Rio De Janeiro

State in Brazil

Exports (2019): $28.6B, Rnk 2/27

Top Destination (2019): $13.6B, China

Top Export (2019): $19.3B, Petroleum oils, oils from bituminous minerals,...

Imports (2019): $21.2B, Rnk 2/27

Top Origin (2019): $6.22B, Brazil

Top Import (2019): $4.21B, Floating, submersible drilling or production platform

Economic Complexity (2019): 0.12, Rnk 2 / 27

Exports: In 2019, Brazil's Rio De Janeiro exported $28.6B, making it the 2nd largest exporter out of the 27 exporters in Brazil. In 2019 the top exports of Rio De Janeiro were Petroleum oils, oils from bituminous minerals,... ($19.3B), Parts of turbo-jet or turbo-propeller engines ($1.6B), Semi-finished bars, iron or non-alloy steel... ($1.03B), Light petroleum distillates nes ($979M), and Tubing,flexible, with/without fittings, iron or steel ($895M).

Imports: In 2019, Brazil's Rio De Janeiro imported $21.2B, making it the 2nd largest importer out of the 27 importers in Brazil. In 2019 top imports of Rio De Janeiro were Floating, submersible drilling or production platform ($4.21B), Tubing,flexible, with/without fittings, iron or steel ($3.32B), Petroleum oils, oils from bituminous minerals,... ($1.83B), Taps, cocks, valves and similar appliances,... ($1.33B), and Bituminous coal, not agglomerated ($646M).

Economic Complexity: In 2019, the highest complexity exports of Rio De Janeiro according to the product complexity index (PCI) are Photographic Plates (1.67), Iron Fasteners (1.66), Transmissions (1.49), Valves (1.48), and Gaskets (1.38). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Value
Depth

Top Destination (2019): China, $13.6B

Top Product (2019): Petroleum oils, oils from bituminous minerals,..., $19.3B

In 2019 the top export destinations of Rio De Janeiro were China ($13.6B), United States ($6.04B), Netherlands ($1.64B), Chile ($1.27B), and Spain ($847M).

In 2019 the top exports of Rio De Janeiro were Petroleum oils, oils from bituminous minerals,... ($19.3B), Parts of turbo-jet or turbo-propeller engines ($1.6B), Semi-finished bars, iron or non-alloy steel... ($1.03B), Light petroleum distillates nes ($979M), and Tubing,flexible, with/without fittings, iron or steel ($895M).

Export Dynamics

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Fastest Growing Exports Destination (May 2019 - May 2020)

Rapidly Declining Export Origins (May 2019 - May 2020)

Value
Depth

Top Origin (2019): Brazil, $6.22B

Top Import (2019): Floating, submersible drilling or production platform, $4.21B

In 2019 the top import origins of Rio De Janeiro were Brazil ($6.22B), China ($3.19B), United States ($2.68B), Saudi Arabia ($1.55B), and Germany ($1.05B).

In 2019 the top imports of Rio De Janeiro were Floating, submersible drilling or production platform ($4.21B), Tubing,flexible, with/without fittings, iron or steel ($3.32B), Petroleum oils, oils from bituminous minerals,... ($1.83B), Taps, cocks, valves and similar appliances,... ($1.33B), and Bituminous coal, not agglomerated ($646M).

Import Dynamics

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Fastest Growing Import Origins (May 2019 - May 2020)

Rapidly Declining Import Origins (May 2019 - May 2020)

Comparison in Time

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Flow
Value

This section shows differences between total trade from Rio de Janeiro throughout time.

Comparison Map

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Value

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 Rio de Janeiro. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.

Explore Forecasts

Economic Complexity

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Economic Complexity of Brazil

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Rio De Janeiro ranks 2nd out of the 27 states in Brazil according to ECI.

Estimated using exports data.

Economic Complexity Ranking

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Scale

The economic complexity of a territory can change year to year. Rio De Janeiro it is in position 2nd considering its ECI in the last year.

Export Opportunities by Relatedness

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The top export opportunities according to the relatedness level, without considering those products were Rio De Janeiro already has a comparative advantage, are led by Planes, Helicopters, and/or Spacecraft (0.049), Epoxides (0.049), Soybeans (0.048), Ethers (0.047), and X-Ray Equipment (0.046).

Most Complex Products by PCI

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The highest complexity exports of Rio De Janeiro according to the product complexity index (PCI) are Photographic Plates (1.67), Iron Fasteners (1.66), Transmissions (1.49), Valves (1.48), and Gaskets (1.38). 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 Flexible Metal Tubing (239), Steel Ingots (74.5), Semi-Finished Iron (23.1), Sculptures (16), and Gaskets (14.3).

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 Rio De Janeiro 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  Rio De Janeiro. These are products that tend to be co-exported with the products that Rio De Janeiro 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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Filter
Depth

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.