Rio Grande Do SulState 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.
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).
Fastest Growing Exports Destination (May 2019 - May 2020)
Rapidly Declining Export Origins (May 2019 - May 2020)
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).
This section shows differences between total trade from Rio Grande do Sul throughout time.
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.
Rio Grande Do Sul ranks 3rd out of the 27 states in Brazil according to ECI.
Estimated using exports data.
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.
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).
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.
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.
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.
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