Yamagata | The Observatory of Economic Complexity

Yamagata

Prefecture in Tōhoku Region of Japan

2023
Economic
Complexity 0.63Rank 12 of 41

Jan 2024
Trade
Exports | Imports ¥ 2.98B | ¥ 6.54B34 of 41 | 36 of 41

Jan 2024
Country
Destination | Origin Philippines | China ¥ 571M | ¥ 3.07B

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Latest Trends
Historical Data
Economic Complexity

About

Overview This page contains the latest international trade data for Yamagata. In January 2024 Yamagata was the number 34 in total exports and the number 34 in total imports in Japan.

Exports In 2023, Japan's Yamagata exported ¥ 57.4B, making it the 34th largest exporter out of the 41 exporters in Japan. In 2023 the top exports of Yamagata were Printing machinery: parts and accessories, n.e.c.... (¥ 14.4B), Magnetic media: other than cards incorporating... (¥ 9.55B), Sanitary towels (pads) and tampons, napkins... (¥ 4.89B), Electronic integrated circuits: n.e.c. in heading... (¥ 3.62B), and Ferrous waste or scrap, nes (¥ 3.48B).

Imports In 2023, Japan's Yamagata imported ¥ 112B, making it the 34th largest importer out of the 41 importers in Japan. In 2023 top imports of Yamagata were Bituminous coal, not agglomerated (¥ 51.4B), Portable Computers under 10kg with Keyboard... (¥ 36.7B), Parts and accessories of data processing... (¥ 4B), Wood: for fuel, sawdust and wood... (¥ 2.36B), and Peptones, proteins and derivatives, nes, hide... (¥ 2.34B).

Economic Complexity In 2023, the highest complexity exports of Yamagata according to the product complexity index (PCI) are Metalworking Machines (2.2), Non-optical Microscopes (1.97), Machinery Having Individual Functions (1.93), Blank Audio Media (1.91), Non-Mechanical Removal Machinery (1.9), Oscilloscopes (1.81), Other Measuring Instruments (1.59), Integrated Circuits (1.46), Metal Molds (1.45), and Tensile Testing Machines (1.44). 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 Yamagata exported ¥2.98B and imported ¥6.54B, resulting in a negative trade balance of ¥3.55B. Between January 2023 and January 2024 the exports of Yamagata have decreased by $-1.28B (-30%) from ¥4.27B to ¥2.98B, while imports decreased by ¥-4.2B (-39.1%) from ¥10.7B to ¥6.54B.

Trade In January 2024, the top exports of Yamagata were Industrial Printers (¥845M), Integrated Circuits (¥455M), Scrap Iron (¥311M), Aluminium Plating (¥245M), and Machinery Having Individual Functions (¥143M). In January 2024 the top imports of Yamagata were Coal Briquettes (¥2.66B), Computers (¥2.21B), Office Machine Parts (¥241M), Electric Batteries (¥192M), and Peptones (¥179M).

Destinations In January 2024, Yamagata exported mostly to Philippines (¥571M), Vietnam (¥528M), Hong Kong (¥376M), Indonesia (¥343M), and Taiwan (¥274M), and imported mostly from China (¥3.07B), United States (¥2.69B), Thailand (¥232M), South Korea (¥164M), and Vietnam (¥111M).

Growth In January 2024, the decrease in Yamagata's year-by-year exports was explained primarily by an decrease in exports to China (¥-936M or -82.6%), Hong Kong (¥-52.8M or -14%), and Vietnam (¥-48.9M or -14%), and product exports decrease in Sanitary towels (pads) (¥-956M or -89.8%), Electric Motors (¥-67.2M or -45.9%), and Machinery Having Individual Functions (¥-50.2M or -66.7%). In January 2024, the decrease in Yamagata's year-by-year imports was explained primarily by an decrease in imports from Philippines (¥-104M or -59.9%), Russia (¥-65.5M or -58.6%), and Mexico (¥-50.6M or -96.3%), and product imports decrease in Commodities not elsewhere specified (¥-106M or -63.4%), Ground Nuts (¥-81.7M or -40.3%), and Sawn Wood (¥-65.5M or -58.6%).

