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2022
Flag → Flag
Exports $191kRnk 23 / 0
2022
Flag → Flag
Exports $914kRnk 9 / 0
2023
Flag
Economic Complexity (ECI) ECI 1.85Rnk 4 / 132
2023
Flag  
GDP$1.71TCURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP GROWTH25%CURRENT US$
Rnk 127 / 195
2023
Flag
GDP PC $33,121CURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP PC GROWTH21.9%CURRENT US$
Rnk 99 / 195

About

South Korea-Tonga Trade: In 2022, South Korea exported $191k to Tonga. The main products that South Korea exported to Tonga were N/A. Over the past 5 years the exports of South Korea to Tonga have decreased at an annualized rate of 10.2%, from $327k in 2017 to $191k in 2022.

In 2022, South Korea did not export any services to Tonga.

Tonga-South Korea Trade: In 2022, Tonga exported $914k to South Korea. The main products that Tonga exported to South Korea were N/A. Over the past 5 years the exports of Tonga to South Korea have decreased at an annualized rate of 23.7%,  from $3.54M in 2017 to $914k in 2022.

In 2022, Tonga did not export any services to South Korea.

Comparison In 2023,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.85),  and 5 in total exports ($645B). That same year, Tonga ranked 214 in total exports ($16M), and does not have data regarding Economic Complexity Index.

Latest Trends

December, 2024

About

Overview In December 2024, South Korea exported $48k and imported $16k from Tonga, resulting in a positive trade balance of $32k. Between December 2023 and December 2024 the exports of South Korea have increased by $48k (N/A%) from $0 to $48k, while imports decreased by $-71k (-81.6%) from $87k to $16k.

Trade In December 2024, the top exports of South Korea to Tonga were Wadding, felt, nonwovens, twin, ropes, &... ($40k), Books, newspapers, & other prints ($5k), Aluminum articles ($0), and Electrical machinery and electronics ($0). In December 2024 the top imports of South Korea from Tonga were Aluminum articles ($139k), Electrical machinery and electronics ($13k), Books, newspapers, & other prints ($0), and Wadding, felt, nonwovens, twin, ropes, &... ($0).

Growth In December 2024, the increase in South Korea's year-by-year exports to Tonga was explained primarily by an increase in product exports in . In December 2024, the decrease in South Korea's year-by-year imports  from Tonga was explained primarily by an decrease in product imports  in Electrical machinery and electronics ($-1k or -7.14%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$48k(N/A%)
IMPORT GROWTH (December 2023 - December 2024)$-71k(-81.6%)

This section shows exports and imports data at subnational level for South Korea. Click any date in the line plot or any product to explore the exports or imports behavior of South Korea over time.

To check Tonga and South Korea trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Tonga and South Korea Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $191k to Tonga. There were not main exports from South Korea to Tonga in 2022. During the last 5 years the exports of South Korea to Tonga have decreased at an annualized rate of 10.2%, from $327k in 2017 to $191k in 2022.

In 2017, Tonga exported $914k to South Korea. There were not main exports from Tonga to South Korea in 2017. During the last 5 years the exports of Tonga to South Korea have decreased at an annualized rate of 23.7%, from $3.54M in 2022 to $914k in 2017.

Exports from South Korea (Flag) to Tonga (Flag) (2022)

Exports from Tonga (Flag) to South Korea (Flag) (2022)

Market Competitiveness

Color
South Korea
Top DestinationN/AN/A
Tonga
Top DestinationN/AN/A

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

N/A

N/A

Difference in imports from Tonga (Flag) and South Korea (Flag) (2023)

Comparative Advantage South Korea - Tonga

Flow
Scale

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

During 2022, South Korea had a large net trade with Tonga in the exports of .

During 2017, Tonga had a large net trade with South Korea in the exports of .

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of South Korea and Tonga. This means that a dot/product with the flag of South Korea indicates it has a comparative advantage over Tonga. Similarly, a dot/product with the flag of Tonga indicates it has a comparative advantage over South Korea.

Product Space of South Korea (Flag) and Tonga (Flag) (2022)

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