Kagawa | The Observatory of Economic Complexity

Kagawa

Prefecture in Shikoku Region of Japan

2023
Economic
Complexity -0.00027Rank 32 of 41

Jan 2024
Trade
Exports | Imports ¥ 13B | ¥ 43.4B22 of 41 | 21 of 41

Jan 2024
Country
Destination | Origin Marshall Islands | Australia ¥ 5.42B | ¥ 19.6B

Image 1

Image by Dan Crowther
Link: https://flic.kr/p/4LeKhN

Latest Trends
Historical Data
Economic Complexity

About

Overview This page contains the latest international trade data for Kagawa. In January 2024 Kagawa was the number 19 in total exports and the number 26 in total imports in Japan.

Exports In 2023, Japan's Kagawa exported ¥ 313B, making it the 19th largest exporter out of the 41 exporters in Japan. In 2023 the top exports of Kagawa were Cargo vessels other than tanker or... (¥ 127B), Bituminous mix, mastic from asphalt, bitumen/tar/pitc (¥ 76.8B), Tankers (¥ 46B), Commodities not specified according to kind (¥ 12.5B), and Ferrous waste or scrap, nes (¥ 5.6B).

Imports In 2023, Japan's Kagawa imported ¥ 348B, making it the 26th largest importer out of the 41 importers in Japan. In 2023 top imports of Kagawa were Bituminous coal, not agglomerated (¥ 114B), Natural gas, liquefied (¥ 34.4B), Structures and parts of structures, iron... (¥ 21.3B), Propane, liquefied (¥ 18.2B), and Wood; not of bamboo, articles n.e.c.... (¥ 5.3B).

Economic Complexity In 2023, the highest complexity exports of Kagawa according to the product complexity index (PCI) are Metal Pickling Preparations (1.79), Other Inorganic Acids Salts (1.29), Steel Wire (1.07), Electrical Resistors (1.06), Electrical Capacitors (1.02), Pitch Coke (0.96), Quaternary Ammonium Salts and Hydroxides (0.65), Coated Metal Soldering Products (0.56), Cement Articles (0.42), and Used Rubber Tires (0.39). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Latest Trends

January, 2024

About

Overview In January 2024 Kagawa exported ¥13B and imported ¥43.4B, resulting in a negative trade balance of ¥30.4B. Between January 2023 and January 2024 the exports of Kagawa have decreased by $-11.8B (-47.6%) from ¥24.8B to ¥13B, while imports increased by ¥18.6B (74.9%) from ¥24.8B to ¥43.4B.

Trade In January 2024, the top exports of Kagawa were Passenger and Cargo Ships (¥5.42B), Coke (¥4.4B), Commodities not elsewhere specified (¥515M), Other Inorganic Acids Salts (¥371M), and Machinery parts, not containing electrical connectors,... (¥335M). In January 2024 the top imports of Kagawa were Coal Briquettes (¥24.6B), Petroleum Gas (¥8.01B), Iron Structures (¥1.15B), Rice (¥1.01B), and Petroleum Coke (¥1.01B).

Destinations In January 2024, Kagawa exported mostly to Marshall Islands (¥5.42B), India (¥2.44B), United Kingdom (¥2.18B), China (¥1.66B), and Thailand (¥306M), and imported mostly from Australia (¥19.6B), United States (¥6.97B), Malaysia (¥5.88B), China (¥4.05B), and Canada (¥2.35B).

Growth In January 2024, the decrease in Kagawa's year-by-year exports was explained primarily by an decrease in exports to Singapore (¥-11.8B or -99.7%), Brazil (¥-2.67B or -99.7%), and United Kingdom (¥-522M or -18.6%), and product exports decrease in Asphalt Mixtures (¥-4.31B or -39.9%), Iron Blocks (¥-87.6M or -68.1%), and Quaternary Ammonium Salts and Hydroxides (¥-54.9M or -39.1%). In January 2024, the increase in Kagawa's year-by-year imports was explained primarily by an increase in imports from Malaysia (¥5.66B or 2.28k%), Canada (¥2.46B or 8.22k%), and China (¥731M or 15%), and product imports increase in Petroleum Gas (¥5.39B or 428%), Iron Structures (¥1.17B or 98.4%), and Other Wood Articles (¥165M or 54.7%).

