São PauloState in Brazil
2020 Economic Complexity : 0.14, Rank 1 of 23
Jan 2023 Trade Exports | Imports: $4.77B | $6.14B, 1 of 28 | 1 of 28
Jan 2023 Country Destination | Origin: United States | China , $805M | $1.42B
Jan 2023 Product Exports | Imports: Light petroleum distillates nes | Light petroleum distillates nes , $461M | $219M
Overview This page contains the latest international trade data for São Paulo. In January 2023 São Paulo was the number 1 in total exports and the number 1 in total imports in Brazil.
Exports In 2022, Brazil's São Paulo exported $69.6B, making it the 1st largest exporter out of the 27 exporters in Brazil. In 2022 the top exports of São Paulo were Petroleum oils, oils from bituminous minerals,... ($6.13B), Sugars: cane sugar, raw, in solid... ($6.06B), Light petroleum distillates nes ($4.47B), Soya beans: other than seed, whether... ($3B), and Bovine cuts boneless, frozen ($2.68B).
Imports In 2022, Brazil's São Paulo imported $81.5B, making it the 1st largest importer out of the 27 importers in Brazil. In 2022 top imports of São Paulo were Light petroleum distillates nes ($3.97B), Petroleum oils, oils from bituminous minerals,... ($1.8B), Medicaments nes, in dosage ($1.61B), Herbicides, anti-sprouting products and plant-growth regulators ($1.36B), and Transmissions for motor vehicles ($1.25B).
Economic Complexity In 2020, the highest complexity exports of São Paulo according to the product complexity index (PCI) are Motor vehicle (8701 to 8705) chassis... (0.73), Rosin (0.048), Leather of Other Animals (-0.87), Fruit Juice (-0.95), and Alcohol > 80% ABV (-1.01). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
January, 2023
Overview In January 2023 São Paulo exported $4.77B and imported $6.14B, resulting in a negative trade balance of $1.37B. Between January 2022 and January 2023 the exports of São Paulo have increased by $795M (20%) from $3.97B to $4.77B, while imports increased by $825M (15.5%) from $5.32B to $6.14B.
Trade In January 2023, the top exports of São Paulo were Refined Petroleum ($463M), Raw Sugar ($415M), Large Construction Vehicles ($227M), Cars ($204M), and Frozen Bovine Meat ($187M). In January 2023 the top imports of São Paulo were Motor vehicles; parts and accessories (8701... ($279M), Pesticides ($233M), Telephones ($231M), Refined Petroleum ($223M), and Nitrogen Heterocyclic Compounds ($207M).
Destinations In January 2023, São Paulo exported mostly to United States ($805M), Argentina ($485M), China ($458M), Singapore ($301M), and Chile ($215M), and imported mostly from China ($1.42B), United States ($980M), Germany ($565M), India ($229M), and Mexico ($215M).
Growth In January 2023, the increase in São Paulo's year-by-year exports was explained primarily by an increase in exports to United States ($183M or 44.3%), China ($139M or 51%), and India ($101M or 165%), and product exports increase in Crude Petroleum ($238M or 167%), Refined Petroleum ($76.3M or 43.8%), and Sulfate Chemical Woodpulp ($63.3M or 152%). In January 2023, the increase in São Paulo's year-by-year imports was explained primarily by an increase in imports from China ($297M or 27.1%), United States ($134M or 17.4%), and Germany ($25.8M or 6.35%), and product imports increase in Other Organo-Inorganic Compounds ($71.1M or 317%), Refined Petroleum ($67.3M or 109%), and Semiconductor Devices ($36.7M or 73.1%).
EXPORT GROWTH (January 2022 - January 2023): $795M, (20%)
IMPORT GROWTH (January 2022 - January 2023): $825M, (15.5%)
This section shows exports and imports data at subnational level for São Paulo. 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 São Paulo over time.
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Top Destination (2022): United States, $11.8B
Top Product (2022): Petroleum oils, oils from bituminous minerals,..., $6.13B
In 2022 the top export destinations of São Paulo were United States ($11.8B), China ($10.9B), Argentina ($6.58B), Chile ($3.03B), and Netherlands ($2.47B).
In 2022 the top exports of São Paulo were Petroleum oils, oils from bituminous minerals,... ($6.13B), Sugars: cane sugar, raw, in solid... ($6.06B), Light petroleum distillates nes ($4.47B), Soya beans: other than seed, whether... ($3B), and Bovine cuts boneless, frozen ($2.68B).
Top Origin (2022): China, $18.3B
Top Import (2022): Light petroleum distillates nes, $3.97B
In 2022 the top import origins of São Paulo were China ($18.3B), United States ($14.8B), Germany ($6.23B), India ($3.74B), and South Korea ($2.81B).
In 2022 the top imports of São Paulo were Light petroleum distillates nes ($3.97B), Petroleum oils, oils from bituminous minerals,... ($1.8B), Medicaments nes, in dosage ($1.61B), Herbicides, anti-sprouting products and plant-growth regulators ($1.36B), and Transmissions for motor vehicles ($1.25B).
Economic Complexity (2022): 0.14
São Paulo ranks 1st 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. São Paulo it is in position 1st considering its ECI in the last year.
The top export opportunities according to the relatedness level, without considering those products were São Paulo already has a comparative advantage, are led by Hydrogen peroxide (0.21), Ethers (0.21), Iron Ore (0.21), Pig Meat (0.21), and Scented Mixtures (0.21).
The highest complexity exports of São Paulo according to the product complexity index (PCI) are Motor vehicle (8701 to 8705) chassis... (0.73), Rosin (0.048), Leather of Other Animals (-0.87), Fruit Juice (-0.95), and Alcohol > 80% ABV (-1.01). 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 Ground Nut Oil (134.9), Raw Sugar (78.4), Alcohol > 80% ABV (37.5), Fruit Juice (35.0), and Leather of Other Animals (31.9).
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 São Paulo 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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