Overview This page contains the latest international trade data for Espírito Santo. In December 2021 Espírito Santo was the number 12 in total exports and the number 8 in total imports.

Exports In 2020, Brazil's Espírito Santo exported $5.13B, making it the 12th largest exporter out of the 27 exporters in Brazil. In 2020 the top exports of Espírito Santo were Iron ore, concentrate, not iron pyrites,... ($1.15B), Chem wood pulp, soda/sulphate, non-conifer, bleached ($592M), Coffee, not roasted, not decaffeinated ($576M), Petroleum oils, oils from bituminous minerals,... ($567M), and Worked granite ($374M).

Imports In 2020, Brazil's Espírito Santo imported $6.23B, making it the 8th largest importer out of the 27 importers in Brazil. In 2020 top imports of Espírito Santo were Tubing,flexible, with/without fittings, iron or steel ($904M), Bituminous coal, not agglomerated ($411M), Communication apparatus (excluding telephone sets or... ($386M), Fixed wing aircraft, unladen weight >... ($352M), and Fixed wing aircraft, unladen weight 2,000-15,000... ($322M).

Economic Complexity In 2020, the highest complexity exports of Espírito Santo according to the product complexity index (PCI) are Flat Flat-Rolled Steel (1.47), Steel Ingots (0.87), Hot-Rolled Iron (0.49), Hydrogen peroxide (0.31), and Chocolate (0.11). 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 (2020): United States, $1.64B

Top Product (2020): Iron ore, concentrate, not iron pyrites,..., $1.15B

In 2020 the top export destinations of Espírito Santo were United States ($1.64B), China ($654M), Malaysia ($332M), Netherlands ($252M), and Canada ($183M).

In 2020 the top exports of Espírito Santo were Iron ore, concentrate, not iron pyrites,... ($1.15B), Chem wood pulp, soda/sulphate, non-conifer, bleached ($592M), Coffee, not roasted, not decaffeinated ($576M), Petroleum oils, oils from bituminous minerals,... ($567M), and Worked granite ($374M).

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Exports Dynamics

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Fastest Growing Exports Destination (Dec 2020 - Dec 2021)

Rapidly Declining Export Origins (Dec 2020 - Dec 2021)

Yearly Imports

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Top Origin (2020): Brazil, $1.2B

Top Import (2020): Tubing,flexible, with/without fittings, iron or steel, $904M

In 2020 the top import origins of Espírito Santo were Brazil ($1.2B), China ($1.13B), United States ($741M), Argentina ($410M), and Canada ($244M).

In 2020 the top imports of Espírito Santo were Tubing,flexible, with/without fittings, iron or steel ($904M), Bituminous coal, not agglomerated ($411M), Communication apparatus (excluding telephone sets or... ($386M), Fixed wing aircraft, unladen weight >... ($352M), and Fixed wing aircraft, unladen weight 2,000-15,000... ($322M).

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Imports Dynamics

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Fastest Growing Import Origins (Dec 2020 - Dec 2021)

Rapidly Declining Import Origins (Dec 2020 - Dec 2021)

Economic Complexity

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Economic Complexity of Brazil

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Economic Complexity (2020): -0.54

Espírito Santo ranks 7th 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 7th 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 Ferroalloys (0.04), Soybeans (0.039), Other Vegetable Products (0.038), Petroleum Gas (0.038), and Raw Aluminium (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), Steel Ingots (0.87), Hot-Rolled Iron (0.49), Hydrogen peroxide (0.31), and Chocolate (0.11). 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 (219.7), Flexible Metal Tubing (191.7), Quartz (169.8), Granite (134.4), and Steel Ingots (127.0).

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.