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

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.

Italy-Tonga Trade: In 2022, Italy exported $707k to Tonga. The main products that Italy exported to Tonga were Motor vehicles; parts and accessories (8701 to 8705) ($499k), Hydrogen ($141k), and Sauces and Seasonings ($30.2k). Over the past 5 years the exports of Italy to Tonga have increased at an annualized rate of 50.8%,  from $39.8k in 2017 to $707k in 2022.

In 2022, Italy 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, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 2017 to $48.6k in 2022.

In 2017, Italy exported $707k to Tonga. The main products exported from Italy to Tonga were Motor vehicles; parts and accessories (8701 to 8705) ($499k), Hydrogen ($141k), and Sauces and Seasonings ($30.2k). During the last 5 years the exports of Italy to Tonga have increased at an annualized rate of 50.8%, from $39.8k in 2022 to $707k in 2017.

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

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

Latest Data

Trade between Tonga (Flag) and Italy (Flag)

Italy Exports

Market Competitiveness

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

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

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

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

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

Comparative Advantage Tonga - Italy

Flow
Scale

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

During 2022, 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).

During 2017, Italy had a large net trade with Tonga in the exports of Transportation ($499k), Chemical Products ($141k), and Foodstuffs ($31.8k).

Economic Complexity

Competitive Landscape

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

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

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