Overview This page contains the latest international trade data for Espírito Santo. In April 2023 Espírito Santo was the number 11 in total exports and the number 9 in total imports in Brazil.

Exports In 2022, Brazil's Espírito Santo exported $9.13B, making it the 11th largest exporter out of the 27 exporters in Brazil. In 2022 the top exports of Espírito Santo were Iron ore, concentrate, not iron pyrites,... ($2.7B), Semi-finished bars, iron or non-alloy steel... ($1.22B), Petroleum oils, oils from bituminous minerals,... ($970M), Chem wood pulp, soda/sulphate, non-conifer, bleached ($685M), and Coffee, not roasted, not decaffeinated ($577M).

Imports In 2022, Brazil's Espírito Santo imported $9.49B, making it the 9th largest importer out of the 27 importers in Brazil. In 2022 top imports of Espírito Santo were Bituminous coal, not agglomerated ($1.79B), Diesel Trucks < 5 tonnes ($698M), Fixed wing aircraft, unladen weight 2,000-15,000... ($508M), Waste or scrap, aluminium ($269M), and Anthracite, not agglomerated ($256M).

Economic Complexity In 2022, the highest complexity exports of Espírito Santo according to the product complexity index (PCI) are Steel Ingots (0.46), Sulfate Chemical Woodpulp (-0.39), Semi-Finished Iron (-0.83), Building Stone (-1), Quartz (-1.01), Pig Iron (-1.18), Coffee (-1.42), Granite (-1.46), Pepper (-1.73), and Iron Ore (-1.94). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Historical Data

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Yearly Exports

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Top Destination (2022): United States, $2.85B

Top Product (2022): Iron ore, concentrate, not iron pyrites,..., $2.7B

In 2022 the top export destinations of Espírito Santo were United States ($2.85B), Malaysia ($838M), Argentina ($560M), China ($378M), and Egypt ($371M).

In 2022 the top exports of Espírito Santo were Iron ore, concentrate, not iron pyrites,... ($2.7B), Semi-finished bars, iron or non-alloy steel... ($1.22B), Petroleum oils, oils from bituminous minerals,... ($970M), Chem wood pulp, soda/sulphate, non-conifer, bleached ($685M), and Coffee, not roasted, not decaffeinated ($577M).

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Exports Dynamics

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Fastest Growing Exports Destination (Apr 2022 - Apr 2023)

Rapidly Declining Export Origins (Apr 2022 - Apr 2023)

Yearly Imports

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Top Origin (2022): China, $2.16B

Top Import (2022): Bituminous coal, not agglomerated, $1.79B

In 2022 the top import origins of Espírito Santo were China ($2.16B), United States ($1.4B), Australia ($1.19B), Argentina ($899M), and Germany ($397M).

In 2022 the top imports of Espírito Santo were Bituminous coal, not agglomerated ($1.79B), Diesel Trucks < 5 tonnes ($698M), Fixed wing aircraft, unladen weight 2,000-15,000... ($508M), Waste or scrap, aluminium ($269M), and Anthracite, not agglomerated ($256M).

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Imports Dynamics

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Fastest Growing Import Origins (Apr 2022 - Apr 2023)

Rapidly Declining Import Origins (Apr 2022 - Apr 2023)

Economic Complexity

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Economic Complexity of Espírito Santo

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Economic Complexity (2022): -0.57

Espírito Santo ranks 9th 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

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The economic complexity of a territory can change year to year. Espírito Santo it is in position 9th considering its ECI in the last year.

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Export Opportunities by Relatedness

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The top export opportunities according to the relatedness level, without considering those products were Espírito Santo already has a comparative advantage, are led by Ammonia (0.043), Dried Legumes (0.041), Rice (0.037), Raw Aluminium (0.037), and Ground Nut Oil (0.037).

Most Complex Products by PCI

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The highest complexity exports of Espírito Santo according to the product complexity index (PCI) are Steel Ingots (0.46), Sulfate Chemical Woodpulp (-0.39), Semi-Finished Iron (-0.83), Building Stone (-1), Quartz (-1.01), Pig Iron (-1.18), Coffee (-1.42), Granite (-1.46), Pepper (-1.73), and Iron Ore (-1.94). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Most Specialized Products by RCA Index

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The most specialized products according to the RCA index are led by Building Stone (158.8), Quartz (137.4), Steel Ingots (115.9), Semi-Finished Iron (88.0), and Granite (86.4).

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 Espírito Santo 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

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

Diversification Frontier

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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.