Amazonas | The Observatory of Economic Complexity

Amazonas

State in Brazil

2023
Economic
Complexity -0.27Rank 6 of 23

Feb 2024
Trade
Exports | Imports $72.6M | $1.36B20 of 28 | 4 of 28

Feb 2024
Country
Destination | Origin Germany | China $13.1M | $479M

Image 1

Image by Henri Bergius
Link: https://flic.kr/p/7Hc17g

Latest Trends
Historical Data
Economic Complexity

About

Overview This page contains the latest international trade data for Amazonas. In February 2024 Amazonas was the number 20 in total exports and the number 7 in total imports in Brazil.

Exports In 2023, Brazil's Amazonas exported $904M, making it the 20th largest exporter out of the 27 exporters in Brazil. In 2023 the top exports of Amazonas were Food preparations nes ($192M), Motorcycles, Spark ignition 50-250 cc ($111M), Light petroleum distillates nes ($108M), Gold, semi-manufactured forms, non-monetary ($78.4M), and Ferro-niobium ($75M).

Imports In 2023, Brazil's Amazonas imported $14.2B, making it the 7th largest importer out of the 27 importers in Brazil. In 2023 top imports of Amazonas were Electronic integrated circuits: processors and controllers,... ($1.55B), LCD display modules with touch, drivers,... ($969M), Light petroleum distillates nes ($907M), Electronic integrated circuits: n.e.c. in heading... ($567M), and Communication apparatus parts, excluding aerials ($558M).

Economic Complexity In 2023, the highest complexity exports of Amazonas according to the product complexity index (PCI) are Razor Blades (N/A), Transmissions (1.51), Telephones (1.24), Thermostats (1.1), Engine Parts (0.67), Utility Meters (0.56), Motorcycles and cycles (0.53), Shaving Products (0.21), Other Edible Preparations (0.063), and Tin Ores (N/A). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Latest Trends

February, 2024

About

Overview In February 2024 Amazonas exported $72.6M and imported $1.36B, resulting in a negative trade balance of $1.29B. Between February 2023 and February 2024 the exports of Amazonas have increased by $13.6M (23%) from $59M to $72.6M, while imports increased by $377M (38.4%) from $982M to $1.36B.

Trade In February 2024, the top exports of Amazonas were Other Edible Preparations ($17.4M), Motorcycles and cycles ($13.1M), Gold ($13.1M), Scrap Iron ($3.14M), and Malt Extract ($2.43M). In February 2024 the top imports of Amazonas were Integrated Circuits ($294M), Refined Petroleum ($174M), Flat panel displays ($97.8M), Bi-Wheel Vehicle Parts ($54.1M), and Ethylene Polymers ($48.9M).

Destinations In February 2024, Amazonas exported mostly to Germany ($13.1M), Argentina ($9.39M), Venezuela ($9.09M), Colombia ($7.86M), and Bolivia ($7.26M), and imported mostly from China ($479M), Russia ($144M), United States ($139M), Vietnam ($117M), and South Korea ($99M).

Growth In February 2024, the increase in Amazonas's year-by-year exports was explained primarily by an increase in exports to Germany ($9.13M or 12.2k%), Colombia ($2.72M or 36.1%), and Australia ($2.04M or 1.39k%), and product exports increase in Gold ($9.25M or 218k%), Motorcycles and cycles ($9.12M or 114%), and Integrated Circuits ($1.15M or 175%). In February 2024, the increase in Amazonas's year-by-year imports was explained primarily by an increase in imports from United States ($15.4M or 11%), Belgium ($15.2M or 1.05k%), and India ($14.5M or 109%), and product imports increase in Platinum ($20M or 53.7%), Integrated Circuits ($16.6M or 7.04%), and Ethylene Polymers ($16.2M or 27.7%).

Latest Data

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

Product

EXPORT GROWTH (February 2023 - February 2024)$13.6M(23%)

IMPORT GROWTH (February 2023 - February 2024)$377M(38.4%)

This section shows exports and imports data at subnational level for Amazonas. 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 Amazonas over time.

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Historical Data

Yearly Exports

Color

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

Year

Top Destination (2023)Colombia$103M

Top Product (2023)Food preparations nes$192M

In 2023 the top export destinations of Amazonas were Colombia ($103M), Argentina ($98M), Venezuela ($96.7M), Germany ($81.5M), and China ($76.6M).

In 2023 the top exports of Amazonas were Food preparations nes ($192M), Motorcycles, Spark ignition 50-250 cc ($111M), Light petroleum distillates nes ($108M), Gold, semi-manufactured forms, non-monetary ($78.4M), and Ferro-niobium ($75M).

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Exports Dynamics

Starting Date

Ending Date

Fastest Growing Exports Destination (Feb 2023 - Feb 2024)

Germany $12.6M (2.3k%)

Bolivia $3.09M (74.1%)

Venezuela $2.91M (47.1%)

Rapidly Declining Export Origins (Feb 2023 - Feb 2024)

China -$4.46M (-56.3%)

Paraguay -$1.36M (-68%)

Australia -$1.21M (-87.7%)

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Yearly Imports

Color

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

Year

Top Origin (2023)China$4.79B

Top Import (2023)Electronic integrated circuits: processors and controllers,...$1.55B

In 2023 the top import origins of Amazonas were China ($4.79B), United States ($1.31B), Vietnam ($1.01B), South Korea ($910M), and Taiwan ($713M).

In 2023 the top imports of Amazonas were Electronic integrated circuits: processors and controllers,... ($1.55B), LCD display modules with touch, drivers,... ($969M), Light petroleum distillates nes ($907M), Electronic integrated circuits: n.e.c. in heading... ($567M), and Communication apparatus parts, excluding aerials ($558M).

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Imports Dynamics

Starting Date

Ending Date

Fastest Growing Import Origins (Feb 2023 - Feb 2024)

Russia $144M (4.89M%)

China $110M (30%)

Vietnam $40.5M (52.7%)

Rapidly Declining Import Origins (Feb 2023 - Feb 2024)

Belgium -$14.1M (-60.9%)

United States -$13M (-8.55%)

United Arab Emirates -$9.6M (-99.2%)

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Economic Complexity

Economic Complexity of Amazonas

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Geomap

Treemap

Economic Complexity (2023)-0.27

Amazonas ranks 6th 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

Ranking

Value

The economic complexity of a territory can change year to year. Amazonas it is in position 6th 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 Amazonas already has a comparative advantage, are led by Palm Oil (0.081), Cocoa Beans (0.078), Tropical Fruits (0.076), Other Oily Seeds (0.075), and Other Edible Animal Products (0.075).

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Most Complex Products by PCI

The highest complexity exports of Amazonas according to the product complexity index (PCI) are Razor Blades (N/A), Transmissions (1.51), Telephones (1.24), Thermostats (1.1), Engine Parts (0.67), Utility Meters (0.56), Motorcycles and cycles (0.53), Shaving Products (0.21), Other Edible Preparations (0.063), and Tin Ores (N/A). 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 Razor Blades (147.54), Other Edible Preparations (81.19), Motorcycles and cycles (78.11), Tin Ores (68.57), and Malt Extract (41.43).

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Product Space

RCA Filter

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

Section

HS2

HS4

Filter

All

RCA≤1

RCA>1

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.