ParáState in Brazil
2020 Economic Complexity : -1.16, Rank 17 of 23
Jun 2022 Trade Exports | Imports: $2.12B | $165M, 6 of 28 | 17 of 27
Jun 2022 Country Destination | Origin: China | United States , $1.13B | $64.2M
Jun 2022 Product Exports | Imports: Iron ore, concentrate, not iron pyrites,unagglomerate | Bituminous coal, not agglomerated , $1.32B | $26.2M
Overview This page contains the latest international trade data for Pará. In June 2022 Pará was the number 4 in total exports and the number 17 in total imports in Brazil.
Exports In 2021, Brazil's Pará exported $29.2B, making it the 4th largest exporter out of the 27 exporters in Brazil. In 2021 the top exports of Pará were Iron ore, concentrate, not iron pyrites,unagglomerate ($21.8B), Copper ores and concentrates ($2.52B), Aluminium oxide, except artificial corundum ($1.24B), Soya beans: other than seed, whether... ($811M), and Bovine cuts boneless, frozen ($408M).
Imports In 2021, Brazil's Pará imported $1.54B, making it the 17th largest importer out of the 27 importers in Brazil. In 2021 top imports of Pará were Sodium hydroxide (caustic soda) in aqueous... ($169M), Light petroleum distillates nes ($134M), Dump trucks (off-highway) ($117M), Petroleum spirit for motor vehicles ($97.5M), and Monoammonium phosphate & mix with diammonium,... ($83.3M).
Economic Complexity In 2020, the highest complexity exports of Pará according to the product complexity index (PCI) are Dissolving Grades Chemical Woodpulp (0.45), Kaolin (-0.12), Pig Iron (-0.77), Shaped Wood (-0.92), and Aluminium Oxide (-0.96). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
June, 2022
Overview In June 2022 Pará exported $2.12B and imported $165M, resulting in a positive trade balance of $1.95B. Between June 2021 and June 2022 the exports of Pará have decreased by $-1.09B (-34%) from $3.21B to $2.12B, while imports increased by $31.3M (23.4%) from $134M to $165M.
Trade In June 2022, the top exports of Pará were Iron Ore ($1.32B), Soybeans ($264M), Aluminium Oxide ($175M), Copper Ore ($73.5M), and Ferroalloys ($60.3M). In June 2022 the top imports of Pará were Refined Petroleum ($33.9M), Coal Briquettes ($26.2M), Sodium or Potassium Peroxides ($25.1M), Large Construction Vehicles ($18.3M), and Potassic Fertilizers ($13.7M).
Destinations In June 2022, Pará exported mostly to China ($1.13B), United States ($126M), Malaysia ($106M), Japan ($85.1M), and Belgium ($56.2M), and imported mostly from United States ($64.2M), Colombia ($26.5M), Netherlands ($14.6M), Russia ($14.3M), and China ($10.6M).
Growth In June 2022, the decrease in Pará's year-by-year exports was explained primarily by an decrease in exports to Norway ($-24.7M or -45.8%), Germany ($-24.4M or -29.8%), and Netherlands ($-22.5M or -56.6%), and product exports decrease in Aluminium Oxide ($-45.2M or -26.2%), Ferroalloys ($-8.54M or -27.6%), and Frozen Bovine Meat ($-5.12M or -15.9%). In June 2022, the increase in Pará's year-by-year imports was explained primarily by an increase in imports from Russia ($10.1M or 589%), Spain ($6.54M or 261%), and Germany ($3.39M or 253%), and product imports increase in Potassic Fertilizers ($12.5M or 2.19k%), Wheat ($4.69M or 87.9%), and Rubber Tires ($3.46M or 46%).
EXPORT GROWTH (June 2021 - June 2022): $-1.09B, (-34%)
IMPORT GROWTH (June 2021 - June 2022): $31.3M, (23.4%)
This section shows exports and imports data at subnational level for Pará. 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 Pará over time.
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Top Destination (2021): China, $16.9B
Top Product (2021): Iron ore, concentrate, not iron pyrites,unagglomerate, $21.8B
In 2021 the top export destinations of Pará were China ($16.9B), Malaysia ($2.18B), Japan ($1.35B), Germany ($761M), and United States ($598M).
In 2021 the top exports of Pará were Iron ore, concentrate, not iron pyrites,unagglomerate ($21.8B), Copper ores and concentrates ($2.52B), Aluminium oxide, except artificial corundum ($1.24B), Soya beans: other than seed, whether... ($811M), and Bovine cuts boneless, frozen ($408M).
Top Origin (2021): United States, $730M
Top Import (2021): Sodium hydroxide (caustic soda) in aqueous..., $169M
In 2021 the top import origins of Pará were United States ($730M), Russia ($124M), China ($92.7M), Colombia ($65.3M), and Argentina ($64.2M).
In 2021 the top imports of Pará were Sodium hydroxide (caustic soda) in aqueous... ($169M), Light petroleum distillates nes ($134M), Dump trucks (off-highway) ($117M), Petroleum spirit for motor vehicles ($97.5M), and Monoammonium phosphate & mix with diammonium,... ($83.3M).
Economic Complexity (2021): -1.16
Pará ranks 17th 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. Pará it is in position 17th considering its ECI in the last year.
The top export opportunities according to the relatedness level, without considering those products were Pará already has a comparative advantage, are led by Niobium, Tantalum, Vanadium and Zirconium Ore (0.05), Gold (0.048), Rice (0.047), Ground Nuts (0.045), and Nickel Ore (0.045).
The highest complexity exports of Pará according to the product complexity index (PCI) are Dissolving Grades Chemical Woodpulp (0.45), Kaolin (-0.12), Pig Iron (-0.77), Shaped Wood (-0.92), and Aluminium Oxide (-0.96). 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 Iron Ore (109.5), Aluminium Oxide (47.1), Kaolin (41.5), Copper Ore (24.8), and Aluminium Ore (16.5).
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.
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. Bubble size corresponds to exports value by year 2020.
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