noun
souvenir; souvenir item
Refers to a tangible souvenir product, often sold at tourist spots. Slightly more formal or commercial than お土産.
空港で地元の土産品を買った。
I bought local souvenir items at the airport.
この店では様々な土産品を取り扱っています。
This shop carries a variety of souvenir goods.
お土産 is the common, everyday word for a souvenir or gift brought back from a trip. 土産品 is more specific to souvenir products or goods, often in a commercial context.
Compound of 土産 (みやげ, 'souvenir') and 品 (ひん, 'goods, article').