Mato GrossoState in Brazil
2019 Economic Complexity: -1.06, Rank 18 of 25
Feb 2021 Trade Exports | Imports: $1.32B | $186M, 5 of 28 | 15 of 29
Feb 2021 Country Destination | Origin: China | Russia , $593M | $47.9M
Feb 2021 Product Exports | Imports: Soybeans | Nitrogenous Fertilizers , $625M | $63.6M
Overview: This page contains the latest international trade data for Mato Grosso, including export and import data.
Exports: In 2020, Brazil's Mato Grosso exported $18.2B, making it the 5th largest exporter out of the 27 exporters in Brazil. In 2020 the top exports of Mato Grosso were Soya beans: other than seed, whether... ($7.63B), Maize except seed corn ($3.63B), Cotton, not carded or combed ($2.11B), Soya-bean oil-cake and other solid residues ($2.03B), and Bovine cuts boneless, frozen ($1.44B).
Imports: In 2020, Brazil's Mato Grosso imported $1.8B, making it the 15th largest importer out of the 27 importers in Brazil. In 2020 top imports of Mato Grosso were Potassium chloride, in packs >10 kg ($594M), Urea, including aqueous solution in packs... ($247M), Monoammonium phosphate & mix with diammonium,... ($207M), Fertilizers with nitrogen and phosphorus nes,... ($169M), and Ammonium sulphate, in packs >10 kg ($122M).
Economic Complexity: In 2019, the highest complexity exports of Mato Grosso according to the product complexity index (PCI) are Quaternary Ammonium Salts and Hydroxides (0.71), Poultry Meat (-0.054), Gelatin (-0.17), Glycerol (-0.19), and Edible Offal (-0.51). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Overview: In February 2021 Mato Grosso exported $1.32B and imported $186M, resulting in a positive trade balance of $1.13B. Between February 2020 and February 2021 the exports of Mato Grosso have decreased by $-151M (-10.3%) from $1.47B to $1.32B, while imports increased by $75.1M (67.9%) from $111M to $186M.
Trade: In February 2021, the top exports of Mato Grosso were Soybeans ($625M), Raw Cotton ($278M), Soybean Meal ($136M), Frozen Bovine Meat ($89.4M), and Corn ($75.1M). In February 2021 the top imports of Mato Grosso were Nitrogenous Fertilizers ($63.6M), Potassic Fertilizers ($61.3M), Mixed Mineral or Chemical Fertilizers ($31.4M), Petroleum Gas ($8.18M), and Centrifuges ($3.95M).
Destinations: In February 2021, Mato Grosso exported mostly to China ($593M), Indonesia ($101M), Bangladesh ($76.5M), Turkey ($71.4M), and Pakistan ($45M), and imported mostly from Russia ($47.9M), China ($25.8M), Canada ($19.8M), Belarus ($18.3M), and Qatar ($16.5M).
Growth: In February 2021, the decrease in Mato Grosso's year-by-year exports was explained primarily by an decrease in exports to China ($-94M or -13.7%), Netherlands ($-75M or -94.2%), and Spain ($-52.5M or -63.5%), and product exports decrease in Soybeans ($-356M or -36.3%), Frozen Bovine Meat ($-7.14M or -7.4%), and Bovine Meat ($-6.03M or -33%). In February 2021, the increase in Mato Grosso's year-by-year imports was explained primarily by an increase in imports from Russia ($33.5M or 232%), Belarus ($15.2M or 486%), and Canada ($14.8M or 297%), and product imports increase in Potassic Fertilizers ($46.6M or 317%), Mixed Mineral or Chemical Fertilizers ($11.6M or 58.7%), and Petroleum Gas ($6.92M or 548%).
EXPORT GROWTH (February 2020 - February 2021): $-151M, (-10.3%)
IMPORT GROWTH (February 2020 - February 2021): $75.1M, (67.9%)
This section shows exports and imports data at subnational level for Mato Grosso. 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 Mato Grosso over time.
This section shows the differences between Mato Grosso's total subnational aggregate trade throughout time. To explore the trade patterns of the country, visit Brazil's country profile.
Top Destination (2020): China, $5.45B
Top Product (2020): Soya beans: other than seed, whether..., $7.63B
In 2020 the top export destinations of Mato Grosso were China ($5.45B), Vietnam ($1.05B), Netherlands ($946M), Spain ($883M), and Thailand ($870M).
In 2020 the top exports of Mato Grosso were Soya beans: other than seed, whether... ($7.63B), Maize except seed corn ($3.63B), Cotton, not carded or combed ($2.11B), Soya-bean oil-cake and other solid residues ($2.03B), and Bovine cuts boneless, frozen ($1.44B).
Fastest Growing Exports Destination (Feb 2020 - Feb 2021)
Rapidly Declining Export Origins (Feb 2020 - Feb 2021)
Top Origin (2020): Russia, $328M
Top Import (2020): Potassium chloride, in packs >10 kg, $594M
In 2020 the top import origins of Mato Grosso were Russia ($328M), China ($216M), United States ($211M), Canada ($185M), and Belarus ($121M).
In 2020 the top imports of Mato Grosso were Potassium chloride, in packs >10 kg ($594M), Urea, including aqueous solution in packs... ($247M), Monoammonium phosphate & mix with diammonium,... ($207M), Fertilizers with nitrogen and phosphorus nes,... ($169M), and Ammonium sulphate, in packs >10 kg ($122M).
Mato Grosso ranks 18th 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. Mato Grosso it is in position 18th considering its ECI in the last year.
The top export opportunities according to the relatedness level, without considering those products were Mato Grosso already has a comparative advantage, are led by Manganese Ore (0.047), Rice (0.042), Tin Ores (0.042), Raw Sugar (0.04), and Sowing Seeds (0.033).
The highest complexity exports of Mato Grosso according to the product complexity index (PCI) are Quaternary Ammonium Salts and Hydroxides (0.71), Poultry Meat (-0.054), Gelatin (-0.17), Glycerol (-0.19), and Edible Offal (-0.51). 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 Soybeans (127), Corn (125), Raw Cotton (112), Soybean Meal (77.1), and Frozen Bovine Meat (49.6).
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 Mato Grosso 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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