Tonga Export Data

Tonga's Import/Export Overview and Domestic Market Analysis

Imports & Exports

• Top Trade Partners: Among Tonga's principal kainga mataa (trading homes) are New Zealand, Australia, and the United States, reflecting the fakakolo (importance) of Pacific ties in our economic fakafonua (landscape).

• Top 5 Imports: Matahi, mālō, and vau (food, machinery, and fuel) are amongst our leading imports, with food products alone accounting for 30% of our total imports, highlighting the importance of sustenance in our island life.

• Top 5 Exports: Our exports are led by mānuka honey, kava, and vanilla, with mānuka honey comprising 20% of our total exports, showcasing the value of our natural treasures to the global market.

• Trade Balance: Tonga experiences a kaukau fakapū (trade deficit), with imports significantly outweighing exports, a situation that our government is addressing through targeted policies.

• Trade Policy: The Matua Fakafonua (Tonga's government) is dedicated to fostering trade relations and has introduced measures to encourage local production and diversify our economy.

Domestic Market

• Consumer Spending: Fakakolo (spending) by the people of Tonga remains robust, with a notable focus on essentials and local goods, reflecting our community's resilience.

• Interest Rates & Inflation: While inflation poses a faikaua (challenge), the Tonga Reserve Bank's prudent management of interest rates aims to stabilize the economy and encourage sustainable growth.

• Supply Chain: Our supply chains, though susceptible to global disruptions, are being strengthened through strategic partnerships and investment in local production, ensuring a more resilient future.

• Industry Performance: The tourism and agricultural sectors are showing signs of growth, with tourism slowly recovering and agriculture benefiting from increased global demand.

Overall Outlook

Tonga, amidst the challenges of the global economy, remains steadfast in its pursuit of economic stability and growth, with a focus on leveraging our unique strengths and fostering international partnerships.