Amazonas | The Observatory of Economic Complexity

Amazonas

State in Brazil

2023
Economic
Complexity -0.27Rank 6 of 23

Oct 2024
Trade
Exports | Imports $56.4M | $1.38B22 of 28 | 6 of 28

Oct 2024
Country
Destination | Origin Germany | China $14.3M | $552M

Image 1

Image by Henri Bergius
Link: https://flic.kr/p/7Hc17g

Latest Trends
Historical Data
Economic Complexity

About

Overview This page contains the latest international trade data for Amazonas. In October 2024 Amazonas was the number 20 in total exports and the number 7 in total imports in Brazil.

Exports In 2023, Brazil's Amazonas exported $904M, making it the 20th largest exporter out of the 27 exporters in Brazil. In 2023 the top exports of Amazonas were Food preparations nes ($192M), Motorcycles, Spark ignition 50-250 cc ($111M), Light petroleum distillates nes ($108M), Semi-Manufactured Non-Monetary Gold ($78.4M), and Ferro-niobium ($75M).

Imports In 2023, Brazil's Amazonas imported $14.2B, making it the 7th largest importer out of the 27 importers in Brazil. In 2023 top imports of Amazonas were Processor-Controller Integrated Circuits ($1.55B), Media, recorded; n.e.s. in heading no.... ($969M), Light petroleum distillates nes ($907M), Other Integrated Circuits (n.e.c.) ($567M), and Communication apparatus parts, excluding aerials ($558M).

Economic Complexity In 2023, the highest complexity exports of Amazonas according to the product complexity index (PCI) are Razor Blades (N/A), Transmissions (1.51), Telephones (1.24), Thermostats (1.1), Engine Parts (0.67), Utility Meters (0.56), Motorcycles and cycles (0.53), Shaving Products (0.21), Other Edible Preparations (0.063), and Tin Ores (N/A). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Latest Trends

October, 2024

About

Overview In October 2024 Amazonas exported $56.4M and imported $1.38B, resulting in a negative trade balance of $1.32B. Between October 2023 and October 2024 the exports of Amazonas have increased by $11.6M (25.8%) from $44.9M to $56.4M, while imports increased by $774M (128%) from $604M to $1.38B.

Trade In October 2024, the top exports of Amazonas were Other Edible Preparations ($18.9M), Gold ($14.3M), Ferroalloys ($6.37M), Motorcycles and cycles ($3.02M), and Razor Blades ($2.02M). In October 2024 the top imports of Amazonas were Integrated Circuits ($250M), Refined Petroleum ($175M), Sound Recordings ($138M), Air Conditioners ($67.2M), and Telephones ($60.2M).

Destinations In October 2024, Amazonas exported mostly to Germany ($14.3M), Venezuela ($6.94M), China ($5.92M), Uruguay ($5.88M), and Bolivia ($4.97M), and imported mostly from China ($552M), United States ($148M), Russia ($116M), Vietnam ($109M), and South Korea ($78.3M).

Growth In October 2024, the increase in Amazonas's year-by-year exports was explained primarily by an increase in exports to Germany ($6.56M or 84.4%), China ($5.61M or 1.82k%), and Uruguay ($4.7M or 399%), and product exports increase in Gold ($6.61M or 85.9%), Other Edible Preparations ($5.8M or 44.2%), and Pens ($863k or 137%). In October 2024, the increase in Amazonas's year-by-year imports was explained primarily by an increase in imports from China ($374M or 210%), Russia ($110M or 2k%), and United States ($43.9M or 42.3%), and product imports increase in Refined Petroleum ($138M or 364%), Sound Recordings ($122M or 780%), and Air Conditioners ($58.6M or 682%).

Latest Data

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

Product

EXPORT GROWTH (October 2023 - October 2024)$11.6M(25.8%)

IMPORT GROWTH (October 2023 - October 2024)$774M(128%)

This section shows exports and imports data at subnational level for Amazonas. Click any date in the line plot, any subnational region in the geomap, or any product, destination or origin country to explore the exports or imports behavior of Amazonas over time.

