Ceará

State 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.

Value
Depth

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).

Export Dynamics

#permalink to section

Fastest Growing Exports Destination (May 2019 - May 2020)

Rapidly Declining Export Origins (May 2019 - May 2020)

Value
Depth

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).

Import Dynamics

#permalink to section

Fastest Growing Import Origins (May 2019 - May 2020)

Rapidly Declining Import Origins (May 2019 - May 2020)

Comparison in Time

#permalink to section
Flow
Value

This section shows differences between total trade from Ceará throughout time.

Comparison Map

#permalink to section
Value

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.

Explore Forecasts

Economic Complexity

#permalink to section

Economic Complexity of Brazil

#permalink to section

Ceará ranks 14th out of the 27 states in Brazil according to ECI.

Estimated using exports data.

Economic Complexity Ranking

#permalink to section
Scale

The economic complexity of a territory can change year to year. Ceará it is in position 14th considering its ECI in the last year.

Export Opportunities by Relatedness

#permalink to section

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).

Most Complex Products by PCI

#permalink to section

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.

Most Specialized Products by RCA Index

#permalink to section

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.

Relatedness Space

#permalink to section

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

Diversification Frontier

#permalink to section
Filter
Depth

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.