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GDP
$4.23TCURRENT US$
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GDP GROWTH
-32.5%CURRENT US$
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 GDP
$219BCURRENT US$
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-9.49%CURRENT US$
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$33,815CURRENT US$
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-31.2%CURRENT US$
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$20,732CURRENT US$
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-5.39%CURRENT US$
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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).

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 Destination
United States$137B
Greece
Top Destination
Italy$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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