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2022
Flag → Flag
Exports $675MRnk 56 / 211
2022
Flag → Flag
Top Product $103MMotor vehicles; parts and accessories (8701 to 8705)
2022
Flag → Flag
Exports $316MRnk 33 / 208
2022
Flag → Flag
Top Product $96.5MCars
2022
Flag
Economic Complexity (ECI) ECI 2.07Rnk 1 / 133
2022
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Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag  
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$252BCURRENT US$
Rnk 49 / 186
2012-2022
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GDP GROWTH16.5%CURRENT US$
Rnk 132 / 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
Flag
GDP PC$24,275CURRENT US$
Rnk 46 / 186
2012-2022
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GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186

About

Japan-Portugal Trade: In 2022, Japan exported $675M to Portugal. The main products that Japan exported to Portugal were Motor vehicles; parts and accessories (8701 to 8705) ($103M), Hot-Rolled Iron ($72M), and Cars ($63.9M). Over the past 5 years the exports of Japan to Portugal have increased at an annualized rate of 7.83%, from $463M in 2017 to $675M in 2022.

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

Portugal-Japan Trade: In 2022, Portugal exported $316M to Japan. The main products that Portugal exported to Japan were Cars ($96.5M), Processed Tomatoes ($45.8M), and Wine ($8.7M). Over the past 5 years the exports of Portugal to Japan have increased at an annualized rate of 6.77%,  from $228M in 2017 to $316M in 2022.

In 2020, Portugal exported services to Japan worth $13.7M, with Travel ($13.7M) 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Latest Trends

June, 2024

About

Overview In June 2024, Japan exported ¥7.33B and imported ¥5.8B from Portugal, resulting in a positive trade balance of ¥1.53B. Between June 2023 and June 2024 the exports of Japan have decreased by ¥-1.35B (-15.5%) from ¥8.68B to ¥7.33B, while imports decreased by ¥-2.17B (-27.2%) from ¥7.97B to ¥5.8B.

Trade In June 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 June 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 June 2024 the exports of Japan were mainly from Aichi (¥2.35B), Kanagawa (¥1.36B), Chiba (¥1.36B), Osaka (¥558M), and Fukuoka (¥467M), while imports destinations were mainly Chiba (¥1.84B), Tokyo (¥1.73B), Kanagawa (¥885M), Aichi (¥382M), and Osaka (¥333M).

Growth In June 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 June 2024, the decrease in Japan's year-by-year imports  from Portugal was explained primarily by an decrease in product imports  in Cars (¥-339M or -14.6%), Electrical Ignitions (¥-128M or -93.6%), and Imitation Jewellery (¥-54.9M or -57.1%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (June 2023 - June 2024)¥-1.35B(-15.5%)
IMPORT GROWTH (June 2023 - June 2024)¥-2.17B(-27.2%)
MAIN EXPORTER (June 2024)Aichi¥2.35B

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 2022, Japan exported $675M to Portugal. The main products exported from Japan to Portugal were Motor vehicles; parts and accessories (8701 to 8705) ($103M), Hot-Rolled Iron ($72M), and Cars ($63.9M). During the last 5 years the exports of Japan to Portugal have increased at an annualized rate of 7.83%, from $463M in 2017 to $675M in 2022.

In 2017, Portugal exported $316M to Japan. The main products exported from Portugal to Japan were Cars ($96.5M), Processed Tomatoes ($45.8M), and Wine ($8.7M). During the last 5 years the exports of Portugal to Japan have increased at an annualized rate of 6.77%, from $228M in 2022 to $316M in 2017.

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

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

Market Competitiveness

Color
Japan
Top DestinationUnited States$137B
Portugal
Top DestinationSpain$20.5B

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

In 2022, countries that imported more from Portugal than Japan included Spain ($20.5B), France ($9.49B), and Angola ($1.59B).

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

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 2022, Japan had a large net trade with Portugal in the exports of Transportation ($254M), Machines ($163M), and Metals ($113M).

During 2017, Portugal had a large net trade with Japan in the exports of Transportation ($101M), Foodstuffs ($57.2M), and Machines ($29.5M).

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) (2022)

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