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Overview This page contains the latest international trade data for Tocantins. In December 2023 Tocantins was the number 14 in total exports and the number 24 in total imports in Brazil.

Exports In 2023, Brazil's Tocantins exported $3.09B, making it the 14th largest exporter out of the 27 exporters in Brazil. In 2023 the top exports of Tocantins were Soya beans: other than seed, whether... ($1.91B), Maize except seed corn ($448M), Frozen Boneless Beef Cuts ($381M), Soya-bean oil-cake and other solid residues ($117M), and Gold in unwrought forms non-monetary ($30.1M).

Imports In 2023, Brazil's Tocantins imported $881M, making it the 24th largest importer out of the 27 importers in Brazil. In 2023 top imports of Tocantins were Petroleum spirit for motor vehicles ($68.7M), Coal tar distillation products nes ($36.4M), Potassium chloride, in packs >10 kg ($27.1M), Monoammonium phosphate & mix with diammonium,... ($13.2M), and Urea, including aqueous solution in packs... ($12.5M).

Economic Complexity In 2023, the highest complexity exports of Tocantins according to the product complexity index (PCI) are Peptones (0.59), Gelatin (-0.27), Eggs (-0.41), Bovine Meat (-0.54), Edible Offal (-0.55), Bovine, Sheep, and Goat Fat (-0.64), Other Inedible Animal Products (-0.87), Animal Organs (-0.9), Corn (-1.12), and Soybean Meal (-1.17). 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$1.85B

In 2023 the top export destinations of Tocantins were China ($1.85B), Spain ($242M), Saudi Arabia ($93.9M), Turkey ($65.6M), and Thailand ($64.6M).

In 2023 the top exports of Tocantins were Soya beans: other than seed, whether... ($1.91B), Maize except seed corn ($448M), Frozen Boneless Beef Cuts ($381M), Soya-bean oil-cake and other solid residues ($117M), and Gold in unwrought forms non-monetary ($30.1M).

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Exports Dynamics

Fastest Growing Exports Destination (Dec 2022 - Dec 2023)
Jordan $4.52M (795%)
Vietnam $3.57M (452%)
Thailand $2.25M (46.6k%)
Rapidly Declining Export Origins (Dec 2022 - Dec 2023)
Spain -$25.6M (-90.1%)
China -$16.2M (-23.7%)
Malaysia -$8.4M (-89.1%)

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Yearly Imports

Color
Depth
Top Origin (2023)Russia$87.4M

In 2023 the top import origins of Tocantins were Russia ($87.4M), China ($41.5M), Belgium ($37.6M), Estonia ($17.7M), and United States ($16.2M).

In 2023 the top imports of Tocantins were Petroleum spirit for motor vehicles ($68.7M), Coal tar distillation products nes ($36.4M), Potassium chloride, in packs >10 kg ($27.1M), Monoammonium phosphate & mix with diammonium,... ($13.2M), and Urea, including aqueous solution in packs... ($12.5M).

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Imports Dynamics

Fastest Growing Import Origins (Dec 2022 - Dec 2023)
Indonesia $175k (17.8%)
China $147k (3.78%)
Hong Kong $109k (1.34k%)
Rapidly Declining Import Origins (Dec 2022 - Dec 2023)
Russia -$34.9M (-83.7%)
United States -$3.17M (-78.6%)
Turkey -$1.68M (-92.6%)

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Economic Complexity

Economic Complexity of Tocantins

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Economic Complexity (2023)-1.2

Tocantins ranks 19th 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. Tocantins it is in position 19th 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 Tocantins already has a comparative advantage, are led by Gold (0.028), Rice (0.027), Soybean Oil (0.026), Copper Ore (0.023), and Tanned Equine and Bovine Hides (0.023).

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Most Complex Products by PCI

The highest complexity exports of Tocantins according to the product complexity index (PCI) are Peptones (0.59), Gelatin (-0.27), Eggs (-0.41), Bovine Meat (-0.54), Edible Offal (-0.55), Bovine, Sheep, and Goat Fat (-0.64), Other Inedible Animal Products (-0.87), Animal Organs (-0.9), Corn (-1.12), and Soybean Meal (-1.17). 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 Soybeans (164.36), Frozen Bovine Meat (80.94), Corn (57.77), Peptones (38.71), and Other Oily Seeds (29.80).

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