Shiga | The Observatory of Economic Complexity

Shiga

Prefecture in Kansai Region of Japan

2023
Economic
Complexity 0.87Rank 3 of 41

Jan 2024
Trade
Exports | Imports ¥ 3.01B | ¥ 1.12B33 of 41 | 41 of 41

Jan 2024
Country
Destination | Origin United States | China ¥ 1.1B | ¥ 294M

Image 1

Image by Manish Prabhune
Link: https://flic.kr/p/dR71DZ

Latest Trends
Historical Data
Economic Complexity

About

Overview This page contains the latest international trade data for Shiga. In January 2024 Shiga was the number 38 in total exports and the number 41 in total imports in Japan.

Exports In 2023, Japan's Shiga exported ¥ 39B, making it the 38th largest exporter out of the 41 exporters in Japan. In 2023 the top exports of Shiga were Constant weight scales, including hopper scales (¥ 7.06B), Packing or wrapping machinery nes (¥ 4.14B), Machinery to fill, close, aerate,etc bottle,... (¥ 3.99B), Weighing machine parts and weights of... (¥ 2.62B), and Non-medical X-ray equipment (¥ 2.33B).

Imports In 2023, Japan's Shiga imported ¥ 10.4B, making it the 41st largest importer out of the 41 importers in Japan. In 2023 top imports of Shiga were Other Motor vehicle parts (¥ 1.37B), Structures and parts of structures, iron... (¥ 1.32B), Vegetable preparations: vegetables and mixtures of... (¥ 1.08B), Non-cellular polyvinyl butyral sheets (¥ 1.03B), and Crustacean preparations: shrimps and prawns, prepared... (¥ 955M).

Economic Complexity In 2023, the highest complexity exports of Shiga according to the product complexity index (PCI) are Metal Pickling Preparations (1.79), Interchangeable Tool Parts (1.76), Polyamides (1.6), Other Measuring Instruments (1.59), Cutting Blades (1.53), X-Ray Equipment (1.5), Metalworking Machine Parts (1.5), Metal Molds (1.45), Felt Machinery (1.42), and Iron Chains (1.42). 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 Shiga exported ¥3.01B and imported ¥1.12B, resulting in a positive trade balance of ¥1.89B. Between January 2023 and January 2024 the exports of Shiga have increased by $928M (44.5%) from ¥2.08B to ¥3.01B, while imports decreased by ¥-63.3M (-5.36%) from ¥1.18B to ¥1.12B.

Trade In January 2024, the top exports of Shiga were Scales (¥843M), Excavation Machinery (¥616M), Washing and Bottling Machines (¥430M), X-Ray Equipment (¥258M), and Raw Plastic Sheeting (¥130M). In January 2024 the top imports of Shiga were Processed Crustaceans (¥221M), Motor vehicles; parts and accessories (8701... (¥198M), Other Processed Vegetables (¥125M), Iron Structures (¥112M), and Copper Bars (¥74.7M).

Destinations In January 2024, Shiga exported mostly to United States (¥1.1B), India (¥404M), United Kingdom (¥294M), Vietnam (¥180M), and China (¥177M), and imported mostly from China (¥294M), India (¥221M), Vietnam (¥146M), South Korea (¥134M), and Taiwan (¥94.8M).

Growth In January 2024, the increase in Shiga's year-by-year exports was explained primarily by an increase in exports to Brazil (¥111M or 263%), Vietnam (¥90.8M or 58.5%), and Mexico (¥57.1M or 101%), and product exports increase in X-Ray Equipment (¥71.4M or 61.4%), Non-woven Textiles (¥64.4M or 82.3%), and Copper Foil (¥64.4M or 91.6%). In January 2024, the decrease in Shiga's year-by-year imports was explained primarily by an decrease in imports from Thailand (¥-10.7M or -35.9%), Germany (¥-4.35M or -46.3%), and United States (¥-2.5M or -30.7%), and product imports decrease in Copper Bars (¥-59.4M or -29.4%), Dried Vegetables (¥-11.6M or -29.3%), and Raw Plastic Sheeting (¥-7.12M or -27.1%).

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)¥928M(44.5%)

IMPORT GROWTH (January 2023 - January 2024)¥-63.3M(-5.36%)

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

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Historical Data

Yearly Exports

Color

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

Year

Top Destination (2023)United States¥ 14B

Top Product (2023)Constant weight scales, including hopper scales¥ 7.06B

In 2023 the top export destinations of Shiga were United States (¥ 14B), Vietnam (¥ 4.12B), China (¥ 2.83B), India (¥ 2.63B), and United Kingdom (¥ 2.46B).

In 2023 the top exports of Shiga were Constant weight scales, including hopper scales (¥ 7.06B), Packing or wrapping machinery nes (¥ 4.14B), Machinery to fill, close, aerate,etc bottle,... (¥ 3.99B), Weighing machine parts and weights of... (¥ 2.62B), and Non-medical X-ray equipment (¥ 2.33B).

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Exports Dynamics

Starting Date

Ending Date

Fastest Growing Exports Destination (Jan 2023 - Jan 2024)

United States ¥ 356M (48.2%)

India ¥ 315M (355%)

United Kingdom ¥ 146M (99.3%)

Rapidly Declining Export Origins (Jan 2023 - Jan 2024)

Brazil ¥ -100M (-65.5%)

Vietnam ¥ -66.3M (-26.9%)

Indonesia ¥ -33.9M (-47.8%)

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Yearly Imports

Color

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

Year

Top Origin (2023)China¥ 3.41B

Top Import (2023)Other Motor vehicle parts¥ 1.37B

In 2023 the top import origins of Shiga were China (¥ 3.41B), Indonesia (¥ 1.55B), Vietnam (¥ 1.42B), Netherlands (¥ 1.22B), and Taiwan (¥ 1B).

In 2023 the top imports of Shiga were Other Motor vehicle parts (¥ 1.37B), Structures and parts of structures, iron... (¥ 1.32B), Vegetable preparations: vegetables and mixtures of... (¥ 1.08B), Non-cellular polyvinyl butyral sheets (¥ 1.03B), and Crustacean preparations: shrimps and prawns, prepared... (¥ 955M).

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Imports Dynamics

Starting Date

Ending Date

Fastest Growing Import Origins (Jan 2023 - Jan 2024)

India ¥ 151M (218%)

Germany ¥ 63M (1.25k%)

United States ¥ 32.6M (579%)

Rapidly Declining Import Origins (Jan 2023 - Jan 2024)

China ¥ -116M (-28.2%)

Vietnam ¥ -21.7M (-13%)

Indonesia ¥ -4.59M (-4.93%)

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Economic Complexity

Economic Complexity of Shiga

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Geomap

Treemap

Economic Complexity (2023)0.87

Shiga ranks 3rd 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. Shiga it is in position 3rd 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 Shiga already has a comparative advantage, are led by Nickel Sheets (0.079), Valves (0.079), Liquid Pumps (0.077), Revolution Counters (0.077), and Rubberworking Machinery (0.077).

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Most Complex Products by PCI

The highest complexity exports of Shiga according to the product complexity index (PCI) are Metal Pickling Preparations (1.79), Interchangeable Tool Parts (1.76), Polyamides (1.6), Other Measuring Instruments (1.59), Cutting Blades (1.53), X-Ray Equipment (1.5), Metalworking Machine Parts (1.5), Metal Molds (1.45), Felt Machinery (1.42), and Iron Chains (1.42). 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 Scales (1237.65), Washing and Bottling Machines (145.38), Copper Foil (137.47), X-Ray Equipment (64.10), and Iron Chains (57.07).

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