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)¥-1.28B(-30%)

IMPORT GROWTH (January 2023 - January 2024)¥-4.2B(-39.1%)

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

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Historical Data

Yearly Exports

Color

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

Year

Top Destination (2023)Philippines¥ 12B

Top Product (2023)Printing machinery: parts and accessories, n.e.c....¥ 14.4B

In 2023 the top export destinations of Yamagata were Philippines (¥ 12B), Indonesia (¥ 11.5B), China (¥ 7.23B), Vietnam (¥ 6.53B), and Hong Kong (¥ 5.31B).

In 2023 the top exports of Yamagata were Printing machinery: parts and accessories, n.e.c.... (¥ 14.4B), Magnetic media: other than cards incorporating... (¥ 9.55B), Sanitary towels (pads) and tampons, napkins... (¥ 4.89B), Electronic integrated circuits: n.e.c. in heading... (¥ 3.62B), and Ferrous waste or scrap, nes (¥ 3.48B).

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Exports Dynamics

Starting Date

Ending Date

Fastest Growing Exports Destination (Jan 2023 - Jan 2024)

Vietnam ¥ 228M (75.7%)

Singapore ¥ 182M (242%)

Taiwan ¥ 91.3M (49.9%)

Rapidly Declining Export Origins (Jan 2023 - Jan 2024)

Philippines ¥ -1.46B (-71.9%)

Indonesia ¥ -187M (-35.3%)

South Korea ¥ -112M (-33.9%)

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Yearly Imports

Color

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

Year

Top Origin (2023)China¥ 52.7B

Top Import (2023)Bituminous coal, not agglomerated¥ 51.4B

In 2023 the top import origins of Yamagata were China (¥ 52.7B), Australia (¥ 42.5B), United States (¥ 10.6B), Thailand (¥ 4.46B), and South Korea (¥ 2.57B).

In 2023 the top imports of Yamagata were Bituminous coal, not agglomerated (¥ 51.4B), Portable Computers under 10kg with Keyboard... (¥ 36.7B), Parts and accessories of data processing... (¥ 4B), Wood: for fuel, sawdust and wood... (¥ 2.36B), and Peptones, proteins and derivatives, nes, hide... (¥ 2.34B).

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Imports Dynamics

Starting Date

Ending Date

Fastest Growing Import Origins (Jan 2023 - Jan 2024)

United States ¥ 896M (50%)

China ¥ 50.2M (1.66%)

India ¥ 38.1M (837%)

Rapidly Declining Import Origins (Jan 2023 - Jan 2024)

South Korea ¥ -64.3M (-28.2%)

Thailand ¥ -44.2M (-16%)

Russia ¥ -30.9M (-67%)

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Economic Complexity

Economic Complexity of Yamagata

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Geomap

Treemap

Economic Complexity (2023)0.63

Yamagata ranks 12th 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. Yamagata it is in position 12th 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 Yamagata already has a comparative advantage, are led by Office Machine Parts (0.072), Broadcasting Accessories (0.069), Printed Circuit Boards (0.069), Other Electrical Machinery (0.068), and Optical Fibers and optical fibre bundles (0.068).

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Most Complex Products by PCI

The highest complexity exports of Yamagata according to the product complexity index (PCI) are Metalworking Machines (2.2), Non-optical Microscopes (1.97), Machinery Having Individual Functions (1.93), Blank Audio Media (1.91), Non-Mechanical Removal Machinery (1.9), Oscilloscopes (1.81), Other Measuring Instruments (1.59), Integrated Circuits (1.46), Metal Molds (1.45), and Tensile Testing Machines (1.44). 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 Industrial Printers (110.88), Other Glass Articles (81.34), Blank Audio Media (63.14), Scrap Iron (29.13), and Mill Machinery (14.19).

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