This is the 1893rd most frequent Japanese word.
神戸
Kobe: A city in Japan located in Hyogo Prefecture.
In this sentence, '神戸' (Kobe) is used as a proper noun referring to the geographic location, a city in Japan. It specifies the speaker's place of residence.
私は神戸に住んでいます。
I live in Kobe.
Here, '神戸' (Kobe) is used as part of the name of a famous product, '神戸牛' (Kobe beef), which is internationally recognized for its quality and taste. It denotes the origin of the beef.
神戸牛はとても美味しいです。
Kobe beef is very delicious.
In this usage, '神戸' (Kobe) is used as a modifier to describe '港' (port). It indicates the location of the port as being in Kobe.