Santa CatarinaState in Brazil
2020 Economic Complexity : -0.0034, Rank 3 of 23
Jan 2023 Trade Exports | Imports: $850M | $2.37B, 9 of 28 | 2 of 28
Jan 2023 Country Destination | Origin: China | China , $132M | $963M
Jan 2023 Product Exports | Imports: Meat and edible offal: of fowls of the... | Copper cathodes and sections of cathodes unwrought , $148M | $74M
Overview This page contains the latest international trade data for Santa Catarina. In January 2023 Santa Catarina was the number 10 in total exports and the number 2 in total imports in Brazil.
Exports In 2022, Brazil's Santa Catarina exported $12B, making it the 10th largest exporter out of the 27 exporters in Brazil. In 2022 the top exports of Santa Catarina were Meat and edible offal: of fowls... ($1.53B), Swine cuts, frozen nes ($1.31B), Soya beans: other than seed, whether... ($642M), Parts for diesel and semi-diesel engines ($529M), and AC motors, multi-phase, of an output... ($380M).
Imports In 2022, Brazil's Santa Catarina imported $29B, making it the 2nd largest importer out of the 27 importers in Brazil. In 2022 top imports of Santa Catarina were Copper cathodes and sections of cathodes... ($1.2B), Urea, including aqueous solution in packs... ($775M), Photovoltaic cells assembled in modules or... ($514M), Static converters, nes ($415M), and Photosensitive/photovoltaic/LED semiconductor devices ($294M).
Economic Complexity In 2020, the highest complexity exports of Santa Catarina according to the product complexity index (PCI) are Pig Meat (0.76), Preserved Meat (0.2), Gelatin (0.06), Poultry Meat (-0.076), and Kraft Paper (-0.27). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
January, 2023
Overview In January 2023 Santa Catarina exported $850M and imported $2.37B, resulting in a negative trade balance of $1.52B. Between January 2022 and January 2023 the exports of Santa Catarina have increased by $68.1M (8.7%) from $782M to $850M, while imports increased by $129M (5.78%) from $2.24B to $2.37B.
Trade In January 2023, the top exports of Santa Catarina were Poultry Meat ($179M), Pig Meat ($115M), Engine Parts ($43.2M), Electric Motors ($32M), and Other Prepared Meat ($22.3M). In January 2023 the top imports of Santa Catarina were Coated Flat-Rolled Iron ($77.4M), Refined Copper ($75M), Rubber Tires ($57M), Ethylene Polymers ($54.6M), and Motor vehicles; parts and accessories (8701... ($45.8M).
Destinations In January 2023, Santa Catarina exported mostly to China ($132M), United States ($112M), Argentina ($49.7M), Mexico ($45.6M), and Chile ($41.9M), and imported mostly from China ($963M), United States ($185M), Chile ($135M), Argentina ($114M), and Germany ($107M).
Growth In January 2023, the increase in Santa Catarina's year-by-year exports was explained primarily by an increase in exports to United States ($34.1M or 34.4%), China ($31.4M or 51.3%), and United Kingdom ($18.6M or 167%), and product exports increase in Poultry Meat ($45.1M or 54%), Pig Meat ($24.3M or 35.7%), and Electric Motors ($19.7M or 129%). In January 2023, the increase in Santa Catarina's year-by-year imports was explained primarily by an increase in imports from China ($364M or 52.7%), Chile ($21.7M or 16%), and Argentina ($20.9M or 28%), and product imports increase in Semiconductor Devices ($71.1M or 222%), Coated Flat-Rolled Iron ($30.5M or 61.5%), and Electrical Transformers ($19.8M or 97.4%).
EXPORT GROWTH (January 2022 - January 2023): $68.1M, (8.7%)
IMPORT GROWTH (January 2022 - January 2023): $129M, (5.78%)
This section shows exports and imports data at subnational level for Santa Catarina. 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 Santa Catarina over time.
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Top Destination (2022): United States, $2.15B
Top Product (2022): Meat and edible offal: of fowls..., $1.53B
In 2022 the top export destinations of Santa Catarina were United States ($2.15B), China ($1.64B), Argentina ($820M), Chile ($605M), and Mexico ($493M).
In 2022 the top exports of Santa Catarina were Meat and edible offal: of fowls... ($1.53B), Swine cuts, frozen nes ($1.31B), Soya beans: other than seed, whether... ($642M), Parts for diesel and semi-diesel engines ($529M), and AC motors, multi-phase, of an output... ($380M).
Fastest Growing Exports Destination (Jan 2022 - Jan 2023)
Rapidly Declining Export Origins (Jan 2022 - Jan 2023)
Top Origin (2022): China, $11.5B
Top Import (2022): Copper cathodes and sections of cathodes..., $1.2B
In 2022 the top import origins of Santa Catarina were China ($11.5B), Chile ($1.91B), United States ($1.83B), Argentina ($1.8B), and Germany ($1.15B).
In 2022 the top imports of Santa Catarina were Copper cathodes and sections of cathodes... ($1.2B), Urea, including aqueous solution in packs... ($775M), Photovoltaic cells assembled in modules or... ($514M), Static converters, nes ($415M), and Photosensitive/photovoltaic/LED semiconductor devices ($294M).
Economic Complexity (2022): -0.0034
Santa Catarina ranks 3rd 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.
The economic complexity of a territory can change year to year. Santa Catarina 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 Santa Catarina already has a comparative advantage, are led by Bovine Meat (0.16), Aluminium Cans (0.16), Metal Stoppers (0.16), Plastic Building Materials (0.16), and Processed Cereals (0.16).
The highest complexity exports of Santa Catarina according to the product complexity index (PCI) are Pig Meat (0.76), Preserved Meat (0.2), Gelatin (0.06), Poultry Meat (-0.076), and Kraft Paper (-0.27). 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 Poultry Meat (121.3), Leather of Other Animals (109.6), Gelatin (108.5), Pig Meat (68.0), and Chlorates and Perchlorates (62.1).
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 Santa Catarina 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. Bubble size corresponds to exports value by year 2020.
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