (Â¥ 43.7B).
Fastest Growing Import Origins (Mar 2022 - Mar 2023)
Rapidly Declining Import Origins (Mar 2022 - Mar 2023)
Economic Complexity (2022): 0.54
Yamaguchi ranks 16th 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.
The economic complexity of a territory can change year to year. Yamaguchi it is in position 16th considering its ECI in the last year.
The top export opportunities according to the relatedness level, without considering those products were Yamaguchi already has a comparative advantage, are led by Epoxides (0.17), Silicone (0.17), Disc Chemicals for Electronics (0.17), Other Esters (0.16), and Blank Audio Media (0.16).
The highest complexity exports of Yamaguchi according to the product complexity index (PCI) are Non-optical Microscopes (1.92), Hot-Rolled Stainless Steel Bars (1.77), Hydrides and other anions (1.72), Self-Propelled Rail Transport (1.31), Other Nitrogen Compounds (1.08), Other Inorganic Acids Salts (1.07), Phenol Derivatives (0.91), Halogenated Hydrocarbons (0.89), Railway Passenger Cars (0.37), and Copper Plating (0.27). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
The most specialized products according to the RCA index are led by Hot-Rolled Stainless Steel Bars (150.5), Railway Passenger Cars (139.0), Halogenated Hydrocarbons (61.7), Other Nitrogen Compounds (40.8), and Phenol Derivatives (40.0).
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 Yamaguchi 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.
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.
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