Tonga
2020 Product Exports | Imports: $10.2M | $141M, 215 of 226 | 203 of 226
2020 Per Capita Product Exports | Imports: $96.3 | $1.33k, 199 of 219 | 130 of 219
2013 Service Exports | Imports : $27.5M | $79M, 177 of 182 | 173 of 180
Overview In 2020 Tonga was the number 215 economy in the world in terms of total exports and the number 203 in total imports.
Exports The top exports of Tonga are Other Processed Fruits and Nuts ($1.57M), Other Vegetables ($1.48M), Cassava ($1.03M), Coral and Shells ($959k), and Processed Crustaceans ($947k), exporting mostly to United States ($3.12M), New Zealand ($2.08M), Australia ($1.57M), South Korea ($1.31M), and Japan ($543k).
Imports The top imports of Tonga are Poultry Meat ($7.09M), Sheep and Goat Meat ($5.7M), Sawn Wood ($4.01M), Electrical Transformers ($4.01M), and Cars ($3.99M), importing mostly from New Zealand ($51.9M), China ($33.7M), Australia ($12.9M), United States ($11.9M), and Japan ($6.6M).
Location Tonga borders Fiji, New Zealand, Samoa, American Samoa, Niue, and Wallis and Futuna by sea.
Latest Trends
#permalink to sectionLatest Trade
#permalink to sectionThe following section uses the most recent trade data from partners of Tonga.
Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.
*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.
Latest Data
#permalink to sectionThe data obtained is mirror data. The trade of countries that do not report current data can be reconstructed based on data reported by partner countries with current data available.
*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.
Historical Data
#permalink to sectionYearly Trade
#permalink to sectionTop Export (2020): Other Processed Fruits and Nuts, $1.57M
Top Destination (2020): United States, $51.9M
In 2020, Tonga exported a total of $10.2M, making it the number 215 exporter in the world. During the last five reported years the exports of Tonga have changed by -$1.51M from $11.7M in 2015 to $10.2M in 2020.
The most recent exports are led by Other Processed Fruits and Nuts ($1.57M), Other Vegetables ($1.48M), Cassava ($1.03M), Coral and Shells ($959k), and Processed Crustaceans ($947k). The most common destination for the exports of Tonga are United States ($3.12M), New Zealand ($2.08M), Australia ($1.57M), South Korea ($1.31M), and Japan ($543k).
Market Growth
#permalink to sectionService Trade
#permalink to sectionService Trade
#permalink to sectionTonga Exports Services (2013): $27.5M
Tonga Imports Services (2013): $79M
In 2013, Tonga exported $27.5M worth of services. The top services exported by Tonga in 2013 were Transportation ($12M), Other business services ($7.12M), Business travel ($3.05M), Personal, cultural, and recreational services ($2.29M), and Government services, n.i.e. ($1.91M).
The top services imported by Tonga in 2013 were Transportation ($24.7M), Construction services ($18.3M), Other business services ($14.6M), Business travel ($8.72M), and Government services, n.i.e. ($5.36M).
Economic Complexity
#permalink to sectionMost Specialized Products by RCA Index
#permalink to sectionTonga has a high level of specialization in Cassava (663), Vanilla (322), Perfume Plants (242), Melons (220), and Other Vegetables (155). Specialization is measured using RCA, an index that takes the ratio between Tonga observed and expected exports in each product.
Most Complex Products by PCI
#permalink to sectionThe highest complexity exports of Tonga according to the product complexity index (PCI) are Oscilloscopes (1.83), Tensile Testing Machines (1.54), LCDs (1.31), Spark-Ignition Engines (1.02), and High-voltage Protection Equipment (0.68). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Export Opportunities by Relatedness
#permalink to sectionThe top export opportunities for Tonga according to the relatedness index, are Cocoa Beans (0.086), Gold (0.08), Crustaceans (0.076), Tropical Fruits (0.074), and Fish Fillets (0.073). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Tonga is not specialized in.
Product Space
#permalink to sectionThe product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.
Diversification Frontier
#permalink to sectionThe Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.
