Tonga (TON) and South Korea (KOR) Trade | The Observatory of Economic Complexity

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Tonga-South Korea Trade: In 2022, Tonga exported $839k to South Korea. The main products that Tonga exported to South Korea were Other Vegetables ($752k), Industrial Fatty Acids, Oils and Alcohols ($79.1k), and Processed Crustaceans ($6.69k). Over the past 5 years the exports of Tonga to South Korea have decreased at an annualized rate of 24.1%, from $3.34M in 2017 to $839k in 2022.

In 2022, Tonga did not export any services to South Korea.

South Korea-Tonga Trade: In 2022, South Korea exported $191k to Tonga. The main products that South Korea exported to Tonga were Flavored Water ($66.5k), Brochures ($46.5k), and X-Ray Equipment ($32.2k). Over the past 5 years the exports of South Korea to Tonga have decreased at an annualized rate of 4.37%, from $327k in 2017 to $191k in 2022.

In 2022, South Korea 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, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Tonga exported $839k to South Korea. The main products exported from Tonga to South Korea were Other Vegetables ($752k), Industrial Fatty Acids, Oils and Alcohols ($79.1k), and Processed Crustaceans ($6.69k). During the last 5 years the exports of Tonga to South Korea have decreased at an annualized rate of 24.1%, from $3.34M in 2017 to $839k in 2022.

In 2017, South Korea exported $191k to Tonga. The main products exported from South Korea to Tonga were Flavored Water ($66.5k), Brochures ($46.5k), and X-Ray Equipment ($32.2k). During the last 5 years the exports of South Korea to Tonga have decreased at an annualized rate of 4.37%, from $327k in 2022 to $191k in 2017.

Exports from Tonga () to South Korea () (2022)

Exports from South Korea () to Tonga () (2022)

Latest Data

Trade between Tonga () and South Korea ()

South Korea Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Tonga
Top DestinationUnited States$3.94M

South Korea
Top DestinationChina$150B

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

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

In 2022, countries that imported more from South Korea than Tonga included China ($150B), United States ($112B), and Vietnam ($60.7B).

Difference in imports from South Korea () and Tonga () (2022)

Comparative Advantage Tonga - South Korea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Tonga had a large net trade with South Korea in the exports of Vegetable Products ($752k), Chemical Products ($79.1k), and Foodstuffs ($6.69k).

During 2017, South Korea had a large net trade with Tonga in the exports of Foodstuffs ($76.3k), Paper Goods ($46.5k), and Instruments ($32.2k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Tonga () to South Korea () (2022)

Exports from South Korea () to Tonga () (2022)

Latest Data

Trade between Tonga () and South Korea ()

South Korea Exports

Market Competitiveness

Difference in imports from South Korea () and Tonga () (2022)

Comparative Advantage Tonga - South Korea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Tonga () and South Korea () (2022)

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