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2023
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Exports $389MRnk 79 / 211
2023
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Top Product $97.5MCars
2023
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Exports $732MRnk 20 / 214
2023
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Top Product $630MProcessed Tobacco
2023
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Economic Complexity (ECI) ECI 2.07Rnk 1 / 132
2023
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Economic Complexity (ECI) ECI 0.4Rnk 46 / 132
2023
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GDP$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
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GDP GROWTH-19.3%CURRENT US$
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2023
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 GDP$243BCURRENT US$
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2013-2023
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GDP GROWTH2.93%CURRENT US$
Rnk 166 / 195
2023
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GDP PC $33,767CURRENT US$
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2013-2023
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GDP PC GROWTH-17.4%CURRENT US$
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2023
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GDP PC$23,401CURRENT US$
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2013-2023
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GDP PC GROWTH8.47%CURRENT US$
Rnk 139 / 195

About

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.

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 16.5%,  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.

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

Latest Trends

November, 2024

About

Overview In November 2024, Japan exported ¥3.43B and imported ¥7.42B from Greece, resulting in a negative trade balance of ¥3.99B. Between November 2023 and November 2024 the exports of Japan have increased by ¥731M (27%) from ¥2.7B to ¥3.43B, while imports increased by ¥4.59B (162%) from ¥2.83B to ¥7.42B.

Trade In November 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 November 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 November 2024 the exports of Japan were mainly from Aichi (¥1.79B), Osaka (¥333M), Shizuoka (¥317M), Tokyo (¥213M), and Chiba (¥128M), while imports destinations were mainly Tokyo (¥6.59B), Hyōgo (¥458M), Osaka (¥113M), Kanagawa (¥96.5M), and Aichi (¥56.1M).

Growth In November 2024, the increase in Japan's year-by-year exports to Greece was explained primarily by an increase in product exports in Air Pumps (¥559M or 6.32k%), Cars (¥546M or 261%), and Industrial Printers (¥216M or 1.88k%). In November 2024, the increase in Japan's year-by-year imports  from Greece was explained primarily by an increase in product imports  in Inhalable tobacco/nicotine products (¥3.85B or 41.9%), Other Processed Fruits and Nuts (¥128M or 156%), and Other Oily Seeds (¥78.1M or 105%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)¥731M(27%)
IMPORT GROWTH (November 2023 - November 2024)¥4.59B(162%)
MAIN EXPORTER (November 2024)Aichi¥1.79B

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 2023, 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 2018 to $389M in 2023.

In 2018, 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 16.5%, from $216M in 2023 to $732M in 2018.

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

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

Market Competitiveness

Color
Japan
Top DestinationUnited States$143B
Greece
Top DestinationItaly$6.21B

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

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

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

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 2023, Japan had a large net trade with Greece in the exports of N/A.

During 2018, Greece had a large net trade with Japan in the exports of Foodstuffs ($648M), Machines ($23.3M), and Chemical Products ($20.4M).

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) (2023)

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