Tonga

Tonga ranked No. 194 in total trade value through May with a total of $8.04 million. Exports totaled $6.95 million and Imports totaled $1.09 million, a surplus of $5.86 million.

U.S. trade with Tonga rose to $7.39 million through May

Tonga’s trade with the United States rose to $7.39 million through the first five months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 123.16 percent above its total trade during the same time period last year. U.S. exports to Tonga increased 166.62 percent while U.S. imports from Tonga rose 5.5 percent. The U.S. surplus with Tonga was $5.51 million.

Through May, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Oakland, Calif.; No. 2 Low-Valued Imports and Exports; No. 3 Port of Newark; No. 4 Port of Long Beach; and No. 5 San Francisco International Airport, Calif.. During the same period the previous year, the top five were No. 1 Port of Oakland, Calif.; No. 2 Port of Long Beach; No. 3 Low-Valued Imports and Exports; No. 4 Los Angeles International Airport and No. 5 Honolulu International Airport, Hawaii. In the current time period, the top five accounted for 86.19 percent of Tonga’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Oakland, Calif. rose 107.93 percent to $3.64 million.
    Exports rose 105.2 percent to $3.54 million. Imports rose 265.94 percent to $108,786.
  • Trade with No. 2 Low-Valued Imports and Exports rose 88.05 percent to $1.17 million.
    Exports rose 88.05 percent to $1.17 million. There were no imports.
  • Trade with No. 3 Port of Newark totaled $770,346.
    Exports totaled $770,346. There were no imports.
  • Trade with No. 4 Port of Long Beach rose 0.79 percent to $706,648.
    Exports rose 1.24 percent to $699,123. Imports fell 28.56 percent to $7,525.
  • Trade with No. 5 San Francisco International Airport, Calif. rose 1087.69 percent to $638,206.
    Exports rose 5607.94 percent to $562,118. Imports rose 73.37 percent to $76,088.

Tonga ranked No. 194 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 194.

Meanwhile, total U.S. trade with the world increased to $1.48 trillion, down 64.27 percent compared to the same period last year. The nation’s exports dropped 64.62 percent to $582.11 billion; imports dropped 64.04 percent to $898.44 billion. The nation’s top five countries so far this year, by value, are Canada; Mexico; China; Japan and Germany. The overall trade deficit was $316.33 billion, down compared to the same period of last year when the deficit was $853.23 billion.

The top five U.S. exports to Tonga by value through May were the categories of Chicken and other poultry; Low value shipments; Navigational equipment; General medical equipment; and Prepared foods, beverages, respectively. They accounted for 82.07 percent of total exports to Tonga.

The value of the top five categories of U.S. imports from Tonga –– Coral, shell of mollusks; Fish, fresh or chilled; Plants for pharmacy, perfume, insecticides; Antiques; and Cassava, arrowroot, fresh or dry –– accounted for 80.86 percent of all inbound shipments.

Looking more closely at U.S. exports to Tonga:

  • Chicken and other poultry rose 150.05 percent compared to last year to $3.14 million.
  • Low value shipments rose 88.05 percent compared to last year to $1.17 million.
  • Navigational equipment totaled $770,346. The previous year, there were no exports in this category.
  • General medical equipment totaled $504,000. The previous year, there were no exports in this category.
  • Prepared foods, beverages rose 4.8 percent compared to last year to $125,000.

Looking more closely at U.S. imports from Tonga:

  • Coral, shell of mollusks fell 21.94 percent compared to last year to $267,744.
  • Fish, fresh or chilled fell 52.42 percent compared to last year to $204,259.
  • Plants for pharmacy, perfume, insecticides rose 105.47 percent compared to last year to $171,509.
  • Antiques totaled $133,627. The previous year, there were no imports in this category.
  • Cassava, arrowroot, fresh or dry rose 65.63 percent compared to last year to $102,923.

In the latest annual figures available, Tonga recorded $25.43 million in trade with the United States. Total U.S. exports to Tonga were $ 20.42 million and imports from Tonga were $5 million. The U.S. surplus with Tonga was $15.42 million.