Piauí

State in Brazil

Exports (2021): $11M, Rnk 24/27

Top Destination (2021): $4.57M, United States

Top Export (2021): $3.94M, Honey, natural

Imports (2021): $21.2M, Rnk 23/27

Top Origin (2021): $8.01M, China

Top Import (2021): $6.76M, Iron or non-alloy steel: in coils,...

Economic Complexity (2019): -1.34, Rnk 24 / 27

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

Exports: In 2021, Brazil's Piauí exported $11M, making it the 24th largest exporter out of the 27 exporters in Brazil. In 2021 the top exports of Piauí were Honey, natural ($3.94M), Vegetable waxes except triglycerides ($3.6M), Cotton, not carded or combed ($1.7M), Maize except seed corn ($517k), and Heterocyclic compounds: with oxygen hetero-atom(s) only,... ($368k).

Imports: In 2021, Brazil's Piauí imported $21.2M, making it the 23rd largest importer out of the 27 importers in Brazil. In 2021 top imports of Piauí were Iron or non-alloy steel: in coils,... ($6.76M), Flat rolled iron or non-alloy steel,... ($4.47M), Iron or non-alloy steel: in coils,... ($1.26M), Iron or non-alloy steel: in coils,... ($1.24M), and Fertilizers, mineral or chemical; phosphatic, superphosphates,... ($1.18M).

Economic Complexity: In 2019, the highest complexity exports of Piauí according to the product complexity index (PCI) are Oxygen Heterocyclic Compounds (0.68), Honey (-1.02), Soybean Meal (-1.07), Quartz (-1.07), and Corn (-1.07). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Yearly Exports

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Value
Depth

Top Destination (2021): United States, $4.57M

Top Product (2021): Honey, natural, $3.94M

In 2021 the top export destinations of Piauí were United States ($4.57M), China ($1.28M), Germany ($871k), Vietnam ($705k), and Egypt ($517k).

In 2021 the top exports of Piauí were Honey, natural ($3.94M), Vegetable waxes except triglycerides ($3.6M), Cotton, not carded or combed ($1.7M), Maize except seed corn ($517k), and Heterocyclic compounds: with oxygen hetero-atom(s) only,... ($368k).

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Exports Dynamics

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Fastest Growing Exports Destination (Jan 2020 - Jan 2021)

Rapidly Declining Export Origins (Jan 2020 - Jan 2021)

Yearly Imports

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Value
Depth

Top Origin (2021): China, $8.01M

Top Import (2021): Iron or non-alloy steel: in coils,..., $6.76M

In 2021 the top import origins of Piauí were China ($8.01M), Russia ($5.71M), South Korea ($2.69M), Ukraine ($1.3M), and Egypt ($1.18M).

In 2021 the top imports of Piauí were Iron or non-alloy steel: in coils,... ($6.76M), Flat rolled iron or non-alloy steel,... ($4.47M), Iron or non-alloy steel: in coils,... ($1.26M), Iron or non-alloy steel: in coils,... ($1.24M), and Fertilizers, mineral or chemical; phosphatic, superphosphates,... ($1.18M).

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Imports Dynamics

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Fastest Growing Import Origins (Jan 2020 - Jan 2021)

Rapidly Declining Import Origins (Jan 2020 - Jan 2021)

Comparison in Time

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Flow
Value

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

Economic Complexity

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Economic Complexity of Brazil

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Piauí ranks 24th 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. Piauí it is in position 24th 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 Piauí already has a comparative advantage, are led by Other Oily Seeds (0.02), Soybean Oil (0.012), Non-Knit Women's Suits (0.01), Scrap Copper (0.01), and Marble, Travertine and Alabaster (0.0097).

Most Complex Products by PCI

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The highest complexity exports of Piauí according to the product complexity index (PCI) are Oxygen Heterocyclic Compounds (0.68), Honey (-1.02), Soybean Meal (-1.07), Quartz (-1.07), and Corn (-1.07). 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 Soybeans (236), Honey (134), Soybean Meal (40.2), Quartz (29), and Raw Cotton (25.2).

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.

Relatedness Space

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This network shows the products most related to the production structure of  Piauí. These are products that tend to be co-exported with the products that Piauí 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.