Greece (GRC) and Japan (JPN) Trade | The Observatory of Economic Complexity

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Greece-Japan Trade: In 2023, Greece exported $732M to Japan. The main products that Greece exported to Japan were Processed Tobacco ($630M), Gas Turbines ($19.6M), and Packaged Medicaments ($14.4M). Over the past 5 years the exports of Greece to Japan have increased at an annualized rate of 27.7%, from $216M in 2018 to $732M in 2023.

In 2020, Greece exported services to Japan worth $145M, with Transportation ($136M), Travel ($2.4M), and Other business services ($2.17M) being the largest in terms of value.

Japan-Greece Trade: In 2023, Japan exported $389M to Greece. The main products that Japan exported to Greece were Cars ($97.5M), Hot-Rolled Iron ($62.1M), and Passenger and Cargo Ships ($29.5M). Over the past 5 years the exports of Japan to Greece have decreased at an annualized rate of 5.6%, from $518M in 2018 to $389M in 2023.

In 2023, Japan did not export any services to Greece.

Comparison: In 2023, Greece ranked 46 in the Economic Complexity Index (ECI 0.4), and 56 in total exports ($53.3B). That same year, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Greece exported $732M to Japan. The main products exported from Greece to Japan were Processed Tobacco ($630M), Gas Turbines ($19.6M), and Packaged Medicaments ($14.4M). During the last 5 years the exports of Greece to Japan have increased at an annualized rate of 27.7%, from $216M in 2018 to $732M in 2023.

In 2018, Japan exported $389M to Greece. The main products exported from Japan to Greece were Cars ($97.5M), Hot-Rolled Iron ($62.1M), and Passenger and Cargo Ships ($29.5M). During the last 5 years the exports of Japan to Greece have decreased at an annualized rate of 5.6%, from $518M in 2023 to $389M in 2018.

Exports from Greece () to Japan () (2023)

Exports from Japan () to Greece () (2023)

Latest Data

Trade between Greece () and Japan ()

Greece Exports

Date

Japan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Greece
Top DestinationItaly$6.21B

Japan
Top DestinationUnited States$143B

This map shows whether countries import more from Greece or Japan. Each country is colored based on the difference in imports they receive from Greece and Japan or the difference in the growth in imports.

In 2023, countries that imported more from Greece than Japan included Cyprus ($3.03B), Bulgaria ($2.38B), and Romania ($2.09B).

In 2023, countries that imported more from Japan than Greece included United States ($143B), China ($138B), and Chinese Taipei ($43B).

Difference in imports from Japan () and Greece () (2023)

Comparative Advantage Greece - Japan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Greece and Japan by product, considering products traded by both, Greece and Japan.

During 2023, Greece had a large net trade with Japan in the exports of Foodstuffs ($648M), Machines ($23.3M), and Chemical Products ($20.4M).

During 2018, Japan had a large net trade with Greece in the exports of Transportation ($168M), Metals ($85.7M), and Machines ($81.2M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Greece Japan+$45.2MRefined Petroleum

Top Product Potential Japan Greece+$64MCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Greece and Japan. This means that a dot/product with the flag of Greece indicates it has a comparative advantage over Japan. Similarly, a dot/product with the flag of Japan indicates it has a comparative advantage over Greece.

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Historical Data

Bilateral Trade by Products

Exports from Greece () to Japan () (2023)

Exports from Japan () to Greece () (2023)

Latest Data

Trade between Greece () and Japan ()

Greece Exports

Japan Exports

Market Competitiveness

Difference in imports from Japan () and Greece () (2023)

Comparative Advantage Greece - Japan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Greece () and Japan () (2023)

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