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Overview This page contains the latest international trade data for Rondônia. In February 2024 Rondônia was the number 15 in total exports and the number 20 in total imports in Brazil.

Exports In 2023, Brazil's Rondônia exported $2.34B, making it the 15th largest exporter out of the 27 exporters in Brazil. In 2023 the top exports of Rondônia were Soya beans: other than seed, whether... ($1.14B), Frozen Boneless Beef Cuts ($777M), Maize except seed corn ($180M), Fresh/Chilled Boneless Beef Cuts ($123M), and Tin not alloyed unwrought ($53.2M).

Imports In 2023, Brazil's Rondônia imported $719M, making it the 20th largest importer out of the 27 importers in Brazil. In 2023 top imports of Rondônia were Electric Generators (not powered by traditional... ($154M), Potassium chloride, in packs >10 kg ($31.8M), Garlic (Fresh/Chilled) ($22M), Petroleum bitumen ($18.8M), and Float glass etc in sheets, non-wired,... ($18.1M).

Economic Complexity In 2023, the highest complexity exports of Rondônia according to the product complexity index (PCI) are Glycerol (-0.26), Bovine Meat (-0.54), Edible Offal (-0.55), Raw Tin (-0.62), Bovine, Sheep, and Goat Fat (-0.64), Plywood (-0.83), Other Inedible Animal Products (-0.87), Animal Organs (-0.9), Shaped Wood (-0.91), and Sawn Wood (-1.01). 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$533M

In 2023 the top export destinations of Rondônia were China ($533M), Turkey ($226M), Spain ($201M), Mexico ($149M), and Algeria ($140M).

In 2023 the top exports of Rondônia were Soya beans: other than seed, whether... ($1.14B), Frozen Boneless Beef Cuts ($777M), Maize except seed corn ($180M), Fresh/Chilled Boneless Beef Cuts ($123M), and Tin not alloyed unwrought ($53.2M).

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Exports Dynamics

Fastest Growing Exports Destination (Feb 2023 - Feb 2024)
China $67.2M (288%)
Mexico $3.66M (11.9k%)
Rapidly Declining Export Origins (Feb 2023 - Feb 2024)
Spain -$44.4M (-68.6%)
Argentina -$9.16M (-99.9%)
Saudi Arabia -$8.17M (-74.1%)

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Yearly Imports

Color
Depth
Top Origin (2023)China$536M

In 2023 the top import origins of Rondônia were China ($536M), Argentina ($63M), United States ($52M), Israel ($38.8M), and India ($32.1M).

In 2023 the top imports of Rondônia were Electric Generators (not powered by traditional... ($154M), Potassium chloride, in packs >10 kg ($31.8M), Garlic (Fresh/Chilled) ($22M), Petroleum bitumen ($18.8M), and Float glass etc in sheets, non-wired,... ($18.1M).

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Imports Dynamics

Fastest Growing Import Origins (Feb 2023 - Feb 2024)
China $10.4M (39.8%)
Argentina $9.77M (183%)
United States $3.18M (78.9%)
Rapidly Declining Import Origins (Feb 2023 - Feb 2024)
Norway -$551k (-97.6%)
Hong Kong -$435k (-42.5%)
Canada -$393k (-84.8%)

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Economic Complexity

Economic Complexity of Rondônia

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Economic Complexity (2023)-1.26

Rondônia ranks 20th 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. Rondônia it is in position 20th 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 Rondônia already has a comparative advantage, are led by Iron Ore (0.044), Rice (0.04), Gold (0.039), Soybean Meal (0.039), and Dried Legumes (0.038).

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Most Complex Products by PCI

The highest complexity exports of Rondônia according to the product complexity index (PCI) are Glycerol (-0.26), Bovine Meat (-0.54), Edible Offal (-0.55), Raw Tin (-0.62), Bovine, Sheep, and Goat Fat (-0.64), Plywood (-0.83), Other Inedible Animal Products (-0.87), Animal Organs (-0.9), Shaped Wood (-0.91), and Sawn Wood (-1.01). 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 Frozen Bovine Meat (199.91), Soybeans (116.80), Raw Tin (66.98), Tin Ores (60.16), and Bovine, Sheep, and Goat Fat (41.34).

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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 Rondônia 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  Rondônia. These are products that tend to be co-exported with the products that Rondônia 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
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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.

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