Net trade in goods in Tonga
Tonga: Net trade in goods was -220.99 million BoP, current US$ in 2024. ◆ Volatile
Net trade in goods in Tonga, 1971–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, net trade in goods in Tonga stood at -220.99 million BoP, current US$. That is the lowest value across all 48 years on record.
That represents a change of down 0.2% on the previous year and down 30.1% over ten years.
Over the whole period, net trade in goods in Tonga peaked at -2.49 million BoP, current US$ in 1971 and was at its lowest, -220.99 million BoP, current US$, in 2024.
That places Tonga 81st out of 199 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -8.72 million BoP, current US$ | -16.87 million BoP, current US$ | -2.49 million BoP, current US$ | 9 |
| 1980s | -29.43 million BoP, current US$ | -38.11 million BoP, current US$ | -19.83 million BoP, current US$ | 10 |
| 1990s | -40.81 million BoP, current US$ | -48.73 million BoP, current US$ | -36.44 million BoP, current US$ | 5 |
| 2000s | -100.86 million BoP, current US$ | -178.23 million BoP, current US$ | -55.33 million BoP, current US$ | 9 |
| 2010s | -182.85 million BoP, current US$ | -205.64 million BoP, current US$ | -167.60 million BoP, current US$ | 10 |
| 2020s | -206.70 million BoP, current US$ | -220.99 million BoP, current US$ | -191.26 million BoP, current US$ | 5 |
Countries ranked near Tonga
- 78 Mozambique -163.86 million BoP, current US$ compare
- 79 Guinea-Bissau -184.10 million BoP, current US$ compare
- 80 Liberia -202.06 million BoP, current US$ compare
- 82 Dominica -244.81 million BoP, current US$ compare
- 83 Kiribati -253.03 million BoP, current US$ compare
- 84 Slovakia -261.32 million BoP, current US$ compare
More economy & growth data for Tonga
- Manufacturing, value added 63.22 million constant LCU (2024)
- Households and NPISHs final consumption expenditure 96.2% (2024)
- Final consumption expenditure 775.34 million current US$ (2024)
- Final consumption expenditure 1.84 billion current LCU (2024)
- Final consumption expenditure 642.46 million constant 2015 US$ (2024)
- Final consumption expenditure 0.9% (2024)
- Manufacturing, value added 5.5% (2024)
- Final consumption expenditure 119.7% (2024)
- Exports of goods and services 109.42 million current US$ (2024)
- Gross national expenditure 146.1% (2024)
Frequently asked questions
- What is net trade in goods in Tonga?
- Net trade in goods in Tonga was -220.99 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods recorded in Tonga?
- The highest recorded value was -2.49 million BoP, current US$ in 1971.
- What is the lowest net trade in goods recorded in Tonga?
- The lowest recorded value was -220.99 million BoP, current US$ in 2024.
- How does Tonga rank for net trade in goods?
- Tonga ranks 81st out of 199 countries with data for 2024.
- Is net trade in goods rising or falling in Tonga?
- Over the last ten years it is down 30.1%. The long-run trend across the full record is volatile.
- Where does this Tonga data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
The balance of international trade in goods is the difference between the exports and imports of goods. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.