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Historical Data

Yearly Exports

Color

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

Year

Top Destination (2023)Colombia$103M

Top Product (2023)Food preparations nes$192M

In 2023 the top export destinations of Amazonas were Colombia ($103M), Argentina ($98M), Venezuela ($96.7M), Germany ($81.5M), and China ($76.6M).

In 2023 the top exports of Amazonas were Food preparations nes ($192M), Motorcycles, Spark ignition 50-250 cc ($111M), Light petroleum distillates nes ($108M), Semi-Manufactured Non-Monetary Gold ($78.4M), and Ferro-niobium ($75M).

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Exports Dynamics

Starting Date

Ending Date

Fastest Growing Exports Destination (Oct 2023 - Oct 2024)

Germany $6.56M (84.4%)

China $5.61M (1.82k%)

Uruguay $4.7M (399%)

Rapidly Declining Export Origins (Oct 2023 - Oct 2024)

Argentina -$6.96M (-75.1%)

Venezuela -$2.36M (-25.4%)

Bolivia -$1.7M (-25.5%)

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Yearly Imports

Color

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

Year

Top Origin (2023)China$4.79B

Top Import (2023)Processor-Controller Integrated Circuits$1.55B

In 2023 the top import origins of Amazonas were China ($4.79B), United States ($1.31B), Vietnam ($1.01B), South Korea ($910M), and Chinese Taipei ($713M).

In 2023 the top imports of Amazonas were Processor-Controller Integrated Circuits ($1.55B), Media, recorded; n.e.s. in heading no.... ($969M), Light petroleum distillates nes ($907M), Other Integrated Circuits (n.e.c.) ($567M), and Communication apparatus parts, excluding aerials ($558M).

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Imports Dynamics

Starting Date

Ending Date

Fastest Growing Import Origins (Oct 2023 - Oct 2024)

China $374M (210%)

Russia $110M (2k%)

United States $43.9M (42.3%)

Rapidly Declining Import Origins (Oct 2023 - Oct 2024)

Belgium -$4.96M (-21.6%)

Philippines -$1.76M (-40.1%)

Saudi Arabia -$1.41M (-51.7%)

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Economic Complexity

Economic Complexity of Amazonas

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Geomap

Treemap

Economic Complexity (2023)-0.27

Amazonas ranks 6th out of the 27 states in Brazil according to ECI.

The Economic Complexity Index, or ECI, is a measure of an economy’s capacity which can be inferred from data connecting locations to the activities that are present in them. For more info about Economic Complexity, visit the Economic Complexity page.

Estimated using exports data.

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Economic Complexity Ranking

Value

Ranking

Value

The economic complexity of a territory can change year to year. Amazonas it is in position 6th considering its ECI in the last year.

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Export Opportunities by Relatedness

The top export opportunities according to the relatedness level, without considering those products were Amazonas already has a comparative advantage, are led by Palm Oil (0.081), Cocoa Beans (0.078), Tropical Fruits (0.076), Other Oily Seeds (0.075), and Other Edible Animal Products (0.075).

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Most Complex Products by PCI

The highest complexity exports of Amazonas according to the product complexity index (PCI) are Razor Blades (N/A), Transmissions (1.51), Telephones (1.24), Thermostats (1.1), Engine Parts (0.67), Utility Meters (0.56), Motorcycles and cycles (0.53), Shaving Products (0.21), Other Edible Preparations (0.063), and Tin Ores (N/A). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

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Most Specialized Products by RCA Index

The most specialized products according to the RCA index are led by Razor Blades (147.54), Other Edible Preparations (81.19), Motorcycles and cycles (78.11), Tin Ores (68.57), and Malt Extract (41.43).

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Product Space

RCA Filter

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since Amazonas is more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.

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Relatedness Space

This network shows the products most related to the production structure of Amazonas. These are products that tend to be co-exported with the products that Amazonas exports. Higher relatedness values indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

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Diversification Frontier

Depth

Section

HS2

HS4

Filter

All

RCA≤1

RCA>1

The Complexity-Relatedness diagram compares the risk and the strategic value of a territory's potential export oppotunities. Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions. Bubble size corresponds to exports value by year 2020.