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GDP
$219BCURRENT US$
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-9.49%CURRENT US$
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$4.23TCURRENT US$
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-32.5%CURRENT US$
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$20,732CURRENT US$
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-5.39%CURRENT US$
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$33,815CURRENT US$
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About

Greece-Japan Trade: In 2022, Greece exported $349M to Japan. The main products that Greece exported to Japan were Processed Tobacco ($248M), Packaged Medicaments ($17.4M), and Refined Petroleum ($13.3M). Over the past 5 years the exports of Greece to Japan have increased at an annualized rate of 24.7%, from $116M in 2017 to $349M in 2022.

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 2022, Japan exported $319M to Greece. The main products that Japan exported to Greece were Hot-Rolled Iron ($73M), Cars ($50.2M), and Motorcycles and cycles ($20.9M). Over the past 5 years the exports of Japan to Greece have increased at an annualized rate of 3.45%,  from $235M in 2017 to $319M in 2022.

In 2022, Japan did not export any services to Greece.

Comparison: In 2022,  Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B). That same year, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Greece exported $349M to Japan. The main products exported from Greece to Japan were Processed Tobacco ($248M), Packaged Medicaments ($17.4M), and Refined Petroleum ($13.3M). During the last 5 years the exports of Greece to Japan have increased at an annualized rate of 24.7%, from $116M in 2017 to $349M in 2022.

In 2017, Japan exported $319M to Greece. The main products exported from Japan to Greece were Hot-Rolled Iron ($73M), Cars ($50.2M), and Motorcycles and cycles ($20.9M). During the last 5 years the exports of Japan to Greece have increased at an annualized rate of 3.45%, from $235M in 2022 to $319M in 2017.

Exports from Greece (Flag) to Japan (Flag) (2022)

Exports from Japan (Flag) to Greece (Flag) (2022)

Latest Data

Trade between Greece (Flag) and Japan (Flag)

Greece Exports

Japan Exports

Market Competitiveness

Color
Greece
Top Destination
Italy$5.82B
Japan
Top Destination
United States$137B

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 2022, countries that imported more from Greece than Japan included Bulgaria ($3.62B), Cyprus ($2.92B), and Libya ($1.95B).

In 2022, countries that imported more from Japan than Greece included China ($135B), United States ($137B), and South Korea ($50.8B).

Difference in imports from Japan (Flag) and Greece (Flag) (2022)

Comparative Advantage Greece - Japan

Flow
Scale

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

During 2022, Greece had a large net trade with Japan in the exports of Foodstuffs ($263M), Chemical Products ($22.3M), and Textiles ($15.8M).

During 2017, Japan had a large net trade with Greece in the exports of Metals ($94.5M), Transportation ($84.5M), and Machines ($80.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
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

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.

Product Space of Greece (Flag) and Japan (Flag) (2022)

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