PiauíState in Brazil
Exports (2019): $543M, Rnk 19/27
Top Destination (2019): $357M, China
Top Export (2019): $413M, Soya beans: other than seed, whether...
Imports (2019): $288M, Rnk 22/27
Top Origin (2019): $195M, China
Top Import (2019): $157M, Photosensitive/photovoltaic/LED semiconductor devices
Economic Complexity (2019): -1.32, Rnk 22 / 27
Exports: In 2019, Brazil's Piauí exported $543M, making it the 19th largest exporter out of the 27 exporters in Brazil. In 2019 the top exports of Piauí were Soya beans: other than seed, whether... ($413M), Vegetable waxes except triglycerides ($40.4M), Soya-bean oil-cake and other solid residues ($30.6M), Maize except seed corn ($25.1M), and Cotton, not carded or combed ($11.3M).
Imports: In 2019, Brazil's Piauí imported $288M, making it the 22nd largest importer out of the 27 importers in Brazil. In 2019 top imports of Piauí were Photosensitive/photovoltaic/LED semiconductor devices ($157M), Static converters, nes ($15M), Flat rolled iron or non-alloy steel,... ($14M), Cereals: wheat and meslin, other than... ($10.9M), and Iron or non-alloy steel: in coils,... ($8.52M).
Economic Complexity: In 2019, the highest complexity exports of Piauí according to the product complexity index (PCI) are Oxygen Heterocyclic Compounds (0.55), Corn (-0.91), Soybean Meal (-0.96), Honey (-0.97), and Quartz (-1.1). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Top Destination (2019): China, $357M
Top Product (2019): Soya beans: other than seed, whether..., $413M
In 2019 the top export destinations of Piauí were China ($357M), Germany ($36.8M), United States ($26.7M), Spain ($22M), and Thailand ($20.8M).
In 2019 the top exports of Piauí were Soya beans: other than seed, whether... ($413M), Vegetable waxes except triglycerides ($40.4M), Soya-bean oil-cake and other solid residues ($30.6M), Maize except seed corn ($25.1M), and Cotton, not carded or combed ($11.3M).
Fastest Growing Exports Destination (June 2019 - June 2020)
Rapidly Declining Export Origins (June 2019 - June 2020)
Top Origin (2019): China, $195M
Top Import (2019): Photosensitive/photovoltaic/LED semiconductor devices, $157M
In 2019 the top import origins of Piauí were China ($195M), Italy ($14.5M), Russia ($13.8M), Ukraine ($11M), and Israel ($7.69M).
In 2019 the top imports of Piauí were Photosensitive/photovoltaic/LED semiconductor devices ($157M), Static converters, nes ($15M), Flat rolled iron or non-alloy steel,... ($14M), Cereals: wheat and meslin, other than... ($10.9M), and Iron or non-alloy steel: in coils,... ($8.52M).
This section shows differences between total trade from Piauí throughout time.
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 Piauí. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.
Piauí ranks 22nd out of the 27 states in Brazil according to ECI.
Estimated using exports data.
The economic complexity of a territory can change year to year. Piauí it is in position 22nd considering its ECI in the last year.
The top export opportunities according to the relatedness level, without considering those products were Piauí already has a comparative advantage, are led by Other Oily Seeds (0.02), Soybean Oil (0.014), Non-Knit Women's Suits (0.011), Scrap Copper (0.01), and Precious Metal Scraps (0.0099).
The highest complexity exports of Piauí according to the product complexity index (PCI) are Oxygen Heterocyclic Compounds (0.55), Corn (-0.91), Soybean Meal (-0.96), Honey (-0.97), and Quartz (-1.1). 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 Soybeans (225), Honey (126), Soybean Meal (37.8), Quartz (29.9), and Raw Cotton (27).
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 Piauí 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.
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