Economic Complexity: In 2019, the highest complexity exports of Mato Grosso Do Sul according to the product complexity index (PCI) are Uncoated Paper (0.72), Poultry Meat (-0.14), Sulfate Chemical Woodpulp (-0.2), Bovine Meat (-0.43), and Edible Offal (-0.49). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
In 2019 the top export destinations of Mato Grosso Do Sul were China ($2.15B), Japan ($247M), United States ($225M), Argentina ($221M), and Italy ($210M).
This section shows forecasts for total exports and imports from Mato Grosso do Sul. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.
The top export opportunities according to the relatedness level, without considering those products were Mato Grosso Do Sul already has a comparative advantage, are led by Rice (0.041), Other Oily Seeds (0.034), Dried Legumes (0.032), Non-fillet Frozen Fish (0.031), and Citrus (0.031).
The highest complexity exports of Mato Grosso Do Sul according to the product complexity index (PCI) are Uncoated Paper (0.72), Poultry Meat (-0.14), Sulfate Chemical Woodpulp (-0.2), Bovine Meat (-0.43), and Edible Offal (-0.49). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
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 Do Sul 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.
This network shows the products most related to the production structure of Mato Grosso Do Sul. These are products that tend to be co-exported with the products that Mato Grosso Do Sul exports. Higher relatedness values ββindicate greater knowledge, which predicts a greater probability of exporting that product in the future.
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.