Tokushima | The Observatory of Economic Complexity

Tokushima

Prefecture in Shikoku Region of Japan

2023
Economic
Complexity 0.14Rank 30 of 41

Jan 2024
Trade
Exports | Imports ¥ 1.39B | ¥ 25.1B39 of 41 | 24 of 41

Jan 2024
Country
Destination | Origin United States | Australia ¥ 889M | ¥ 9.45B

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 Tokushima. In January 2024 Tokushima was the number 40 in total exports and the number 29 in total imports in Japan.

Exports In 2023, Japan's Tokushima exported ¥ 19.1B, making it the 40th largest exporter out of the 41 exporters in Japan. In 2023 the top exports of Tokushima were Heterocyclic compds with an unfused triazine... (¥ 6.55B), Commodities not specified according to kind (¥ 1.88B), Hydrogen chloride (hydrochloric acid) (¥ 1.55B), Paper and paperboard: uncoated, weight 225/m2... (¥ 674M), and Plywood: as specified in Subheading Note... (¥ 555M).

Imports In 2023, Japan's Tokushima imported ¥ 308B, making it the 29th largest importer out of the 41 importers in Japan. In 2023 top imports of Tokushima were Bituminous coal, not agglomerated (¥ 110B), Coal except anthracite or bituminous, not... (¥ 44.3B), Wood in chips, non-coniferous (¥ 15.9B), Manganese ores, concentrates, iron ores >20%... (¥ 12.2B), and Nickel sulphates (¥ 8.73B).

Economic Complexity In 2023, the highest complexity exports of Tokushima according to the product complexity index (PCI) are Polyamides (1.6), Other Inorganic Acids Salts (1.29), Woodworking machines (1.23), Amino-resins (1.21), Glues (1.11), Spark-Ignition Engines (1.06), Other Agricultural Machinery (0.93), Compounded Unvulcanised Rubber (0.9), Other Iron Products (0.87), and Nitrogen Heterocyclic Compounds (0.85). 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 Tokushima exported ¥1.39B and imported ¥25.1B, resulting in a negative trade balance of ¥23.8B. Between January 2023 and January 2024 the exports of Tokushima have increased by $374M (36.9%) from ¥1.01B to ¥1.39B, while imports decreased by ¥-3.13B (-11.1%) from ¥28.3B to ¥25.1B.

Trade In January 2024, the top exports of Tokushima were Nitrogen Heterocyclic Compounds (¥877M), Hydrochloric Acid (¥112M), Rare-Earth Metal Compounds (¥47.5M), Shaped Wood (¥41.3M), and Compounded Unvulcanised Rubber (¥40.8M). In January 2024 the top imports of Tokushima were Coal Briquettes (¥19B), Manganese Ore (¥2.33B), Fuel Wood (¥920M), Other Vegetable Residues (¥736M), and Sulfates (¥499M).

Destinations In January 2024, Tokushima exported mostly to United States (¥889M), South Korea (¥165M), China (¥105M), Taiwan (¥65.2M), and Thailand (¥41M), and imported mostly from Australia (¥9.45B), Indonesia (¥7.62B), United States (¥3.46B), South Africa (¥1.4B), and Thailand (¥905M).

Growth In January 2024, the increase in Tokushima's year-by-year exports was explained primarily by an increase in exports to South Korea (¥112M or 122%), Thailand (¥15.7M or 46.2%), and Malaysia (¥9.63M or 185%), and product exports increase in Hydrochloric Acid (¥24.5M or 24.9%), Prepr binder for foundry (¥16.4M or 134%), and Plywood (¥16M or 35.1%). In January 2024, the decrease in Tokushima's year-by-year imports was explained primarily by an decrease in imports from South Korea (¥-1.35B or -90.9%), Vietnam (¥-457M or -56.7%), and Malaysia (¥-36.7M or -10.3%), and product imports decrease in Refined Petroleum (¥-1.38B or -100%), Hydrogen (¥-266M or -52.5%), and Other inorganic compounds (¥-154M or -49.3%).

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)¥374M(36.9%)

IMPORT GROWTH (January 2023 - January 2024)¥-3.13B(-11.1%)

This section shows exports and imports data at subnational level for Tokushima. 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 Tokushima 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¥ 6.04B

Top Product (2023)Heterocyclic compds with an unfused triazine...¥ 6.55B

In 2023 the top export destinations of Tokushima were United States (¥ 6.04B), China (¥ 3.01B), South Korea (¥ 2.55B), Taiwan (¥ 984M), and Philippines (¥ 731M).

In 2023 the top exports of Tokushima were Heterocyclic compds with an unfused triazine... (¥ 6.55B), Commodities not specified according to kind (¥ 1.88B), Hydrogen chloride (hydrochloric acid) (¥ 1.55B), Paper and paperboard: uncoated, weight 225/m2... (¥ 674M), and Plywood: as specified in Subheading Note... (¥ 555M).

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Exports Dynamics

Starting Date

Ending Date

Fastest Growing Exports Destination (Jan 2023 - Jan 2024)

United States ¥ 393M (79.4%)

China ¥ 52M (98%)

Taiwan ¥ 19.8M (43.5%)

Rapidly Declining Export Origins (Jan 2023 - Jan 2024)

South Korea ¥ -39.6M (-19.4%)

Philippines ¥ -17.8M (-32.2%)

India ¥ -13.8M (-72.2%)

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Yearly Imports

Color

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

Year

Top Origin (2023)Australia¥ 84.4B

Top Import (2023)Bituminous coal, not agglomerated¥ 110B

In 2023 the top import origins of Tokushima were Australia (¥ 84.4B), Indonesia (¥ 55.2B), United States (¥ 16.1B), China (¥ 14.1B), and Thailand (¥ 11.2B).

In 2023 the top imports of Tokushima were Bituminous coal, not agglomerated (¥ 110B), Coal except anthracite or bituminous, not... (¥ 44.3B), Wood in chips, non-coniferous (¥ 15.9B), Manganese ores, concentrates, iron ores >20%... (¥ 12.2B), and Nickel sulphates (¥ 8.73B).

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Imports Dynamics

Starting Date

Ending Date

Fastest Growing Import Origins (Jan 2023 - Jan 2024)

United States ¥ 1.69B (95.7%)

South Africa ¥ 697M (99.1%)

Indonesia ¥ 642M (9.2%)

Rapidly Declining Import Origins (Jan 2023 - Jan 2024)

Australia ¥ -5.65B (-37.4%)

Taiwan ¥ -451M (-62.6%)

China ¥ -232M (-25%)

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Economic Complexity

Economic Complexity of Tokushima

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Geomap

Treemap

Economic Complexity (2023)0.14

Tokushima ranks 30th 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. Tokushima it is in position 30th 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 Tokushima already has a comparative advantage, are led by Propylene Polymers (0.052), Acyclic Alcohols (0.05), Ethylene Polymers (0.049), Other Edible Preparations (0.049), and Motor vehicles; parts and accessories (8701... (0.049).

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Most Complex Products by PCI

The highest complexity exports of Tokushima according to the product complexity index (PCI) are Polyamides (1.6), Other Inorganic Acids Salts (1.29), Woodworking machines (1.23), Amino-resins (1.21), Glues (1.11), Spark-Ignition Engines (1.06), Other Agricultural Machinery (0.93), Compounded Unvulcanised Rubber (0.9), Other Iron Products (0.87), and Nitrogen Heterocyclic Compounds (0.85). 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 Slag Dross (759.36), Rare-Earth Metal Compounds (252.21), Recovered Paper Pulp (131.18), Silicates (128.43), and Nitrogen Heterocyclic Compounds (93.41).

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