GoiásState in Brazil
2020 Economic Complexity : -0.87, Rank 14 of 22
Sep 2021 Trade Exports | Imports: $747M | $455M, 12 of 28 | 12 of 28
Sep 2021 Country Destination | Origin: China | China , $241M | $88.8M
Sep 2021 Product Exports | Imports: Bovine cuts boneless, frozen | Blood, human or animal, antisera, other blood fractions..., $171M | $66M
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 2020, the highest complexity exports of Goiás according to the product complexity index (PCI) are Liquid Dispersing Machines (0.92), Harvesting Machinery (0.87), Peptones (0.76), Quaternary Ammonium Salts and Hydroxides (0.71), and Poultry Meat (-0.054). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
September, 2021
Overview In September 2021 Goiás exported $747M and imported $455M, resulting in a positive trade balance of $292M. Between September 2020 and September 2021 the exports of Goiás have increased by $97.1M (14.9%) from $650M to $747M, while imports increased by $203M (80.5%) from $252M to $455M.
Trade In September 2021, the top exports of Goiás were Frozen Bovine Meat ($171M), Soybean Meal ($85.6M), Copper Ore ($77.4M), Ferroalloys ($72.7M), and Soybeans ($61.2M). In September 2021 the top imports of Goiás were Mixed Mineral or Chemical Fertilizers ($73.3M), Blood, antisera, vaccines, toxins and cultures ($66.8M), Potassic Fertilizers ($57.4M), Vehicle Parts ($32.5M), and Packaged Medicaments ($31.6M).
Destinations In September 2021, Goiás exported mostly to China ($241M), India ($37M), Spain ($33.7M), Germany ($28.7M), and Finland ($26.6M), and imported mostly from China ($88.8M), United States ($48.6M), Germany ($40M), Argentina ($37M), and Ireland ($31.5M).
Growth In September 2021, the increase in Goiás's year-by-year exports was explained primarily by an increase in exports to China ($48.2M or 25%), India ($27.9M or 309%), and Germany ($24.8M or 631%), and product exports increase in Frozen Bovine Meat ($101M or 147%), Soybean Meal ($22.6M or 35.9%), and Soybean Oil ($20.2M or 170%). In September 2021, the increase in Goiás's year-by-year imports was explained primarily by an increase in imports from China ($55.5M or 167%), Argentina ($30.2M or 446%), and United States ($19.1M or 65%), and product imports increase in Mixed Mineral or Chemical Fertilizers ($49.6M or 209%), Potassic Fertilizers ($41.2M or 256%), and Vehicle Parts ($22.3M or 219%).
EXPORT GROWTH (September 2020 - September 2021): $97.1M, (14.9%)
IMPORT GROWTH (September 2020 - September 2021): $203M, (80.5%)
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.
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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).
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).
Fastest Growing Import Origins (Sep 2020 - Sep 2021)
Rapidly Declining Import Origins (Sep 2020 - Sep 2021)
Economic Complexity (2020): -0.87
Goiás ranks 14th 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.
The economic complexity of a territory can change year to year. Goiás it is in position 14th 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 Ground Nuts (0.075), Rice (0.06), Insect Resins (0.06), Aluminium Ore (0.058), and Niobium, Tantalum, Vanadium and Zirconium Ore (0.055).
The highest complexity exports of Goiás according to the product complexity index (PCI) are Liquid Dispersing Machines (0.92), Harvesting Machinery (0.87), Peptones (0.76), Quaternary Ammonium Salts and Hydroxides (0.71), and Poultry Meat (-0.054). 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 (137.5), Soybeans (95.6), Frozen Bovine Meat (94.9), Gelatin (63.2), and Soybean Meal (59.3).
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.