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Overview This page contains the latest international trade data for Rio Grande do Sul. In December 2023 Rio Grande do Sul was the number 6 in total exports and the number 6 in total imports in Brazil.

Exports In 2023, Brazil's Rio Grande Do Sul exported $22.6B, making it the 6th largest exporter out of the 27 exporters in Brazil. In 2023 the top exports of Rio Grande Do Sul were Soya beans: other than seed, whether... ($4.05B), Tobacco, unmanufactured, stemmed or stripped ($2.28B), Soya-bean oil-cake and other solid residues ($1.81B), Chem wood pulp, soda/sulphate, non-conifer, bleached ($833M), and Chicken Meat Cuts & Organs (Frozen) ($792M).

Imports In 2023, Brazil's Rio Grande Do Sul imported $16B, making it the 6th largest importer out of the 27 importers in Brazil. In 2023 top imports of Rio Grande Do Sul were Petroleum oils, oils from bituminous minerals,... ($2.43B), Diesel Trucks < 5 tonnes ($1.14B), Petroleum spirit for motor vehicles ($959M), Potassium chloride, in packs >10 kg ($683M), and Monoammonium phosphate & mix with diammonium,... ($628M).

Economic Complexity In 2023, the highest complexity exports of Rio Grande Do Sul according to the product complexity index (PCI) are Motor-working Tools (1.28), Liquid Dispersing Machines (1.06), Tractors (1.01), Vehicle Bodies (including cabs) for the... (1), Compounded Unvulcanised Rubber (0.92), Knives (0.89), Harvesting Machinery (0.77), Trailers and semi-trailers, not mechanically propelled... (0.74), Soil Preparation Machinery (0.72), and Used Rubber Tires (0.71). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Historical Data

Yearly Exports

Color
Depth
Top Destination (2023)China$5.47B

In 2023 the top export destinations of Rio Grande Do Sul were China ($5.47B), United States ($2B), Argentina ($1.1B), Vietnam ($710M), and Belgium ($681M).

In 2023 the top exports of Rio Grande Do Sul were Soya beans: other than seed, whether... ($4.05B), Tobacco, unmanufactured, stemmed or stripped ($2.28B), Soya-bean oil-cake and other solid residues ($1.81B), Chem wood pulp, soda/sulphate, non-conifer, bleached ($833M), and Chicken Meat Cuts & Organs (Frozen) ($792M).

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Exports Dynamics

Fastest Growing Exports Destination (Dec 2022 - Dec 2023)
Philippines $38.1M (599%)
South Korea $37.7M (153%)
Iran $26.7M (65.9%)
Rapidly Declining Export Origins (Dec 2022 - Dec 2023)
Saudi Arabia -$55.3M (-75.5%)
Indonesia -$52.5M (-80%)
India -$49.1M (-62.4%)

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Yearly Imports

Color
Depth
Top Origin (2023)Argentina$2.85B

In 2023 the top import origins of Rio Grande Do Sul were Argentina ($2.85B), China ($1.79B), United States ($1.5B), Algeria ($1.44B), and Russia ($624M).

In 2023 the top imports of Rio Grande Do Sul were Petroleum oils, oils from bituminous minerals,... ($2.43B), Diesel Trucks < 5 tonnes ($1.14B), Petroleum spirit for motor vehicles ($959M), Potassium chloride, in packs >10 kg ($683M), and Monoammonium phosphate & mix with diammonium,... ($628M).

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Imports Dynamics

Fastest Growing Import Origins (Dec 2022 - Dec 2023)
Morocco $12.7M (25.8k%)
Canada $9.33M (87%)
Peru $4.27M (835%)
Rapidly Declining Import Origins (Dec 2022 - Dec 2023)
Russia -$215M (-99.9%)
Algeria -$185M (-77%)
Nigeria -$145M (-99.6%)

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Economic Complexity

Economic Complexity of Rio Grande Do Sul

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Economic Complexity (2023)-0.16

Rio Grande Do Sul ranks 4th 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

Value

The economic complexity of a territory can change year to year. Rio Grande Do Sul it is in position 4th considering its ECI in the last year.

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Export Opportunities by Relatedness

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 Bovine Meat (0.17), Butter (0.16), Concentrated Milk (0.15), Raw Furskins (0.15), and Plywood (0.15).

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Most Complex Products by PCI

The highest complexity exports of Rio Grande Do Sul according to the product complexity index (PCI) are Motor-working Tools (1.28), Liquid Dispersing Machines (1.06), Tractors (1.01), Vehicle Bodies (including cabs) for the... (1), Compounded Unvulcanised Rubber (0.92), Knives (0.89), Harvesting Machinery (0.77), Trailers and semi-trailers, not mechanically propelled... (0.74), Soil Preparation Machinery (0.72), and Used Rubber Tires (0.71). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

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Most Specialized Products by RCA Index

The most specialized products according to the RCA index are led by Raw Tobacco (225.53), Leather of Other Animals (171.31), Other Firearms (109.69), Soybean Meal (58.00), and Soybeans (51.77).

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Product Space

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.

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Relatedness Space

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.

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Diversification Frontier

Depth
Filter

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.

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