2022
Flag  
GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
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GDP GROWTH
37%CURRENT US$
Rnk 89 / 186
2022
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GDP PC 
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
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GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 186

About

Hong Kong-Tonga In 2022, Hong Kong exported $1.67M to Tonga. The main products that Hong Kong exported to Tonga are Broadcasting Equipment ($1.44M), Liquid Dispersing Machines ($82.8k), and Video Displays ($37.8k). During the last 27 years the exports of Hong Kong to Tonga have increased at an annualized rate of 4.97%, from $452k in 1995 to $1.67M in 2022.

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

Tonga-Hong Kong 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). During the last 27 years the exports of Tonga to Hong Kong have increased at an annualized rate of 0.35%, from $980k in 1995 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 27 years the exports of Hong Kong to Tonga have increased at an annualized rate of 4.97%, from $452k in 1995 to $1.67M in 2022.

In 2022, 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 27 years the exports of Tonga to Hong Kong have increased at an annualized rate of 0.35%, from $980k in 1995 to $1.08M in 2022.

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 2021, countries that imported more from Hong Kong than Tonga were China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

In 2019, 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 2022, 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 show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Hong Kong has comparative advantage over Tonga. Similarly, the more yellow a dot/product is, the more Tonga has comparative advantage over Hong Kong.

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

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