Pará

State in Brazil

2019
Economic
Complexity
: -1.2, Rank 22 of 25

Feb 2021
Trade
Exports | Imports
: $2.07B | $81.8M, 3 of 28 | 16 of 29

Feb 2021
Country
Destination | Origin
: China | United States , $1.12B  | $37.6M

Feb 2021
Product
Exports | Imports
: Iron Ore | Refined Petroleum , $1.56B  | $19.7M

Overview: This page contains the latest international trade data for Pará, including export and import data.

Exports: In 2020, Brazil's Pará exported $20.5B, making it the 4th largest exporter out of the 27 exporters in Brazil. In 2020 the top exports of Pará were Iron ore, concentrate, not iron pyrites,unagglomerate ($14B), Copper ores and concentrates ($1.94B), Aluminium oxide, except artificial corundum ($1.14B), Soya beans: other than seed, whether... ($759M), and Bovine cuts boneless, frozen ($407M).

Imports: In 2020, Brazil's Pará imported $1.2B, making it the 17th largest importer out of the 27 importers in Brazil. In 2020 top imports of Pará were Light petroleum distillates nes ($143M), Sodium hydroxide (caustic soda) in aqueous... ($125M), Dump trucks designed for off-highway use ($96.6M), Petroleum spirit for motor vehicles ($90.3M), and Rubber; new pneumatic tyres, of a... ($75.2M).

Economic Complexity: In 2019, the highest complexity exports of Pará according to the product complexity index (PCI) are Dissolving Grades Chemical Woodpulp (0.35), Hydrogen (0.28), Kaolin (-0.16), Edible Offal (-0.51), and Pig Iron (-0.57). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Comparison in Time

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Flow
Value

This section shows the differences between Pará's total subnational aggregate trade throughout time. To explore the trade patterns of the country, visit Brazil's country profile.

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Yearly Exports

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Value
Depth

Top Destination (2020): China, $11.9B

Top Product (2020): Iron ore, concentrate, not iron pyrites,unagglomerate, $14B

In 2020 the top export destinations of Pará were China ($11.9B), Malaysia ($1.39B), Japan ($709M), Germany ($619M), and Norway ($527M).

In 2020 the top exports of Pará were Iron ore, concentrate, not iron pyrites,unagglomerate ($14B), Copper ores and concentrates ($1.94B), Aluminium oxide, except artificial corundum ($1.14B), Soya beans: other than seed, whether... ($759M), and Bovine cuts boneless, frozen ($407M).

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Exports Dynamics

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Fastest Growing Exports Destination (Feb 2020 - Feb 2021)

Rapidly Declining Export Origins (Feb 2020 - Feb 2021)

Yearly Imports

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Value
Depth

Top Origin (2020): United States, $668M

Top Import (2020): Light petroleum distillates nes, $143M

In 2020 the top import origins of Pará were United States ($668M), Russia ($79.6M), China ($51.3M), Argentina ($41.8M), and Spain ($41M).

In 2020 the top imports of Pará were Light petroleum distillates nes ($143M), Sodium hydroxide (caustic soda) in aqueous... ($125M), Dump trucks designed for off-highway use ($96.6M), Petroleum spirit for motor vehicles ($90.3M), and Rubber; new pneumatic tyres, of a... ($75.2M).

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Imports Dynamics

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Fastest Growing Import Origins (Feb 2020 - Feb 2021)

Rapidly Declining Import Origins (Feb 2020 - Feb 2021)

Economic Complexity

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Economic Complexity of Brazil

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Pará ranks 22nd out of the 27 N/A in Brazil according to ECI.

Estimated using exports data.

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Economic Complexity Ranking

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Scale

The economic complexity of a territory can change year to year. Pará it is in position 22nd considering its ECI in the last year.

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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 (0.05), Ground Nuts (0.048), Crustaceans (0.045), Gold (0.045), and Niobium, Tantalum, Vanadium and Zirconium Ore (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 (0.35), Hydrogen (0.28), Kaolin (-0.16), Edible Offal (-0.51), and Pig Iron (-0.57). 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 (112), Kaolin (85.8), Aluminium Oxide (72.2), Manganese Ore (52.1), and Aluminium Ore (48.7).

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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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.