Hokkaido

Region in Japan

Exports (2019): ¥ 312B, Rnk 8 / 8

Top Destination (2019): ¥ 65.1B, China

Top Export (2019): ¥ 25.8B, Molluscs; n.e.c. in heading 0307, whether...

Imports (2019): ¥ 1.25T, Rnk 8 / 8

Top Origin (2019): ¥ 145B, China

Top Import (2019): ¥ 364B, Petroleum oils, oils from bituminous minerals,...

Economic Complexity (2019): 0.012, Rnk 8 / 8

Exports: In 2019, Japan's Hokkaido exported ¥ 312B, making it the 8th largest exporter out of the 8 exporters in Japan.

In 2019 the top exports of Hokkaido were Molluscs; n.e.c. in heading 0307, whether... (¥ 25.8B), Transmissions for motor vehicles (¥ 22B), Commodities not specified according to kind (¥ 21.7B), Ferrous waste or scrap, nes (¥ 16.5B), and Cargo vessels other than tanker or... (¥ 15.5B).

Imports: In 2019, Japan's Hokkaido imported ¥ 1.25T, making it the 8th largest importer out of the 8 importers in Japan.

In 2019 top imports of Hokkaido were Petroleum oils, oils from bituminous minerals,... (¥ 364B), Bituminous coal, not agglomerated (¥ 109B), Natural gas, liquefied (¥ 47.1B), Light petroleum distillates nes (¥ 47B), and Maize except seed corn (¥ 44.5B).

Economic Complexity: In 2019, the highest complexity exports of Hokkaido according to the product complexity index (PCI) are Metalworking Transfer Machines (2.43), Disc Chemicals for Electronics (2.25), Metal Finishing Machines (1.67), Vegetable Parchment (1.64), and Transmissions (1.49). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Value
Depth

Top Destination (2019): China, ¥ 65.1B

Top Product (2019): Molluscs; n.e.c. in heading 0307, whether..., ¥ 25.8B

In 2019 the top export destinations of Hokkaido were China (¥ 65.1B), South Korea (¥ 36.3B), United States (¥ 32.7B), Thailand (¥ 29.4B), and Malaysia (¥ 21.7B).

In 2019 the top exports of Hokkaido were Molluscs; n.e.c. in heading 0307, whether... (¥ 25.8B), Transmissions for motor vehicles (¥ 22B), Commodities not specified according to kind (¥ 21.7B), Ferrous waste or scrap, nes (¥ 16.5B), and Cargo vessels other than tanker or... (¥ 15.5B).

Export Dynamics

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Fastest Growing Exports Destination (March 2019 - March 2020)

Rapidly Declining Export Origins (March 2019 - March 2020)

Value
Depth

Top Origin (2019): China, ¥ 145B

Top Import (2019): Petroleum oils, oils from bituminous minerals,..., ¥ 364B

In 2019 the top import origins of Hokkaido were China (¥ 145B), Saudi Arabia (¥ 134B), Australia (¥ 110B), United States (¥ 105B), and United Arab Emirates (¥ 93.6B).

In 2019 the top imports of Hokkaido were Petroleum oils, oils from bituminous minerals,... (¥ 364B), Bituminous coal, not agglomerated (¥ 109B), Natural gas, liquefied (¥ 47.1B), Light petroleum distillates nes (¥ 47B), and Maize except seed corn (¥ 44.5B).

Import Dynamics

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Fastest Growing Import Origins (March 2019 - March 2020)

Rapidly Declining Import Origins (March 2019 - March 2020)

Comparison in Time

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Flow
Value

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

Comparison Map

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Value

The regions of Japan with the highest exports in 2019 were Kantō (¥ 27.3T), Chūbu (¥ 18.7T), Kansai (¥ 17.2T), Kyushu (¥ 6.75T), and Chūgoku (¥ 5.03T)

The regions of Japan with the highest imports in 2019 were Kantō (¥ 38.7T), Kansai (¥ 16.4T), Chūbu (¥ 9.49T), Kyushu (¥ 5.49T), and Chūgoku (¥ 4.13T)

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

Explore Predictions

Economic Complexity

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Economic Complexity of Japan

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Hokkaido ranks 8th out of the 8 regions in Japan according to ECI.

Estimated using exports data.

Economic Complexity Ranking

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Scale

The economic complexity of a territory can change year to year. Hokkaido it is in position 8th considering its ECI in the last year.

Export Opportunities by Relatedness

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The top export opportunities according to the relatedness level, without considering those products were Hokkaido already has a comparative advantage, are led by Crustaceans (0.12), Non-fillet Fresh Fish (0.12), Scrap Lead (0.12), Sawn Wood (0.11), and Processed Fish (0.11).

Most Complex Products by PCI

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The highest complexity exports of Hokkaido according to the product complexity index (PCI) are Metalworking Transfer Machines (2.43), Disc Chemicals for Electronics (2.25), Metal Finishing Machines (1.67), Vegetable Parchment (1.64), and Transmissions (1.49). 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 Molluscs (145), Steel Bars (121), Friction Material (106), Fish Oil (71.4), and Nuclear Reactors (67.1).

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 Hokkaido 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  Hokkaido. These are products that tend to be co-exported with the products that Hokkaido 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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Filter
Depth

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.