Pernambuco

State in Brazil

Exports (2019): $1.47B, Rnk 15/27

Top Destination (2019): $315M, Argentina

Top Export (2019): $271M, Light petroleum distillates nes

Imports (2019): $5.09B, Rnk 10/27

Top Origin (2019): $2.24B, United States

Top Import (2019): $1.16B, Light petroleum distillates nes

Economic Complexity (2019): -0.4, Rnk 7 / 27

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

Exports: In 2019, Brazil's Pernambuco exported $1.47B, making it the 15th largest exporter out of the 27 exporters in Brazil. In 2019 the top exports of Pernambuco were Light petroleum distillates nes ($271M), Medium Sized Cars ($244M), Poly(ethylene terephthalate); in primary forms, having... ($175M), Spark ignition engine trucks weighing <... ($93.8M), and Guavas, mangoes and mangosteens, fresh or... ($84.3M).

Imports: In 2019, Brazil's Pernambuco imported $5.09B, making it the 10th largest importer out of the 27 importers in Brazil. In 2019 top imports of Pernambuco were Light petroleum distillates nes ($1.16B), Propane, liquefied ($516M), Petroleum spirit for motor vehicles ($468M), P-xylene ($205M), and Petroleum oils, oils from bituminous minerals,... ($168M).

Economic Complexity: In 2019, the highest complexity exports of Pernambuco according to the product complexity index (PCI) are Abrasive Powder (1.21), Synthetic Rubber (1.14), Polyacetals (1), Cars (0.8), and Other Plastic Sheetings (0.59). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Yearly Exports

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Value
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Top Destination (2019): Argentina, $315M

Top Product (2019): Light petroleum distillates nes, $271M

In 2019 the top export destinations of Pernambuco were Argentina ($315M), United States ($241M), Netherlands ($152M), Singapore ($129M), and Mexico ($86.1M).

In 2019 the top exports of Pernambuco were Light petroleum distillates nes ($271M), Medium Sized Cars ($244M), Poly(ethylene terephthalate); in primary forms, having... ($175M), Spark ignition engine trucks weighing <... ($93.8M), and Guavas, mangoes and mangosteens, fresh or... ($84.3M).

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Export Dynamics

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Fastest Growing Exports Destination (July 2019 - July 2020)

Rapidly Declining Export Origins (July 2019 - July 2020)

Yearly Imports

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Top Origin (2019): United States, $2.24B

Top Import (2019): Light petroleum distillates nes, $1.16B

In 2019 the top import origins of Pernambuco were United States ($2.24B), Argentina ($566M), China ($393M), India ($268M), and Netherlands ($171M).

In 2019 the top imports of Pernambuco were Light petroleum distillates nes ($1.16B), Propane, liquefied ($516M), Petroleum spirit for motor vehicles ($468M), P-xylene ($205M), and Petroleum oils, oils from bituminous minerals,... ($168M).

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Import Dynamics

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Fastest Growing Import Origins (July 2019 - July 2020)

Rapidly Declining Import Origins (July 2019 - July 2020)

Comparison in Time

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

This section shows forecasts for total exports and imports from Pernambuco. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.

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Economic Complexity

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Economic Complexity of Brazil

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Pernambuco ranks 7th out of the 27 states 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. Pernambuco it is in position 7th 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 Pernambuco already has a comparative advantage, are led by Gold (0.06), Bananas (0.059), Other Vegetable Products (0.058), Legume Flours (0.057), and Other Oily Seeds (0.057).

Most Complex Products by PCI

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The highest complexity exports of Pernambuco according to the product complexity index (PCI) are Abrasive Powder (1.21), Synthetic Rubber (1.14), Polyacetals (1), Cars (0.8), and Other Plastic Sheetings (0.59). 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 Metal Stoppers (92.7), Tropical Fruits (78.4), Grapes (72.7), Raw Sugar (38.2), and Polyacetals (36.7).

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 Pernambuco 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  Pernambuco. These are products that tend to be co-exported with the products that Pernambuco 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.