Rio Grande Do Sul

State in Brazil

Exports (2019): $18.5B, Rnk 4/27

Top Destination (2019): $5.65B, China

Top Export (2019): $4.14B, Soya beans: other than seed, whether...

Imports (2019): $9.9B, Rnk 6/27

Top Origin (2019): $1.92B, Argentina

Top Import (2019): $1.39B, Petroleum spirit for motor vehicles

Economic Complexity (2019): -0.04, Rnk 3 / 27

Exports: In 2019, Brazil's Rio Grande Do Sul exported $18.5B, making it the 4th largest exporter out of the 27 exporters in Brazil. In 2019 the top exports of Rio Grande Do Sul were Soya beans: other than seed, whether... ($4.14B), Tobacco, unmanufactured, stemmed or stripped ($1.63B), Floating, submersible drilling or production platform ($1.29B), Chem wood pulp, soda/sulphate, non-conifer, bleached ($1.27B), and Soya-bean oil-cake and other solid residues ($779M).

Imports: In 2019, Brazil's Rio Grande Do Sul imported $9.9B, making it the 6th largest importer out of the 27 importers in Brazil. In 2019 top imports of Rio Grande Do Sul were Petroleum spirit for motor vehicles ($1.39B), Petroleum oils, oils from bituminous minerals,... ($1.03B), Diesel powered trucks weighing < 5... ($847M), Potassium chloride, in packs >10 kg ($536M), and Monoammonium phosphate & mix with diammonium,... ($316M).

Economic Complexity: In 2019, the highest complexity exports of Rio Grande Do Sul according to the product complexity index (PCI) are Motor-working Tools (1.56), Ketones and Quinones (1.26), Synthetic Rubber (1.14), Vehicle Bodies (1.11), and Engine Parts (1.07). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Value
Depth

Top Destination (2019): China, $5.65B

Top Product (2019): Soya beans: other than seed, whether..., $4.14B

In 2019 the top export destinations of Rio Grande Do Sul were China ($5.65B), United States ($1.47B), Panama ($1.35B), Argentina ($944M), and Belgium ($574M).

In 2019 the top exports of Rio Grande Do Sul were Soya beans: other than seed, whether... ($4.14B), Tobacco, unmanufactured, stemmed or stripped ($1.63B), Floating, submersible drilling or production platform ($1.29B), Chem wood pulp, soda/sulphate, non-conifer, bleached ($1.27B), and Soya-bean oil-cake and other solid residues ($779M).

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): Argentina, $1.92B

Top Import (2019): Petroleum spirit for motor vehicles, $1.39B

In 2019 the top import origins of Rio Grande Do Sul were Argentina ($1.92B), United States ($1.24B), China ($1.22B), Algeria ($1.01B), and Germany ($466M).

In 2019 the top imports of Rio Grande Do Sul were Petroleum spirit for motor vehicles ($1.39B), Petroleum oils, oils from bituminous minerals,... ($1.03B), Diesel powered trucks weighing < 5... ($847M), Potassium chloride, in packs >10 kg ($536M), and Monoammonium phosphate & mix with diammonium,... ($316M).

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 Grande do Sul 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 Grande do Sul. 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 Grande Do Sul ranks 3rd 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 Grande Do Sul it is in position 3rd 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 Grande Do Sul already has a comparative advantage, are led by Manganese Ore (0.14), Bovine Meat (0.14), Concentrated Milk (0.13), Other Vegetable Residues and Waste (0.13), and Honey (0.13).

Most Complex Products by PCI

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The highest complexity exports of Rio Grande Do Sul according to the product complexity index (PCI) are Motor-working Tools (1.56), Ketones and Quinones (1.26), Synthetic Rubber (1.14), Vehicle Bodies (1.11), and Engine Parts (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 Leather of Other Animals (200), Raw Tobacco (143), Other Firearms (96.5), Soybeans (66.3), and Special Purpose Ships (42.5).

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 Grande Do Sul 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 Grande Do Sul. These are products that tend to be co-exported with the products that Rio Grande Do Sul 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.