2022
Flag
 GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH
37%CURRENT US$
Rnk 89 / 186
2022
Flag
GDP PC
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 186

About

Tonga-Hong Kong Trade: In 2022, Tonga exported $1.08M to Hong Kong. The main products that Tonga exported to Hong Kong were Processed Crustaceans ($1M), Live Fish ($46.9k), and Telephones ($17.1k). Over the past 5 years the exports of Tonga to Hong Kong have increased at an annualized rate of 95.2%, from $37.9k in 2017 to $1.08M in 2022.

In 2022, Tonga did not export any services to Hong Kong.

Hong Kong-Tonga Trade: In 2022, Hong Kong exported $1.67M to Tonga. The main products that Hong Kong exported to Tonga were Broadcasting Equipment ($1.44M), Liquid Dispersing Machines ($82.8k), and Video Displays ($37.8k). Over the past 5 years the exports of Hong Kong to Tonga have increased at an annualized rate of 33.4%,  from $396k in 2017 to $1.67M in 2022.

In 2022, Hong Kong did not export any services to Tonga.

Comparison In 2022,  Tonga ranked 215 in total exports ($12.8M), and does not have data regarding Economic Complexity Index. That same year, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Tonga exported $1.08M to Hong Kong. The main products exported from Tonga to Hong Kong were Processed Crustaceans ($1M), Live Fish ($46.9k), and Telephones ($17.1k). During the last 5 years the exports of Tonga to Hong Kong have increased at an annualized rate of 95.2%, from $37.9k in 2017 to $1.08M in 2022.

In 2017, Hong Kong exported $1.67M to Tonga. The main products exported from Hong Kong to Tonga were Broadcasting Equipment ($1.44M), Liquid Dispersing Machines ($82.8k), and Video Displays ($37.8k). During the last 5 years the exports of Hong Kong to Tonga have increased at an annualized rate of 33.4%, from $396k in 2022 to $1.67M in 2017.

Exports from Tonga (Flag) to Hong Kong (Flag) (2022)

Exports from Hong Kong (Flag) to Tonga (Flag) (2022)

Latest Data

Trade between Tonga (Flag) and Hong Kong (Flag)

Hong Kong Exports

Market Competitiveness

Color
Tonga
Top Destination
United States$3.94M
Hong Kong
Top Destination
China$23.4B

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

In 2022, no countries were registered that imported more from Tonga than from Hong Kong.

In 2022, countries that imported more from Hong Kong than Tonga included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

Difference in imports from Hong Kong (Flag) and Tonga (Flag) (2022)

Comparative Advantage Tonga - Hong Kong

Flow
Scale

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

During 2022, Tonga had a large net trade with Hong Kong in the exports of Foodstuffs ($1M), Animal Products ($55.5k), and Machines ($17.1k).

During 2017, Hong Kong had a large net trade with Tonga in the exports of Machines ($1.62M), Instruments ($14k), and Plastics and Rubbers ($9.17k).

Economic Complexity

Competitive Landscape

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

Product Space of Tonga (Flag) and Hong Kong (Flag) (2022)

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