Overview This page contains the latest international trade data for Rio de Janeiro. In September 2022 Rio de Janeiro was the number 3 in total exports and the number 3 in total imports in Brazil.

Exports In 2021, Brazil's Rio De Janeiro exported $32.5B, making it the 3rd largest exporter out of the 27 exporters in Brazil. In 2021 the top exports of Rio De Janeiro were Petroleum oils, oils from bituminous minerals,... ($24.2B), Semi-finished bars, iron or non-alloy steel... ($2.39B), Light petroleum distillates nes ($1.09B), Petroleum spirit for motor vehicles ($414M), and Parts of turbo-jet or turbo-propeller engines ($380M).

Imports In 2021, Brazil's Rio De Janeiro imported $22.4B, making it the 3rd largest importer out of the 27 importers in Brazil. In 2021 top imports of Rio De Janeiro were Natural gas, liquefied ($2.51B), Parts of turbo-jet or turbo-propeller engines ($2.34B), Petroleum oils, oils from bituminous minerals,... ($1.69B), Electrical energy ($1.61B), and Turbo-jet engines of a thrust >... ($1.26B).

Economic Complexity In 2020, the highest complexity exports of Rio De Janeiro according to the product complexity index (PCI) are Motor vehicle (8701 to 8705) chassis... (0.73), Steel Ingots (0.64), Semi-Finished Iron (-0.7), Crude Petroleum (-2.94), and Glass Balls (undefined). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Historical Data

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Yearly Exports

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Top Destination (2021): China, $12B

Top Product (2021): Petroleum oils, oils from bituminous minerals,..., $24.2B

In 2021 the top export destinations of Rio De Janeiro were China ($12B), United States ($5.57B), Chile ($1.83B), Portugal ($1.68B), and India ($1.64B).

In 2021 the top exports of Rio De Janeiro were Petroleum oils, oils from bituminous minerals,... ($24.2B), Semi-finished bars, iron or non-alloy steel... ($2.39B), Light petroleum distillates nes ($1.09B), Petroleum spirit for motor vehicles ($414M), and Parts of turbo-jet or turbo-propeller engines ($380M).

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Exports Dynamics

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Fastest Growing Exports Destination (Sep 2021 - Sep 2022)

Rapidly Declining Export Origins (Sep 2021 - Sep 2022)

Yearly Imports

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Top Origin (2021): United States, $7.5B

Top Import (2021): Natural gas, liquefied, $2.51B

In 2021 the top import origins of Rio De Janeiro were United States ($7.5B), France ($1.52B), China ($1.48B), Paraguay ($1.42B), and Saudi Arabia ($1.41B).

In 2021 the top imports of Rio De Janeiro were Natural gas, liquefied ($2.51B), Parts of turbo-jet or turbo-propeller engines ($2.34B), Petroleum oils, oils from bituminous minerals,... ($1.69B), Electrical energy ($1.61B), and Turbo-jet engines of a thrust >... ($1.26B).

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Imports Dynamics

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Fastest Growing Import Origins (Sep 2021 - Sep 2022)

Rapidly Declining Import Origins (Sep 2021 - Sep 2022)

Economic Complexity

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Economic Complexity of Rio De Janeiro

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Economic Complexity (2021): 0.096

Rio De Janeiro ranks 2nd 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

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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.

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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 Rio De Janeiro already has a comparative advantage, are led by Ethers (0.036), Propylene Polymers (0.034), Petroleum Gas (0.034), Soybeans (0.034), and Iron Railway Products (0.034).

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 Motor vehicle (8701 to 8705) chassis... (0.73), Steel Ingots (0.64), Semi-Finished Iron (-0.7), Crude Petroleum (-2.94), and Glass Balls (undefined). 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 Steel Ingots (57.4), Semi-Finished Iron (46.8), Crude Petroleum (14.6), Glass Balls (9.3), and Cigarette Paper (8.3).

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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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.