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2022
Flag → Flag
Exports $319MRnk 76 / 211
2022
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Top Product $73MHot-Rolled Iron
2022
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Exports $349MRnk 35 / 208
2022
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Top Product $248MProcessed Tobacco
2022
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Economic Complexity (ECI) ECI 2.07Rnk 1 / 133
2022
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Economic Complexity (ECI) ECI 0.33Rnk 50 / 133
2022
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GDP$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
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GDP GROWTH-32.5%CURRENT US$
Rnk 182 / 186
2022
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 GDP$219BCURRENT US$
Rnk 54 / 186
2012-2022
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GDP GROWTH-9.49%CURRENT US$
Rnk 174 / 186
2022
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GDP PC $33,815CURRENT US$
Rnk 32 / 186
2012-2022
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GDP PC GROWTH-31.2%CURRENT US$
Rnk 178 / 186
2022
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GDP PC$20,732CURRENT US$
Rnk 50 / 186
2012-2022
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GDP PC GROWTH-5.39%CURRENT US$
Rnk 154 / 186

About

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 6.3%, from $235M in 2017 to $319M in 2022.

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

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.

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

Latest Trends

August, 2024

About

Overview In August 2024, Japan exported ¥3.05B and imported ¥4.47B from Greece, resulting in a negative trade balance of ¥1.41B. Between August 2023 and August 2024 the exports of Japan have decreased by ¥-2.54B (-45.4%) from ¥5.59B to ¥3.05B, while imports decreased by ¥-6.74B (-60.1%) from ¥11.2B to ¥4.47B.

Trade In August 2024, the top exports of Japan to Greece were Passenger and Cargo Ships (¥3.86B), Cars (¥755M), Air Pumps (¥567M), Industrial Printers (¥228M), and Motorcycles and cycles (¥152M). In August 2024 the top imports of Japan from Greece were Inhalable tobacco/nicotine products (¥13B), Other Processed Fruits and Nuts (¥210M), Other Oily Seeds (¥153M), Special Pharmaceuticals (¥54.8M), and Aluminium Foil (¥50.7M).

Origins In August 2024 the exports of Japan were mainly from Aichi (¥974M), Hyōgo (¥566M), Osaka (¥325M), Fukuoka (¥297M), and Tokyo (¥231M), while imports destinations were mainly Tokyo (¥2.82B), Hyōgo (¥860M), Kanagawa (¥455M), Aichi (¥125M), and Osaka (¥69.5M).

Growth In August 2024, the decrease in Japan's year-by-year exports to Greece was explained primarily by an decrease in product exports in Ink Ribbons (¥-125M or -99.7%), Motorcycles and cycles (¥-65M or -29.9%), and Spark-Ignition Engines (¥-60.1M or -43.3%). In August 2024, the decrease in Japan's year-by-year imports  from Greece was explained primarily by an decrease in product imports  in Packaged Medicaments (¥-1.12B or -96.8%), Raw Cotton (¥-131M or -78.7%), and Aluminium Plating (¥-102M or -85.9%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)¥-2.54B(-45.4%)
IMPORT GROWTH (August 2023 - August 2024)¥-6.74B(-60.1%)
MAIN EXPORTER (August 2024)Aichi¥974M

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 Greece and Japan trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Greece and Japan Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 6.3%, from $235M in 2017 to $319M in 2022.

In 2017, 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 2022 to $349M in 2017.

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

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

Market Competitiveness

Color
Japan
Top DestinationUnited States$137B
Greece
Top DestinationItaly$5.82B

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

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

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

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

Comparative Advantage Japan - Greece

Flow
Scale

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

During 2022, Japan had a large net trade with Greece in the exports of Metals ($94.5M), Transportation ($84.5M), and Machines ($80.5M).

During 2017, Greece had a large net trade with Japan in the exports of Foodstuffs ($263M), Chemical Products ($22.3M), and Textiles ($15.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Greece+$64MCars
Top Product Potential Greece Japan+$45.2MRefined Petroleum

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, 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.

Service trade data is presented based on availability.

Services Exports from Greece (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 Greece. This means that a dot/product with the flag of Japan indicates it has a comparative advantage over Greece. Similarly, a dot/product with the flag of Greece indicates it has a comparative advantage over Japan.

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

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