2022
Flag  
GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
GDP PC 
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 186

About

Italy-Tonga Trade: In 2022, Italy exported $707k to Tonga. The main products that Italy exported to Tonga were N/A. Over the past 5 years the exports of Italy to Tonga have increased at an annualized rate of 77.8%, from $39.8k in 2017 to $707k in 2022.

In 2022, Italy did not export any services to Tonga.

Tonga-Italy Trade: In 2022, Tonga exported $48.6k to Italy. The main products that Tonga exported to Italy were Insulated Wire ($22.2k), Other Plastic Products ($17.8k), and Office Machine Parts ($7.39k). Over the past 5 years the exports of Tonga to Italy have decreased at an annualized rate of 17.6%,  from $128k in 2017 to $48.6k in 2022.

In 2022, Tonga did not export any services to Italy.

Comparison In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29),  and 7 in total exports ($634B). 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, Italy exported $707k to Tonga. There were not main exports from Italy to Tonga in 2022. During the last 5 years the exports of Italy to Tonga have increased at an annualized rate of 77.8%, from $39.8k in 2017 to $707k in 2022.

In 2017, Tonga exported $48.6k to Italy. The main products exported from Tonga to Italy were Insulated Wire ($22.2k), Other Plastic Products ($17.8k), and Office Machine Parts ($7.39k). During the last 5 years the exports of Tonga to Italy have decreased at an annualized rate of 17.6%, from $128k in 2022 to $48.6k in 2017.

Exports from Italy (Flag) to Tonga (Flag) (2022)

Exports from Tonga (Flag) to Italy (Flag) (2022)

Market Competitiveness

Color
Italy
Top Destination
Germany$78.5B
Tonga
Top Destination
United States$3.94M

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

In 2022, countries that imported more from Italy than Tonga included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

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

Difference in imports from Tonga (Flag) and Italy (Flag) (2022)

Comparative Advantage Italy - Tonga

Flow
Scale

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

During 2022, Italy had a large net trade with Tonga in the exports of Transportation ($499k), Chemical Products ($141k), and Foodstuffs ($31.8k).

During 2017, Tonga had a large net trade with Italy in the exports of Machines ($29.5k), Plastics and Rubbers ($17.8k), and Animal Hides ($1.23k).

Economic Complexity

Competitive Landscape

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

Product Space of Italy (Flag) and Tonga (Flag) (2022)

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