2022
Flag  
GDP
$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH
58.2%CURRENT US$
Rnk 42 / 186
2022
Flag
GDP PC 
$82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH
49.1%CURRENT US$
Rnk 37 / 186

About

Singapore-Tonga Trade: In 2022, Singapore exported $2.53M to Tonga. The main products that Singapore exported to Tonga were Refined Petroleum ($608k), Cranes ($236k), and Palm Oil ($181k). Over the past 5 years the exports of Singapore to Tonga have decreased at an annualized rate of 1.7%, from $2.76M in 2017 to $2.53M in 2022.

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

Tonga-Singapore Trade: In 2022, Tonga exported $53.1k to Singapore. The main products that Tonga exported to Singapore were Scrap Iron ($37.8k), Processed Crustaceans ($9.4k), and Knit T-shirts ($4.02k). Over the past 5 years the exports of Tonga to Singapore have increased at an annualized rate of 46.9%,  from $7.75k in 2017 to $53.1k in 2022.

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

Comparison In 2022,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.68),  and 21 in total exports ($379B). 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, Singapore exported $2.53M to Tonga. The main products exported from Singapore to Tonga were Refined Petroleum ($608k), Cranes ($236k), and Palm Oil ($181k). During the last 5 years the exports of Singapore to Tonga have decreased at an annualized rate of 1.7%, from $2.76M in 2017 to $2.53M in 2022.

In 2017, Tonga exported $53.1k to Singapore. The main products exported from Tonga to Singapore were Scrap Iron ($37.8k), Processed Crustaceans ($9.4k), and Knit T-shirts ($4.02k). During the last 5 years the exports of Tonga to Singapore have increased at an annualized rate of 46.9%, from $7.75k in 2022 to $53.1k in 2017.

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

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

Latest Data

Trade between Singapore (Flag) and Tonga (Flag)

Singapore Exports

Market Competitiveness

Color
Singapore
Top Destination
Hong Kong$51.6B
Tonga
Top Destination
United States$3.94M

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

In 2022, countries that imported more from Singapore than Tonga included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

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

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

Comparative Advantage Singapore - Tonga

Flow
Scale

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

During 2022, Singapore had a large net trade with Tonga in the exports of Machines ($1.01M), Mineral Products ($608k), and Chemical Products ($220k).

During 2017, Tonga had a large net trade with Singapore in the exports of Metals ($37.8k), Foodstuffs ($9.4k), and Textiles ($4.02k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with