Goiás

State 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.

Comparison in Time

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Flow
Value

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.

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Yearly Exports

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Value
Depth

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).

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Exports Dynamics

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Fastest Growing Exports Destination (Feb 2020 - Feb 2021)

Rapidly Declining Export Origins (Feb 2020 - Feb 2021)

Yearly Imports

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Value
Depth

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).

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Imports Dynamics

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Fastest Growing Import Origins (Feb 2020 - Feb 2021)

Rapidly Declining Import Origins (Feb 2020 - Feb 2021)

Economic Complexity

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Economic Complexity of Brazil

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Goiás ranks 15th 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. Goiás it is in position 15th 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 (0.053), Other Oily Seeds (0.052), Aluminium Ore (0.051), Insect Resins (0.05), and Dried Legumes (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 (0.92), 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.

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 (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.

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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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.