Rio Grande Do SulState in Brazil
2019 Economic Complexity: -0.039, Rank 3 of 25
Feb 2021 Trade Exports | Imports: $976M | $553M, 7 of 28 | 7 of 29
Feb 2021 Country Destination | Origin: China | Argentina , $116M | $136M
Feb 2021 Product Exports | Imports: Soybean Meal | Delivery Trucks , $125M | $56.1M
Overview: This page contains the latest international trade data for Rio Grande do Sul, including export and import data.
Exports: In 2020, Brazil's Rio Grande Do Sul exported $14B, making it the 7th largest exporter out of the 27 exporters in Brazil. In 2020 the top exports of Rio Grande Do Sul were Soya beans: other than seed, whether... ($2.94B), Tobacco, unmanufactured, stemmed or stripped ($1.18B), Soya-bean oil-cake and other solid residues ($795M), Chem wood pulp, soda/sulphate, non-conifer, bleached ($643M), and Swine cuts, frozen nes ($599M).
Imports: In 2020, Brazil's Rio Grande Do Sul imported $7.22B, making it the 7th largest importer out of the 27 importers in Brazil. In 2020 top imports of Rio Grande Do Sul were Petroleum oils, oils from bituminous minerals,... ($818M), Diesel powered trucks weighing < 5... ($633M), Potassium chloride, in packs >10 kg ($392M), Monoammonium phosphate & mix with diammonium,... ($317M), and Petroleum spirit for motor vehicles ($268M).
Economic Complexity: In 2019, the highest complexity exports of Rio Grande Do Sul according to the product complexity index (PCI) are Motor-working Tools (1.55), Carboxyimide Compounds (1.4), Ketones and Quinones (1.2), Knives (1.09), and Lifting Machinery (1.08). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Overview: In February 2021 Rio Grande do Sul exported $976M and imported $553M, resulting in a positive trade balance of $423M. Between February 2020 and February 2021 the exports of Rio Grande do Sul have increased by $68.6M (7.56%) from $907M to $976M, while imports increased by $98.9M (21.8%) from $454M to $553M.
Trade: In February 2021, the top exports of Rio Grande do Sul were Soybean Meal ($125M), Raw Tobacco ($110M), Poultry Meat ($79.4M), Pig Meat ($49M), and Sulfate Chemical Woodpulp ($35.4M). In February 2021 the top imports of Rio Grande do Sul were Delivery Trucks ($56.1M), Cars ($25.8M), Mixed Mineral or Chemical Fertilizers ($25.1M), Vehicle Parts ($24.2M), and Wheat ($19.8M).
Destinations: In February 2021, Rio Grande do Sul exported mostly to China ($116M), United States ($104M), Argentina ($59.3M), Saudi Arabia ($42.9M), and Belgium ($41.2M), and imported mostly from Argentina ($136M), China ($103M), United States ($50.7M), Russia ($28.6M), and Germany ($26.2M).
Growth: In February 2021, the increase in Rio Grande do Sul's year-by-year exports was explained primarily by an increase in exports to France ($35.2M or 757%), South Korea ($28.5M or 617%), and Italy ($20.3M or 277%), and product exports increase in Soybean Meal ($102M or 437%), Pig Meat ($10.4M or 27%), and Acyclic Hydrocarbons ($9.25M or 256%). In February 2021, the increase in Rio Grande do Sul's year-by-year imports was explained primarily by an increase in imports from China ($30.8M or 42.7%), Russia ($22.7M or 388%), and Nigeria ($14.2M or 9.67M%), and product imports increase in Mixed Mineral or Chemical Fertilizers ($17.7M or 241%), Vehicle Parts ($9.45M or 64%), and Wheat ($7.43M or 60.2%).
EXPORT GROWTH (February 2020 - February 2021): $68.6M, (7.56%)
IMPORT GROWTH (February 2020 - February 2021): $98.9M, (21.8%)
This section shows exports and imports data at subnational level for Rio Grande do Sul. Click any date in the line plot, any subnational region in the geomap, or any product, destination or origin country to explore the exports or imports behavior of Rio Grande do Sul over time.
This section shows the differences between Rio Grande do Sul's total subnational aggregate trade throughout time. To explore the trade patterns of the country, visit Brazil's country profile.
Top Destination (2020): China, $4.33B
Top Product (2020): Soya beans: other than seed, whether..., $2.94B
In 2020 the top export destinations of Rio Grande Do Sul were China ($4.33B), United States ($1.23B), Argentina ($821M), Belgium ($440M), and Uruguay ($368M).
In 2020 the top exports of Rio Grande Do Sul were Soya beans: other than seed, whether... ($2.94B), Tobacco, unmanufactured, stemmed or stripped ($1.18B), Soya-bean oil-cake and other solid residues ($795M), Chem wood pulp, soda/sulphate, non-conifer, bleached ($643M), and Swine cuts, frozen nes ($599M).
Top Origin (2020): Argentina, $1.41B
Top Import (2020): Petroleum oils, oils from bituminous minerals,..., $818M
In 2020 the top import origins of Rio Grande Do Sul were Argentina ($1.41B), China ($982M), United States ($865M), Germany ($355M), and Algeria ($303M).
In 2020 the top imports of Rio Grande Do Sul were Petroleum oils, oils from bituminous minerals,... ($818M), Diesel powered trucks weighing < 5... ($633M), Potassium chloride, in packs >10 kg ($392M), Monoammonium phosphate & mix with diammonium,... ($317M), and Petroleum spirit for motor vehicles ($268M).
Rio Grande Do Sul ranks 3rd out of the 27 N/A 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 (0.13), Ground Nuts (0.13), Concentrated Milk (0.13), and Plywood (0.13).
The highest complexity exports of Rio Grande Do Sul according to the product complexity index (PCI) are Motor-working Tools (1.55), Carboxyimide Compounds (1.4), Ketones and Quinones (1.2), Knives (1.09), and Lifting Machinery (1.08). 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 (219), Raw Tobacco (147), Other Firearms (90.8), Soybeans (69.6), and Friction Material (38.7).
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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