Pará

State in Brazil

Exports (2019): $17.8B, Rnk 5/27

Top Destination (2019): $8.87B, China

Top Export (2019): $11.6B, Iron ore, concentrate, not iron pyrites,unagglomerate

Imports (2019): $1.22B, Rnk 16/27

Top Origin (2019): $541M, United States

Top Import (2019): $123M, Sodium hydroxide (caustic soda) in aqueous...

Economic Complexity (2019): -1.17, Rnk 21 / 27

Exports: In 2019, Brazil's Pará exported $17.8B, making it the 5th largest exporter out of the 27 exporters in Brazil. In 2019 the top exports of Pará were Iron ore, concentrate, not iron pyrites,unagglomerate ($11.6B), Copper ores and concentrates ($1.82B), Aluminium oxide, except artificial corundum ($1.16B), Soya beans: other than seed, whether... ($530M), and Manganese ores, concentrates, iron ores >20%... ($371M).

Imports: In 2019, Brazil's Pará imported $1.22B, making it the 16th largest importer out of the 27 importers in Brazil. In 2019 top imports of Pará were Sodium hydroxide (caustic soda) in aqueous... ($123M), Light petroleum distillates nes ($116M), Petroleum spirit for motor vehicles ($83.4M), Potassium chloride, in packs >10 kg ($72.4M), and Rubber; new pneumatic tyres, of a... ($71.1M).

Economic Complexity: In 2019, the highest complexity exports of Pará according to the product complexity index (PCI) are Dissolving Grades Chemical Woodpulp (0.33), Hydrogen (0.034), Kaolin (-0.034), Bovine (-0.34), and Edible Offal (-0.49). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Value
Depth

Top Destination (2019): China, $8.87B

Top Product (2019): Iron ore, concentrate, not iron pyrites,unagglomerate, $11.6B

In 2019 the top export destinations of Pará were China ($8.87B), Malaysia ($1.37B), Japan ($710M), Norway ($576M), and Netherlands ($481M).

In 2019 the top exports of Pará were Iron ore, concentrate, not iron pyrites,unagglomerate ($11.6B), Copper ores and concentrates ($1.82B), Aluminium oxide, except artificial corundum ($1.16B), Soya beans: other than seed, whether... ($530M), and Manganese ores, concentrates, iron ores >20%... ($371M).

Export Dynamics

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Fastest Growing Exports Destination (May 2019 - May 2020)

Rapidly Declining Export Origins (May 2019 - May 2020)

Value
Depth

Top Origin (2019): United States, $541M

Top Import (2019): Sodium hydroxide (caustic soda) in aqueous..., $123M

In 2019 the top import origins of Pará were United States ($541M), China ($137M), Russia ($92.9M), Argentina ($62.8M), and Colombia ($54.1M).

In 2019 the top imports of Pará were Sodium hydroxide (caustic soda) in aqueous... ($123M), Light petroleum distillates nes ($116M), Petroleum spirit for motor vehicles ($83.4M), Potassium chloride, in packs >10 kg ($72.4M), and Rubber; new pneumatic tyres, of a... ($71.1M).

Import Dynamics

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Fastest Growing Import Origins (May 2019 - May 2020)

Rapidly Declining Import Origins (May 2019 - May 2020)

Comparison in Time

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Flow
Value

This section shows differences between total trade from Pará throughout time.

Comparison Map

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Value

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 Pará. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.

Explore Forecasts

Economic Complexity

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Economic Complexity of Brazil

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Pará ranks 21st out of the 27 states in Brazil according to ECI.

Estimated using exports data.

Economic Complexity Ranking

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Scale

The economic complexity of a territory can change year to year. Pará it is in position 21st considering its ECI in the last year.

Export Opportunities by Relatedness

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The top export opportunities according to the relatedness level, without considering those products were Pará already has a comparative advantage, are led by Rice (0.048), Soybean Meal (0.046), Crustaceans (0.046), Niobium, Tantalum, Vanadium and Zirconium Ore (0.046), and Ground Nuts (0.045).

Most Complex Products by PCI

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The highest complexity exports of Pará according to the product complexity index (PCI) are Dissolving Grades Chemical Woodpulp (0.33), Hydrogen (0.034), Kaolin (-0.034), Bovine (-0.34), and Edible Offal (-0.49). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Most Specialized Products by RCA Index

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The most specialized products according to the RCA index are led by Iron Ore (125), Kaolin (80.9), Aluminium Oxide (75.5), Manganese Ore (60.1), and Aluminium Ore (53.5).

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 Pará 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.

Relatedness Space

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This network shows the products most related to the production structure of  Pará. These are products that tend to be co-exported with the products that Pará exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Diversification Frontier

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Filter
Depth

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.