CearáState in Brazil
Exports (2019): $2.28B, Rnk 14/27
Top Destination (2019): $1.01B, United States
Top Export (2019): $1.02B, Semi-finished bars, iron or non-alloy steel...
Imports (2019): $2.36B, Rnk 14/27
Top Origin (2019): $702M, United States
Top Import (2019): $411M, Bituminous coal, not agglomerated
Economic Complexity (2019): -0.86, Rnk 14 / 27
Exports: In 2019, Brazil's Ceará exported $2.28B, making it the 14th largest exporter out of the 27 exporters in Brazil. In 2019 the top exports of Ceará were Semi-finished bars, iron or non-alloy steel... ($1.02B), Parts for electric motors and generators ($183M), Nuts, edible: cashew nuts, fresh or... ($99.5M), Footwear, rubber, plastic, straps fix to... ($79.3M), and Semi-finished products of alloy steel except... ($78.8M).
Imports: In 2019, Brazil's Ceará imported $2.36B, making it the 14th largest importer out of the 27 importers in Brazil. In 2019 top imports of Ceará were Bituminous coal, not agglomerated ($411M), Cereals: wheat and meslin, other than... ($218M), Light petroleum distillates nes ($173M), Petroleum spirit for motor vehicles ($162M), and Natural gas, liquefied ($123M).
Economic Complexity: In 2019, the highest complexity exports of Ceará according to the product complexity index (PCI) are Steel Ingots (0.7), Electric Motor Parts (0.58), Mill Machinery (0.52), Iron Stovetops (0.44), and Metal Stoppers (0.26). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Top Destination (2019): United States, $1.01B
Top Product (2019): Semi-finished bars, iron or non-alloy steel..., $1.02B
In 2019 the top export destinations of Ceará were United States ($1.01B), Mexico ($169M), South Korea ($129M), Italy ($122M), and Germany ($65.4M).
In 2019 the top exports of Ceará were Semi-finished bars, iron or non-alloy steel... ($1.02B), Parts for electric motors and generators ($183M), Nuts, edible: cashew nuts, fresh or... ($99.5M), Footwear, rubber, plastic, straps fix to... ($79.3M), and Semi-finished products of alloy steel except... ($78.8M).
Fastest Growing Exports Destination (May 2019 - May 2020)
Rapidly Declining Export Origins (May 2019 - May 2020)
Top Origin (2019): United States, $702M
Top Import (2019): Bituminous coal, not agglomerated, $411M
In 2019 the top import origins of Ceará were United States ($702M), China ($414M), Argentina ($183M), Colombia ($131M), and Russia ($80.2M).
In 2019 the top imports of Ceará were Bituminous coal, not agglomerated ($411M), Cereals: wheat and meslin, other than... ($218M), Light petroleum distillates nes ($173M), Petroleum spirit for motor vehicles ($162M), and Natural gas, liquefied ($123M).
This section shows differences between total trade from Ceará throughout time.
The states of Brazil with the highest exports in 2019 were São Paulo ($48.9B), Rio De Janeiro ($28.6B), Minas Gerais ($25.1B), Rio Grande Do Sul ($18.5B), and Pará ($17.8B)
The states of Brazil with the highest imports in 2019 were São Paulo ($59.3B), Rio De Janeiro ($21.2B), Santa Catarina ($16.9B), Paraná ($12.7B), and Amazonas ($10.2B)
This section shows forecasts for total exports and imports from Ceará. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.
Ceará ranks 14th out of the 27 states in Brazil according to ECI.
Estimated using exports data.
The economic complexity of a territory can change year to year. Ceará it is in position 14th considering its ECI in the last year.
The top export opportunities according to the relatedness level, without considering those products were Ceará already has a comparative advantage, are led by Tropical Fruits (0.076), Raw Sugar (0.074), Other Oily Seeds (0.069), Pepper (0.069), and Knit T-shirts (0.068).
The highest complexity exports of Ceará according to the product complexity index (PCI) are Steel Ingots (0.7), Electric Motor Parts (0.58), Mill Machinery (0.52), Iron Stovetops (0.44), and Metal Stoppers (0.26). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
The most specialized products according to the RCA index are led by Leather of Other Animals (350), Semi-Finished Iron (309), Tar (177), Steel Ingots (154), and Melons (104).
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 Ceará 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.
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.
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