Latest Data

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

Product

EXPORT GROWTH (January 2023 - January 2024)¥-11.8B(-47.6%)

IMPORT GROWTH (January 2023 - January 2024)¥18.6B(74.9%)

This section shows exports and imports data at subnational level for Kagawa. 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 Kagawa over time.

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Historical Data

Yearly Exports

Color

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

Year

Top Destination (2023)Panama¥ 101B

Top Product (2023)Cargo vessels other than tanker or...¥ 127B

In 2023 the top export destinations of Kagawa were Panama (¥ 101B), Liberia (¥ 72B), United Kingdom (¥ 33.2B), China (¥ 26.8B), and India (¥ 18B).

In 2023 the top exports of Kagawa were Cargo vessels other than tanker or... (¥ 127B), Bituminous mix, mastic from asphalt, bitumen/tar/pitc (¥ 76.8B), Tankers (¥ 46B), Commodities not specified according to kind (¥ 12.5B), and Ferrous waste or scrap, nes (¥ 5.6B).

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Exports Dynamics

Starting Date

Ending Date

Fastest Growing Exports Destination (Jan 2023 - Jan 2024)

Malaysia ¥ 84.6M (200%)

Taiwan ¥ 42.5M (260%)

Philippines ¥ 13.2M (61.8%)

Rapidly Declining Export Origins (Jan 2023 - Jan 2024)

India ¥ -2.13B (-46.5%)

China ¥ -414M (-20%)

South Korea ¥ -238M (-54.6%)

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Yearly Imports

Color

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

Year

Top Origin (2023)Australia¥ 89.5B

Top Import (2023)Bituminous coal, not agglomerated¥ 114B

In 2023 the top import origins of Kagawa were Australia (¥ 89.5B), China (¥ 55.3B), Malaysia (¥ 39.2B), Canada (¥ 33.6B), and United States (¥ 15.2B).

In 2023 the top imports of Kagawa were Bituminous coal, not agglomerated (¥ 114B), Natural gas, liquefied (¥ 34.4B), Structures and parts of structures, iron... (¥ 21.3B), Propane, liquefied (¥ 18.2B), and Wood; not of bamboo, articles n.e.c.... (¥ 5.3B).

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Imports Dynamics

Starting Date

Ending Date

Fastest Growing Import Origins (Jan 2023 - Jan 2024)

Australia ¥ 14.3B (269%)

United States ¥ 5.61B (410%)

Indonesia ¥ 42.1M (6.19%)

Rapidly Declining Import Origins (Jan 2023 - Jan 2024)

China ¥ -1.53B (-27.4%)

Thailand ¥ -315M (-53.8%)

Canada ¥ -140M (-5.63%)

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Economic Complexity

Economic Complexity of Kagawa

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Geomap

Treemap

Economic Complexity (2023)-0.00027

Kagawa ranks 32nd 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.

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Economic Complexity Ranking

Value

Ranking

Value

The economic complexity of a territory can change year to year. Kagawa it is in position 32nd considering its ECI in the last year.

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Export Opportunities by Relatedness

The top export opportunities according to the relatedness level, without considering those products were Kagawa already has a comparative advantage, are led by Plastic Building Materials (0.035), Petroleum Coke (0.034), Raw Iron Bars (0.034), Other Plastic Sheetings (0.033), and Raw Plastic Sheeting (0.033).

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Most Complex Products by PCI

The highest complexity exports of Kagawa according to the product complexity index (PCI) are Metal Pickling Preparations (1.79), Other Inorganic Acids Salts (1.29), Steel Wire (1.07), Electrical Resistors (1.06), Electrical Capacitors (1.02), Pitch Coke (0.96), Quaternary Ammonium Salts and Hydroxides (0.65), Coated Metal Soldering Products (0.56), Cement Articles (0.42), and Used Rubber Tires (0.39). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

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Most Specialized Products by RCA Index

The most specialized products according to the RCA index are led by Asphalt Mixtures (2070.17), Passenger and Cargo Ships (163.91), Other Inorganic Acids Salts (146.67), Magnesium Carbonate (33.91), and Quaternary Ammonium Salts and Hydroxides (22.42).

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Product Space

RCA Filter

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 Kagawa 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.

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Relatedness Space

This network shows the products most related to the production structure of Kagawa. These are products that tend to be co-exported with the products that Kagawa exports. Higher relatedness values indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

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Diversification Frontier

Depth

Section

HS2

HS4

Filter

All

RCA≤1

RCA>1

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.