Goiás

State in Brazil

Exports (2019): $7.13B, Rnk 11/27

Top Destination (2019): $2.6B, China

Top Export (2019): $1.65B, Soya beans: other than seed, whether...

Imports (2019): $3.58B, Rnk 11/27

Top Origin (2019): $603M, United States

Top Import (2019): $604M, Blood, human or animal, antisera, other...

Economic Complexity (2019): -0.79, Rnk 13 / 27

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

Exports: In 2019, Brazil's Goiás exported $7.13B, making it the 11th largest exporter out of the 27 exporters in Brazil. In 2019 the top exports of Goiás were Soya beans: other than seed, whether... ($1.65B), Bovine cuts boneless, frozen ($922M), Maize except seed corn ($834M), Soya-bean oil-cake and other solid residues ($765M), and Ferro-nickel ($441M).

Imports: In 2019, Brazil's Goiás imported $3.58B, making it the 11th largest importer out of the 27 importers in Brazil. In 2019 top imports of Goiás were Blood, human or animal, antisera, other... ($604M), Medicaments nes, in dosage ($292M), Potassium chloride, in packs >10 kg ($285M), Urea, including aqueous solution in packs... ($123M), and Monoammonium phosphate & mix with diammonium,... ($114M).

Economic Complexity: In 2019, the highest complexity exports of Goiás according to the product complexity index (PCI) are Liquid Dispersing Machines (0.97), Harvesting Machinery (0.88), Quaternary Ammonium Salts and Hydroxides (0.59), Glands and Other Organs (0.47), and Gelatin (-0.015). 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 (2019): China, $2.6B

Top Product (2019): Soya beans: other than seed, whether..., $1.65B

In 2019 the top export destinations of Goiás were China ($2.6B), Netherlands ($323M), South Korea ($314M), Spain ($297M), and Japan ($272M).

In 2019 the top exports of Goiás were Soya beans: other than seed, whether... ($1.65B), Bovine cuts boneless, frozen ($922M), Maize except seed corn ($834M), Soya-bean oil-cake and other solid residues ($765M), and Ferro-nickel ($441M).

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Export Dynamics

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Fastest Growing Exports Destination (July 2019 - July 2020)

Rapidly Declining Export Origins (July 2019 - July 2020)

Yearly Imports

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Depth

Top Origin (2019): United States, $603M

Top Import (2019): Blood, human or animal, antisera, other..., $604M

In 2019 the top import origins of Goiás were United States ($603M), China ($461M), Germany ($442M), Japan ($224M), and Switzerland ($218M).

In 2019 the top imports of Goiás were Blood, human or animal, antisera, other... ($604M), Medicaments nes, in dosage ($292M), Potassium chloride, in packs >10 kg ($285M), Urea, including aqueous solution in packs... ($123M), and Monoammonium phosphate & mix with diammonium,... ($114M).

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Import Dynamics

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Fastest Growing Import Origins (July 2019 - July 2020)

Rapidly Declining Import Origins (July 2019 - July 2020)

Comparison in Time

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Value

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

This section shows forecasts for total exports and imports from Goiás. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.

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Economic Complexity

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Economic Complexity of Brazil

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Goiás ranks 13th out of the 27 states 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. Goiás it is in position 13th 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 Goiás already has a comparative advantage, are led by Rice (0.054), Insect Resins (0.053), Other Oily Seeds (0.053), Tropical Fruits (0.052), and Niobium, Tantalum, Vanadium and Zirconium Ore (0.05).

Most Complex Products by PCI

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The highest complexity exports of Goiás according to the product complexity index (PCI) are Liquid Dispersing Machines (0.97), Harvesting Machinery (0.88), Quaternary Ammonium Salts and Hydroxides (0.59), Glands and Other Organs (0.47), and Gelatin (-0.015). 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 Leather of Other Animals (171), Frozen Bovine Meat (96.4), Soybean Meal (71.7), Soybeans (68.6), and Corn (63.9).

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.

Relatedness Space

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This network shows the products most related to the production structure of  Goiás. These are products that tend to be co-exported with the products that Goiás 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.