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

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.

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 45%,  from $37.9k in 2017 to $1.08M in 2022.

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

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 2017 to $1.67M in 2022.

In 2017, 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 45%, from $37.9k in 2022 to $1.08M in 2017.

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

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

Latest Data

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

Hong Kong Exports

Market Competitiveness

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

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

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

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

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

Comparative Advantage Hong Kong - Tonga

Flow
Scale

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

During 2022, Hong Kong had a large net trade with Tonga in the exports of Machines ($1.62M), Instruments ($14k), and Plastics and Rubbers ($9.17k).

During 2017, Tonga had a large net trade with Hong Kong in the exports of Foodstuffs ($1M), Animal Products ($55.5k), and Machines ($17.1k).

Economic Complexity

Competitive Landscape

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

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

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