GoiásState in Brazil
2019 Economic Complexity: -0.85, Rank 15 of 25
Feb 2021 Trade Exports | Imports: $364M | $472M, 12 of 28 | 8 of 29
Feb 2021 Country Destination | Origin: China | Argentina , $120M | $190M
Feb 2021 Product Exports | Imports: Frozen Bovine Meat | Electricity , $72.2M | $189M
Overview: This page contains the latest international trade data for Goiás, including export and import data.
Exports: In 2020, Brazil's Goiás exported $8.12B, making it the 9th largest exporter out of the 27 exporters in Brazil. In 2020 the top exports of Goiás were Soya beans: other than seed, whether... ($2.5B), Bovine cuts boneless, frozen ($1.07B), Soya-bean oil-cake and other solid residues ($678M), Maize except seed corn ($653M), and Ferro-nickel ($503M).
Imports: In 2020, Brazil's Goiás imported $3.32B, making it the 11th largest importer out of the 27 importers in Brazil. In 2020 top imports of Goiás were Blood, human or animal, antisera, other... ($683M), Medicaments nes, in dosage ($262M), Potassium chloride, in packs >10 kg ($235M), Urea, including aqueous solution in packs... ($162M), and Monoammonium phosphate & mix with diammonium,... ($99.6M).
Economic Complexity: In 2019, the highest complexity exports of Goiás according to the product complexity index (PCI) are Liquid Dispersing Machines (0.92), Harvesting Machinery (0.87), Quaternary Ammonium Salts and Hydroxides (0.71), Poultry Meat (-0.054), and Gelatin (-0.17). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Overview: In February 2021 Goiás exported $364M and imported $472M, resulting in a negative trade balance of $108M. Between February 2020 and February 2021 the exports of Goiás have decreased by $-69.3M (-16%) from $433M to $364M, while imports increased by $209M (79.3%) from $263M to $472M.
Trade: In February 2021, the top exports of Goiás were Frozen Bovine Meat ($72.2M), Ferroalloys ($62M), Soybeans ($50.8M), Poultry Meat ($28.5M), and Gold ($23.8M). In February 2021 the top imports of Goiás were Electricity ($189M), Blood, antisera, vaccines, toxins and cultures ($77.9M), Nitrogenous Fertilizers ($33.9M), Vehicle Parts ($22M), and Potassic Fertilizers ($15.7M).
Destinations: In February 2021, Goiás exported mostly to China ($120M), United States ($27.6M), India ($13M), Indonesia ($12.9M), and United Kingdom ($11.1M), and imported mostly from Argentina ($190M), China ($39.1M), United States ($34.7M), Germany ($25.7M), and Ireland ($25M).
Growth: In February 2021, the decrease in Goiás's year-by-year exports was explained primarily by an decrease in exports to China ($-52.3M or -30.4%), Spain ($-33.9M or -93.9%), and Netherlands ($-24.9M or -76.2%), and product exports decrease in Soybeans ($-66.6M or -56.7%), Soybean Meal ($-16.9M or -55.5%), and Ferroalloys ($-7.99M or -11.4%). In February 2021, the increase in Goiás's year-by-year imports was explained primarily by an increase in imports from Argentina ($184M or 3.21k%), Ireland ($16M or 176%), and Qatar ($10.9M or 433%), and product imports increase in Electricity ($188M or 23.6k%), Blood, antisera, vaccines, toxins and cultures ($21.1M or 37.3%), and Mixed Mineral or Chemical Fertilizers ($5.54M or 91%).
EXPORT GROWTH (February 2020 - February 2021): $-69.3M, (-16%)
IMPORT GROWTH (February 2020 - February 2021): $209M, (79.3%)
This section shows exports and imports data at subnational level for Goiás. Click any date in the line plot, any subnational region in the geomap, or any product, destination or origin country to explore the exports or imports behavior of Goiás over time.
This section shows the differences between Goiás's total subnational aggregate trade throughout time. To explore the trade patterns of the country, visit Brazil's country profile.
Top Destination (2020): China, $3.56B
Top Product (2020): Soya beans: other than seed, whether..., $2.5B
In 2020 the top export destinations of Goiás were China ($3.56B), Spain ($357M), Netherlands ($273M), United States ($271M), and South Korea ($227M).
In 2020 the top exports of Goiás were Soya beans: other than seed, whether... ($2.5B), Bovine cuts boneless, frozen ($1.07B), Soya-bean oil-cake and other solid residues ($678M), Maize except seed corn ($653M), and Ferro-nickel ($503M).
Fastest Growing Exports Destination (Feb 2020 - Feb 2021)
Rapidly Declining Export Origins (Feb 2020 - Feb 2021)
Top Origin (2020): China, $470M
Top Import (2020): Blood, human or animal, antisera, other..., $683M
In 2020 the top import origins of Goiás were China ($470M), United States ($392M), Germany ($380M), Switzerland ($205M), and Argentina ($165M).
In 2020 the top imports of Goiás were Blood, human or animal, antisera, other... ($683M), Medicaments nes, in dosage ($262M), Potassium chloride, in packs >10 kg ($235M), Urea, including aqueous solution in packs... ($162M), and Monoammonium phosphate & mix with diammonium,... ($99.6M).
Goiás ranks 15th out of the 27 N/A in Brazil according to ECI.
Estimated using exports data.
The economic complexity of a territory can change year to year. Goiás it is in position 15th considering its ECI in the last year.
The top export opportunities according to the relatedness level, without considering those products were Goiás already has a comparative advantage, are led by Rice (0.053), Other Oily Seeds (0.052), Aluminium Ore (0.051), Insect Resins (0.05), and Dried Legumes (0.05).
The highest complexity exports of Goiás according to the product complexity index (PCI) are Liquid Dispersing Machines (0.92), Harvesting Machinery (0.87), Quaternary Ammonium Salts and Hydroxides (0.71), Poultry Meat (-0.054), and Gelatin (-0.17). 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 (188), Frozen Bovine Meat (93.3), Soybean Meal (76.2), Soybeans (72), and Corn (62.2).
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 Goiás 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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