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2023
Flag → Flag
Exports $553MRnk 66 / 211
2023
Flag → Flag
Top Product $139MMotor vehicles; parts and accessories (8701 to 8705)
2023
Flag → Flag
Exports $563MRnk 23 / 211
2023
Flag → Flag
Top Product $209MCars
2023
Flag
Economic Complexity (ECI) ECI 2.07Rnk 1 / 132
2023
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Economic Complexity (ECI) ECI 0.57Rnk 42 / 132
2023
Flag  
GDP$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
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GDP GROWTH-19.3%CURRENT US$
Rnk 190 / 195
2023
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 GDP$289BCURRENT US$
Rnk 48 / 195
2013-2023
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GDP GROWTH27.5%CURRENT US$
Rnk 119 / 195
2023
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GDP PC $33,767CURRENT US$
Rnk 38 / 195
2013-2023
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GDP PC GROWTH-17.4%CURRENT US$
Rnk 176 / 195
2023
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GDP PC$27,331CURRENT US$
Rnk 50 / 196
2013-2023
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GDP PC GROWTH26.1%CURRENT US$
Rnk 84 / 195

About

Japan-Portugal Trade: In 2023, Japan exported $553M to Portugal. The main products that Japan exported to Portugal were Motor vehicles; parts and accessories (8701 to 8705) ($139M), Hot-Rolled Iron ($65.6M), and Cars ($26.1M). Over the past 5 years the exports of Japan to Portugal have decreased at an annualized rate of 3.07%, from $646M in 2018 to $553M in 2023.

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

Portugal-Japan Trade: In 2023, Portugal exported $563M to Japan. The main products that Portugal exported to Japan were Cars ($209M), Processed Tomatoes ($63.2M), and Knit T-shirts ($31.3M). Over the past 5 years the exports of Portugal to Japan have increased at an annualized rate of 13%,  from $305M in 2018 to $563M in 2023.

In 2020, Portugal exported services to Japan worth $13.7M, with Travel ($13.7M) being the largest in terms of value.

Comparison: In 2023,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B). That same year, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B).

Latest Trends

November, 2024

About

Overview In November 2024, Japan exported ¥5.45B and imported ¥12.9B from Portugal, resulting in a negative trade balance of ¥7.48B. Between November 2023 and November 2024 the exports of Japan have decreased by ¥-1.51B (-21.7%) from ¥6.96B to ¥5.45B, while imports increased by ¥6.73B (109%) from ¥6.2B to ¥12.9B.

Trade In November 2024, the top exports of Japan to Portugal were Cars (¥1.1B), Motor vehicles; parts and accessories (8701... (¥988M), Hot-Rolled Iron (¥819M), Delivery Trucks (¥381M), and Commodities not elsewhere specified (¥355M). In November 2024 the top imports of Japan from Portugal were Cars (¥1.99B), Processed Tomatoes (¥713M), Knit T-shirts (¥540M), Knit Sweaters (¥339M), and Leather Footwear (¥143M).

Origins In November 2024 the exports of Japan were mainly from Aichi (¥1.83B), Kanagawa (¥1.34B), Osaka (¥468M), Chiba (¥429M), and Ibaraki (¥388M), while imports destinations were mainly Chiba (¥7.58B), Aichi (¥3.46B), Tokyo (¥1B), Osaka (¥311M), and Kanagawa (¥306M).

Growth In November 2024, the decrease in Japan's year-by-year exports to Portugal was explained primarily by an decrease in product exports in Delivery Trucks (¥-184M or -32.5%), Centrifuges (¥-146M or -92.3%), and Metal Molds (¥-124M or -95.8%). In November 2024, the increase in Japan's year-by-year imports  from Portugal was explained primarily by an increase in product imports  in Processed Tomatoes (¥291M or 68.9%), Knit T-shirts (¥249M or 85.7%), and Knit Sweaters (¥91.6M or 37.1%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)¥-1.51B(-21.7%)
IMPORT GROWTH (November 2023 - November 2024)¥6.73B(109%)
MAIN EXPORTER (November 2024)Aichi¥1.83B

This section shows exports and imports data at subnational level for Japan. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Japan over time.

To check Portugal and Japan trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Portugal and Japan Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Japan exported $553M to Portugal. The main products exported from Japan to Portugal were Motor vehicles; parts and accessories (8701 to 8705) ($139M), Hot-Rolled Iron ($65.6M), and Cars ($26.1M). During the last 5 years the exports of Japan to Portugal have decreased at an annualized rate of 3.07%, from $646M in 2018 to $553M in 2023.

In 2018, Portugal exported $563M to Japan. The main products exported from Portugal to Japan were Cars ($209M), Processed Tomatoes ($63.2M), and Knit T-shirts ($31.3M). During the last 5 years the exports of Portugal to Japan have increased at an annualized rate of 13%, from $305M in 2023 to $563M in 2018.

Exports from Japan (Flag) to Portugal (Flag) (2023)

Exports from Portugal (Flag) to Japan (Flag) (2023)

Market Competitiveness

Color
Japan
Top DestinationUnited States$143B
Portugal
Top DestinationSpain$17.7B

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

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

In 2023, countries that imported more from Portugal than Japan included Spain ($17.7B), France ($9.19B), and Angola ($1.64B).

Difference in imports from Portugal (Flag) and Japan (Flag) (2023)

Comparative Advantage Japan - Portugal

Flow
Scale

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

During 2023, Japan had a large net trade with Portugal in the exports of Transportation ($174M), Machines ($127M), and Metals ($113M).

During 2018, Portugal had a large net trade with Japan in the exports of Transportation ($214M), Textiles ($92.7M), and Foodstuffs ($76.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Portugal+$68.1MCars
Top Product Potential Portugal Japan+$60.2MCars

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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Bilateral Service Trade

In 2020, Portugal exported services to Japan worth $13.7M, with Travel ($13.7M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Portugal (Flag) to Japan (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Japan (Flag) and Portugal (Flag) (2023)

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