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Overview This page contains the latest international trade data for Piauí. In December 2023 Piauí was the number 18 in total exports and the number 23 in total imports in Brazil.

Exports In 2023, Brazil's Piauí exported $1.65B, making it the 18th largest exporter out of the 27 exporters in Brazil. In 2023 the top exports of Piauí were Soya beans: other than seed, whether... ($1.27B), Maize except seed corn ($265M), Soya-bean oil-cake and other solid residues ($51.3M), Natural Honey ($31.2M), and Vegetable waxes except triglycerides ($25.7M).

Imports In 2023, Brazil's Piauí imported $248M, making it the 23rd largest importer out of the 27 importers in Brazil. In 2023 top imports of Piauí were Photosensitive devices; assembled photovoltaic modules/panels ($189M), Wind-Powered Electric Generators ($97.2M), Flat rolled iron or non-alloy steel,... ($31.7M), Parts for electric motors and generators ($25M), and Cereals: wheat and meslin, other than... ($24.4M).

Economic Complexity In 2023, the highest complexity exports of Piauí according to the product complexity index (PCI) are Glycerol (-0.26), Honey (-1.1), Corn (-1.12), Soybean Meal (-1.17), Quartz (-1.34), Granite (-1.44), Raw Sugar (-1.79), Soybeans (-1.84), Dried Legumes (-2.06), and Coconuts, Brazil Nuts, and Cashews (-2.55). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Historical Data

Yearly Exports

Color
Depth
Top Destination (2023)China$1.05B

In 2023 the top export destinations of Piauí were China ($1.05B), Spain ($101M), Thailand ($50M), Taiwan ($46.4M), and United States ($39.2M).

In 2023 the top exports of Piauí were Soya beans: other than seed, whether... ($1.27B), Maize except seed corn ($265M), Soya-bean oil-cake and other solid residues ($51.3M), Natural Honey ($31.2M), and Vegetable waxes except triglycerides ($25.7M).

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Exports Dynamics

Fastest Growing Exports Destination (Dec 2022 - Dec 2023)
China $69.4M (517%)
Thailand $16.2M (2.65k%)
Vietnam $6.49M (1.54k%)
Rapidly Declining Export Origins (Dec 2022 - Dec 2023)
Spain -$39.6M (-99.9%)
Japan -$3.22M (-99.1%)
Portugal -$1.47M (-91.1%)

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Yearly Imports

Color
Depth
Top Origin (2023)China$459M

In 2023 the top import origins of Piauí were China ($459M), Argentina ($19M), Egypt ($6.87M), India ($6.25M), and Spain ($5.74M).

In 2023 the top imports of Piauí were Photosensitive devices; assembled photovoltaic modules/panels ($189M), Wind-Powered Electric Generators ($97.2M), Flat rolled iron or non-alloy steel,... ($31.7M), Parts for electric motors and generators ($25M), and Cereals: wheat and meslin, other than... ($24.4M).

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Imports Dynamics

Fastest Growing Import Origins (Dec 2022 - Dec 2023)
Portugal $1.4M (44.4k%)
Spain $917k (727%)
United States $396k (489%)
Rapidly Declining Import Origins (Dec 2022 - Dec 2023)
China -$13M (-62.3%)
Taiwan -$715k (-99.9%)
Germany -$705k (-87.9%)

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Economic Complexity

Economic Complexity of Piauí

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Economic Complexity (2023)-1.38

Piauí ranks 22nd 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.

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Economic Complexity Ranking

Value

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

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Export Opportunities by Relatedness

The top export opportunities according to the relatedness level, without considering those products were Piauí already has a comparative advantage, are led by Nickel Ore (0.032), Precious Stones (0.026), Iron Ore (0.023), Crustaceans (0.022), and Legume Flours (0.022).

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Most Complex Products by PCI

The highest complexity exports of Piauí according to the product complexity index (PCI) are Glycerol (-0.26), Honey (-1.1), Corn (-1.12), Soybean Meal (-1.17), Quartz (-1.34), Granite (-1.44), Raw Sugar (-1.79), Soybeans (-1.84), Dried Legumes (-2.06), and Coconuts, Brazil Nuts, and Cashews (-2.55). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

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Most Specialized Products by RCA Index

The most specialized products according to the RCA index are led by Soybeans (196.95), Honey (150.52), Corn (61.78), Soybean Meal (20.71), and Raw Cotton (8.90).

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Product Space

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.

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Relatedness Space

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.

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Diversification Frontier

Depth
Filter

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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