Flag Australia / Tonga Flag

2019
Flag β†’ Flag  
Exports
: $12.8M, Rnk 107 / 208

2019
Flag β†’ Flag
Top Product
: $3.92M, Sheep and Goat Meat

2019
Flag β†’ Flag
Exports
: $2.14M, Rnk 3 / 45

2019
Flag β†’ Flag
Top Product
: $541k, Cassava

2019
Flag
Economic Complexity (ECI)
: ECI -0.16, Rnk 82 / 157

2019
Flag  
GDP
: $1.4T, CURRENT US$
Rnk 13 / 187

2009-2019
Flag
GDP GROWTH
: 50.5%, CURRENT US$
Rnk 93 / 187

2019
Flag
 GDP
: $512M, CURRENT US$
Rnk 182 / 187

2009-2019
Flag
GDP GROWTH
: 64%, CURRENT US$
Rnk 71 / 187

2019
Flag
GDP PC 
: $55,060, CURRENT US$
Rnk 12 / 187

2009-2019
Flag
GDP PC GROWTH
: 28.7%, CURRENT US$
Rnk 95 / 187

2019
Flag
GDP PC 
: $4,903, CURRENT US$
Rnk 105 / 187

2009-2019
Flag
GDP PC GROWTH
: 63.1%, CURRENT US$
Rnk 41 / 187

Australia-Tonga: In 2019, Australia exported $12.8M to Tonga. The main products that Australia exported to Tonga are Sheep and Goat Meat ($3.92M), Frozen Bovine Meat ($1.46M), and Tug Boats ($1.15M). During the last 24 years the exports of Australia to Tonga have increased at an annualized rate of 0.57%, from $11.2M in 1995 to $12.8M in 2019.

In 2019, Australia did not exported services to Tonga.

Tonga-Australia: In 2019, Tonga exported $2.14M to Australia . The main products that Tonga exported to Australia were Cassava ($541k), Other Processed Fruits and Nuts ($510k), and Coconuts, Brazil Nuts, and Cashews ($205k). During the last 24 years the exports of Tonga to Australia have increased at an annualized rate of 7.99%, from $338k in 1995 to $2.14M in 2019.

In 2019, Tonga did not exported services to Australia.

Comparison: In 2019,  Australia ranked 82 in the Economic Complexity Index (ECI -0.16),  and 19 in total exports ($284B). That same year, Tonga ranked 215 in total exports ($14.9M), and does not have data regarding Economic Complexity Index.

Bilateral Trade by Products

#permalink to section
Depth
Value

In 2019, Australia exported $12.8M to Tonga. The main products exported from Australia to Tonga were Sheep and Goat Meat ($3.92M), Frozen Bovine Meat ($1.46M), and Tug Boats ($1.15M). During the last 24 years the exports of Australia to Tonga have increased at an annualized rate of 0.57%, from $11.2M in 1995 to $12.8M in 2019.

In 2019, Tonga exported $2.14M to Australia. The main products exported from Tonga to Australia were Cassava ($541k), Other Processed Fruits and Nuts ($510k), and Coconuts, Brazil Nuts, and Cashews ($205k). During the last 24 years the exports of Tonga to Australia have increased at an annualized rate of 7.99%, from $338k in 1995 to $2.14M in 2019.

Market Competitiveness

#permalink to section
Measure

Australia
Top Destination
: China, $111B

Tonga
Top Destination
: United States, $5.61M

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

In 2019, countries that imported more from Australia than Tonga were China ($111B), Japan ($41.5B), and South Korea ($18.9B).

In 2019, no countries were registered that imported more from Tonga than from Australia.

Comparative Advantage Australia - Tonga

#permalink to section
Depth

This chart compares trade between Australia and Tonga by product, considering products traded by both, Australia and Tonga.

During 2019, Australia had a large net trade with Tonga in the exports of Animal Products ($5.8M), Machines ($1.73M), and Transportation ($1.71M).

During 2019, Tonga had a large net trade with Australia in the exports of Vegetable Products ($809k), Foodstuffs ($512k), and Metals ($278k).

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Australia has comparative advantage over Tonga. Similarly, the more red a dot/product is, the more Tonga has comparative advantage over Australia.