GoiásState 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
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.
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).
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).
Fastest Growing Import Origins (May 2019 - May 2020)
Rapidly Declining Import Origins (May 2019 - May 2020)
This section shows differences between total trade from Goiás throughout time.
The states of Brazil with the highest exports in 2019 were São Paulo ($48.9B), Rio De Janeiro ($28.6B), Minas Gerais ($25.1B), Rio Grande Do Sul ($18.5B), and Pará ($17.8B)
The states of Brazil with the highest imports in 2019 were São Paulo ($59.3B), Rio De Janeiro ($21.2B), Santa Catarina ($16.9B), Paraná ($12.7B), and Amazonas ($10.2B)
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.
Goiás ranks 13th out of the 27 states 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 13th 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 (0.054), Insect Resins (0.053), Other Oily Seeds (0.053), Tropical Fruits (0.052), and Niobium, Tantalum, Vanadium and Zirconium Ore (0.05).
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.
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.
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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