Espírito Santo

State in Brazil

Exports (2021): $476M, Rnk 10/27

Top Destination (2021): $155M, United States

Top Export (2021): $97.9M, Iron ore, concentrate, not iron pyrites,...

Imports (2021): $439M, Rnk 10/27

Top Origin (2021): $142M, China

Top Import (2021): $36.6M, Bituminous coal, not agglomerated

Economic Complexity (2019): -0.52, Rnk 8 / 27

Overview: This page contains the latest international trade data for Espírito Santo, including export and import data.

Exports: In 2021, Brazil's Espírito Santo exported $476M, making it the 10th largest exporter out of the 27 exporters in Brazil. In 2021 the top exports of Espírito Santo were Iron ore, concentrate, not iron pyrites,... ($97.9M), Petroleum oils, oils from bituminous minerals,... ($71.7M), Semi-finished bars, iron or non-alloy steel... ($62.6M), Coffee, not roasted, not decaffeinated ($48.6M), and Chem wood pulp, soda/sulphate, non-conifer, bleached ($40.3M).

Imports: In 2021, Brazil's Espírito Santo imported $439M, making it the 10th largest importer out of the 27 importers in Brazil. In 2021 top imports of Espírito Santo were Bituminous coal, not agglomerated ($36.6M), Communication apparatus (excluding telephone sets or... ($34.1M), Fixed wing aircraft, unladen weight 2,000-15,000... ($17.6M), Malt, not roasted ($15.5M), and Tubing,flexible, with/without fittings, iron or steel ($10.8M).

Economic Complexity: In 2019, the highest complexity exports of Espírito Santo according to the product complexity index (PCI) are Flat Flat-Rolled Steel (1.47), Artificial Graphite (1.08), Steel Ingots (0.87), Precious Metal Compounds (0.51), and Hot-Rolled Iron (0.49). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Yearly Exports

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Value
Depth

Top Destination (2021): United States, $155M

Top Product (2021): Iron ore, concentrate, not iron pyrites,..., $97.9M

In 2021 the top export destinations of Espírito Santo were United States ($155M), Singapore ($46.1M), Canada ($44.5M), Malaysia ($25.7M), and Argentina ($23.3M).

In 2021 the top exports of Espírito Santo were Iron ore, concentrate, not iron pyrites,... ($97.9M), Petroleum oils, oils from bituminous minerals,... ($71.7M), Semi-finished bars, iron or non-alloy steel... ($62.6M), Coffee, not roasted, not decaffeinated ($48.6M), and Chem wood pulp, soda/sulphate, non-conifer, bleached ($40.3M).

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Exports Dynamics

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Fastest Growing Exports Destination (Jan 2020 - Jan 2021)

Rapidly Declining Export Origins (Jan 2020 - Jan 2021)

Yearly Imports

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Value
Depth

Top Origin (2021): China, $142M

Top Import (2021): Bituminous coal, not agglomerated, $36.6M

In 2021 the top import origins of Espírito Santo were China ($142M), United States ($60.4M), Argentina ($27.5M), Germany ($21.1M), and Italy ($15.8M).

In 2021 the top imports of Espírito Santo were Bituminous coal, not agglomerated ($36.6M), Communication apparatus (excluding telephone sets or... ($34.1M), Fixed wing aircraft, unladen weight 2,000-15,000... ($17.6M), Malt, not roasted ($15.5M), and Tubing,flexible, with/without fittings, iron or steel ($10.8M).

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Imports Dynamics

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Fastest Growing Import Origins (Jan 2020 - Jan 2021)

Rapidly Declining Import Origins (Jan 2020 - Jan 2021)

Comparison in Time

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Flow
Value

This section shows differences between total trade from Espírito Santo throughout time.

Economic Complexity

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Economic Complexity of Brazil

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Espírito Santo ranks 8th out of the 27 N/A in Brazil according to ECI.

Estimated using exports data.

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Economic Complexity Ranking

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Scale

The economic complexity of a territory can change year to year. Espírito Santo it is in position 8th 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 Soybeans (0.043), Copper Ore (0.039), Ground Nuts (0.039), Coconuts, Brazil Nuts, and Cashews (0.038), and Other Vegetable Products (0.038).

Most Complex Products by PCI

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The highest complexity exports of Espírito Santo according to the product complexity index (PCI) are Flat Flat-Rolled Steel (1.47), Artificial Graphite (1.08), Steel Ingots (0.87), Precious Metal Compounds (0.51), and Hot-Rolled Iron (0.49). 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 Steel Ingots (232), Building Stone (132), Flexible Metal Tubing (115), Granite (88), and Special Purpose Ships (85.7).

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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Depth
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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.