TocantinsState in Brazil
Exports (2019): $1.11B, Rnk 17/27
Top Destination (2019): $629M, China
Top Export (2019): $773M, Soya beans: other than seed, whether...
Imports (2019): $168M, Rnk 24/27
Top Origin (2019): $44.6M, China
Top Import (2019): $45M, Potassium chloride, in packs >10 kg
Economic Complexity (2019): -0.86, Rnk 15 / 27
Exports: In 2019, Brazil's Tocantins exported $1.11B, making it the 17th largest exporter out of the 27 exporters in Brazil. In 2019 the top exports of Tocantins were Soya beans: other than seed, whether... ($773M), Bovine cuts boneless, frozen ($155M), Maize except seed corn ($78.5M), Soya-bean oil-cake and other solid residues ($35.8M), and Bovine cuts boneless, fresh or chilled ($21.5M).
Imports: In 2019, Brazil's Tocantins imported $168M, making it the 24th largest importer out of the 27 importers in Brazil. In 2019 top imports of Tocantins were Potassium chloride, in packs >10 kg ($45M), Monoammonium phosphate & mix with diammonium,... ($22.5M), Parts of frames and mountings for... ($13M), Petroleum spirit for motor vehicles ($9.77M), and Methyl alcohol ($6.95M).
Economic Complexity: In 2019, the highest complexity exports of Tocantins according to the product complexity index (PCI) are Peptones (0.46), Bovine Meat (-0.43), Edible Offal (-0.49), Frozen Bovine Meat (-0.62), and Other Inedible Animal Products (-0.67). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Top Destination (2019): China, $629M
Top Product (2019): Soya beans: other than seed, whether..., $773M
In 2019 the top export destinations of Tocantins were China ($629M), Spain ($75.9M), Hong Kong ($59.7M), Egypt ($43.3M), and Thailand ($36M).
In 2019 the top exports of Tocantins were Soya beans: other than seed, whether... ($773M), Bovine cuts boneless, frozen ($155M), Maize except seed corn ($78.5M), Soya-bean oil-cake and other solid residues ($35.8M), and Bovine cuts boneless, fresh or chilled ($21.5M).
Fastest Growing Exports Destination (May 2019 - May 2020)
Rapidly Declining Export Origins (May 2019 - May 2020)
Top Origin (2019): China, $44.6M
Top Import (2019): Potassium chloride, in packs >10 kg, $45M
In 2019 the top import origins of Tocantins were China ($44.6M), Russia ($34.5M), Germany ($15.4M), Saudi Arabia ($14.2M), and United States ($8.46M).
In 2019 the top imports of Tocantins were Potassium chloride, in packs >10 kg ($45M), Monoammonium phosphate & mix with diammonium,... ($22.5M), Parts of frames and mountings for... ($13M), Petroleum spirit for motor vehicles ($9.77M), and Methyl alcohol ($6.95M).
This section shows differences between total trade from Tocantins throughout time.
The states of Brazil with the highest exports in 2019 were São Paulo ($48.9B), Rio De Janeiro ($28.6B), Minas Gerais ($25.1B), Rio Grande Do Sul ($18.5B), and Pará ($17.8B)
The states of Brazil with the highest imports in 2019 were São Paulo ($59.3B), Rio De Janeiro ($21.2B), Santa Catarina ($16.9B), Paraná ($12.7B), and Amazonas ($10.2B)
This section shows forecasts for total exports and imports from Tocantins. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.
Tocantins ranks 15th out of the 27 states in Brazil according to ECI.
Estimated using exports data.
The economic complexity of a territory can change year to year. Tocantins it is in position 15th considering its ECI in the last year.
The top export opportunities according to the relatedness level, without considering those products were Tocantins already has a comparative advantage, are led by Rice (0.028), Gold (0.023), Rough Wood (0.02), Cassava (0.018), and Fruit Juice (0.018).
The highest complexity exports of Tocantins according to the product complexity index (PCI) are Peptones (0.46), Bovine Meat (-0.43), Edible Offal (-0.49), Frozen Bovine Meat (-0.62), and Other Inedible Animal Products (-0.67). 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 Soybeans (205), Frozen Bovine Meat (104), Corn (37.6), Animal Organs (37.1), and Peptones (27.7).
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.
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.
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