2 The Large Kansai Economy

2-1The Large Kansai Economy⚫ Kansai is an area that is located in the center of Japan and has a huge market with a population of approximately 21.2
million and a GDP of approximately $842 billion.

Comparison of population with major urban areasof the world
Sao Paulo/Brazil

21,486

New York/USA

21,396

KansaiKansai’s population as apercentage of Japan’s total

17%
Kansai21,169Bangkok/Thailand

18,884

Beijing/China

18,883

JAPANJapan’s total
125,416 thousand people（Thousands People）

KANSAIFukui※Figures for major world cities other than Kansai include the population of surrounding cities.
(Source)Kansai: “Population based on the Basic Resident Register (as of January 1, 2023）”,Calculated from theMinistry of Internal Affairs and Communications
World：“Demographia World Urban Areas 19th Annual Edition：202308”,Demographia

GDP comparison with countries around the world

938.1

Iran

Kyoto
Kansai’s GDP as a percentage
of Japan’s total

913.1

Netherlands

16%
Kansai

Shiga

Hyogo

841.6

Osaka

KansaiNara

Switzerland
Turkey751.7
Japan$526.93 billion

719.9

Wakayama（US＄billion)(Source)Kansai: “Report on Prefectual Accounts (FY2020) ”, Cabinet OfficeCalculated from the gross prefectual domestic product (nominal) (conversion rate: ￥106.04 per USD)World： “World Economic Outlook Database, April 202２” (2020), IMF

INVEST JAPAN, INVEST KANSAI

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２ The Large Kansai Economy

２-2

Trade Value by Region and Product⚫ Kansai has been selected as a location for business hubs in Asia due to its higher percentage of exports to and imports
from Asia than the rest of Japan.
⚫ Electric appliances, machinery and chemical products constitute a high percentage of exports from Kansai because many
global manufacturers in the fields of machinery （home appliances, motors, construction/agricultural machinery, etc.） andchemical products （medical products, plastics etc.） are located in the region.

Comparison of Exports by Region(2023)

Asia
62.3%

KansaiComparison of Imports by Region（2023）

North America
ＥＵOthers
17.5%
10.3% 9.9%

Asia
58.0%

KansaiNorth America ＥＵ
10.3%
10.6%

（Export Total Approx. 21.1 trillion yen）

Asia
52.0%

Japan

North America
21.6%

ＥＵ
10.3%

（Export Total Approx. 19.0 trillion yen）

Others16.1%

Asia
47.2%Japan

North America ＥＵ
12.3%
10.3%

（Export Total Approx. 100.9 trillion yen）

Value of Exports from Kansai by Commodity(2023)

Others21.2%

Others30.2%（Export Total Approx. 110.2 trillion yen）

Value of Imports to Kansai by Commodity(2023)

Mineral fuels
1.2%
Foodstuffs
1.5%

Others13.5%

Rawmaterials
1.6%
Transportationequipment
4.4%

Electricappliances
26.2%

Export Total Approx.
21.1trillion yen
Manufactured
goods
14.1%

Chemicalproduct15.0%

Transportationequipment
1.7%

Others
17.9%

Raw materials
4.9%

Electric appliances
15.1%

Export Total Approx.
19.0 trillion yen

Chemicalproducts
15.0%

Machinery
9.5%
Machinery
22.6%

Foodstuffs
Manufactured
10.3%
goods
10.6%

Mineral fuels
14.9%（Source）“Trade Statistics FY２０２3（reconfirmed Report）" , Ministry of Finance Trade Statistics“Trade Statistics Kinki Area Appendix" (2023) （reconfirmed Report）, Osaka Customs-“Tsuruga Customs Branch Jurisdiction (Fukui Prefecture) Appendix" (2023)

INVEST JAPAN, INVEST KANSAI

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