Nagasaki

Prefecture in Kyushu Region of Japan

Exports (2019): ¥ 314B, Rnk 17 / 41

Top Destination (2019): ¥ 67.7B, Bahamas

Top Export (2019): ¥ 172B, Tankers

Imports (2019): ¥ 175B, Rnk 26 / 41

Top Origin (2019): ¥ 68.2B, Australia

Top Import (2019): ¥ 102B, Bituminous coal, not agglomerated

Economic Complexity (2019): 0.29, Rnk 26 / 41

Exports: In 2019, Japan's Nagasaki exported ¥ 314B, making it the 17th largest exporter out of the 41 exporters in Japan.

In 2019 the top exports of Nagasaki were Tankers (¥ 172B), Cargo vessels other than tanker or... (¥ 113B), Parts of steam and vapour turbines (¥ 3.7B), Parts of steam or vapour generating... (¥ 3.5B), and Vehicle parts: safety airbags with inflater... (¥ 2.19B).

Imports: In 2019, Japan's Nagasaki imported ¥ 175B, making it the 26th largest importer out of the 41 importers in Japan.

In 2019 top imports of Nagasaki were Bituminous coal, not agglomerated (¥ 102B), Propane, liquefied (¥ 24.1B), Coal except anthracite or bituminous, not... (¥ 12B), Iron or non-alloy steel: (not in... (¥ 7.23B), and Light petroleum distillates nes (¥ 3.94B).

Economic Complexity: In 2019, the highest complexity exports of Nagasaki according to the product complexity index (PCI) are Electric Soldering Equipment (1.65), Forging Machines (1.46), Steam Turbines (1.13), Liquid Fuel Furnaces (1.02), and Iron Pipe Fittings (0.96). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Value
Depth

Top Destination (2019): Bahamas, ¥ 67.7B

Top Product (2019): Tankers, ¥ 172B

In 2019 the top export destinations of Nagasaki were Bahamas (¥ 67.7B), Singapore (¥ 65.6B), Panama (¥ 62.1B), Marshall Islands (¥ 28.9B), and Liberia (¥ 27.4B).

In 2019 the top exports of Nagasaki were Tankers (¥ 172B), Cargo vessels other than tanker or... (¥ 113B), Parts of steam and vapour turbines (¥ 3.7B), Parts of steam or vapour generating... (¥ 3.5B), and Vehicle parts: safety airbags with inflater... (¥ 2.19B).

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): Australia, ¥ 68.2B

Top Import (2019): Bituminous coal, not agglomerated, ¥ 102B

In 2019 the top import origins of Nagasaki were Australia (¥ 68.2B), Indonesia (¥ 26.7B), United States (¥ 24.3B), South Korea (¥ 15.5B), and Canada (¥ 11.6B).

In 2019 the top imports of Nagasaki were Bituminous coal, not agglomerated (¥ 102B), Propane, liquefied (¥ 24.1B), Coal except anthracite or bituminous, not... (¥ 12B), Iron or non-alloy steel: (not in... (¥ 7.23B), and Light petroleum distillates nes (¥ 3.94B).

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 Nagasaki throughout time.

Comparison Map

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Value

The prefectures of Japan with the highest exports in 2019 were Aichi (¥ 16T), Chiba (¥ 11.5T), Osaka (¥ 9.49T), Kanagawa (¥ 8.2T), and Tokyo (¥ 6.17T)

The prefectures of Japan with the highest imports in 2019 were Chiba (¥ 17.1T), Tokyo (¥ 12.7T), Osaka (¥ 10.2T), Kanagawa (¥ 7.28T), and Aichi (¥ 7.22T)

This section shows a prediction for total exports and imports from Nagasaki. 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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Nagasaki ranks 26th out of the 41 prefectures 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. Nagasaki it is in position 26th 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 Nagasaki already has a comparative advantage, are led by Other Sea Vessels (0.028), Other Heating Machinery (0.024), Transmissions (0.024), Iron Springs (0.024), and Electric Furnaces (0.023).

Most Complex Products by PCI

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The highest complexity exports of Nagasaki according to the product complexity index (PCI) are Electric Soldering Equipment (1.65), Forging Machines (1.46), Steam Turbines (1.13), Liquid Fuel Furnaces (1.02), and Iron Pipe Fittings (0.96). 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 Passenger and Cargo Ships (274), Boiler Plants (64.8), Steam Boilers (53.9), Steam Turbines (36.9), and Fishing Ships (24.7).

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