Mato GrossoState in Brazil
2020 Economic Complexity : -0.98, Rank 15 of 22
Sep 2021 Trade Exports | Imports: $1.17B | $438M, 8 of 28 | 13 of 28
Sep 2021 Country Destination | Origin: China | China , $293M | $101M
Sep 2021 Product Exports | Imports: Maize except seed corn | Fertilizers with nitrogen and phosphorus nes, <=10kg , $359M | $103M
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 2020, the highest complexity exports of Mato Grosso according to the product complexity index (PCI) are Pig Meat (0.81), Quaternary Ammonium Salts and Hydroxides (0.71), Poultry Meat (-0.054), Gelatin (-0.17), and Glycerol (-0.19). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
September, 2021
Overview In September 2021 Mato Grosso exported $1.17B and imported $438M, resulting in a positive trade balance of $732M. Between September 2020 and September 2021 the exports of Mato Grosso have decreased by $-149M (-11.3%) from $1.32B to $1.17B, while imports increased by $311M (243%) from $128M to $438M.
Trade In September 2021, the top exports of Mato Grosso were Corn ($359M), Frozen Bovine Meat ($222M), Soybeans ($200M), Raw Cotton ($130M), and Soybean Meal ($121M). In September 2021 the top imports of Mato Grosso were Mixed Mineral or Chemical Fertilizers ($154M), Nitrogenous Fertilizers ($116M), Potassic Fertilizers ($78.2M), Phosphatic Fertilizers ($29.9M), and Pesticides ($26.1M).
Destinations In September 2021, Mato Grosso exported mostly to China ($293M), Spain ($131M), Iran ($96.9M), Indonesia ($64.1M), and Vietnam ($49.2M), and imported mostly from China ($101M), Algeria ($61.4M), United States ($58.7M), Russia ($47.7M), and Morocco ($45.1M).
Growth In September 2021, the decrease in Mato Grosso's year-by-year exports was explained primarily by an decrease in exports to Vietnam ($-99.2M or -66.8%), Japan ($-56M or -69.7%), and Mexico ($-37.4M or -69.6%), and product exports decrease in Corn ($-263M or -42.3%), Soybean Meal ($-82.1M or -40.4%), and Gold ($-9.11M or -33.4%). In September 2021, the increase in Mato Grosso's year-by-year imports was explained primarily by an increase in imports from China ($83.7M or 489%), Algeria ($61.3M or 58.1k%), and United States ($40M or 214%), and product imports increase in Mixed Mineral or Chemical Fertilizers ($125M or 443%), Nitrogenous Fertilizers ($88M or 311%), and Potassic Fertilizers ($33.8M or 76.1%).
EXPORT GROWTH (September 2020 - September 2021): $-149M, (-11.3%)
IMPORT GROWTH (September 2020 - September 2021): $311M, (243%)
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.
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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).
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).
Fastest Growing Import Origins (Sep 2020 - Sep 2021)
Rapidly Declining Import Origins (Sep 2020 - Sep 2021)
Economic Complexity (2020): -0.98
Mato Grosso ranks 15th 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. Mato Grosso it is in position 15th 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 (0.048), Rice (0.043), Raw Sugar (0.039), Gold (0.039), and Sowing Seeds (0.034).
The highest complexity exports of Mato Grosso according to the product complexity index (PCI) are Pig Meat (0.81), Quaternary Ammonium Salts and Hydroxides (0.71), Poultry Meat (-0.054), Gelatin (-0.17), and Glycerol (-0.19). 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 Raw Cotton (140.6), Soybeans (129.8), Corn (103.2), Soybean Meal (79.3), and Frozen Bovine Meat (57.1).
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.