São Paulo and Foreign Trade
In 2021, the state of São Paulo led the import and export numbers, helping Brazil to regain good numbers in the market.
Today on Modal’s blog we will show you how the largest financial and corporate center in Latin America did in 2021.
You will see in this post:
- Overview
- Import 2021
- Export 2021
Overview
São Paulo had an overall contribution to imports of 30.6% (US$67 million FOB) and a 19.3% (US$54 million FOB) share of exports. Despite the growth compared to 2020, São Paulo had a deficit of US$ 13 million comparing Imports vs Exports.
Import 2021
Imports from the state of São Paulo grew by 24.1% compared to 2020, ranking first in the country.
Check out the ranking of the 10 states that most imported in 2021:
- São Paulo – FOB value US$ 67.2 billion – 30.6% share;
- Santa Catarina – FOB value US$ 24.9 billion – 11.4% share;
- Rio de Janeiro – FOB value US$ 22.4 billion – 10.2% share
- Paraná – FOB value US$ 17 billion – 7.74% share;
- Amazonas – FOB value US$ 13.2 billion – 6.028% share;
- Minas Gerais – FOB value US$ 13.1 billion – 5.95% share;
- Rio Grande do Sul – FOB value US$ 11.7 billion – 5.35% share;
- Bahia – FOB value US$ 8.1 billion – 3.67% share;
- Pernambuco – FOB value US$ 6.6 billion – 3.026% share;
- Espírito Santo – FOB value US$ 6.5 billion – 2.97% share.
Most imported products:
- Organo-inorganic compounds – FOB value US$ 4.1 billion – Industry share 6.3% – Overall share 6.1%;
- Automotive vehicle parts and accessories – FOB value US$ 3.5 billion – Industry share 5.4% – Overall share 5.2%;
- Other Products – Manufacturing Industry – FOB value US$ 3.2 billion – Industry share 4.9% – Overall share 4.7%;
- Insecticides – FOB value US$ 2.9 billion – Industry share 4.4% – Overall share 4.3%;
- Telecommunications equipment – FOB value US$ 2.8 billion – Industry share 4.3% – Overall share 4.2%;
- Medicines and pharmaceutical products – FOB value US$ 2.8 billion – Industry share 4.3% – Overall share 4.1%;
- Thermionic valves and tubes – FOB value US$ 2.7 billion – Industry share 4.2% – Overall share 4.1%;
- Other medicines, including veterinarians – FOB value US$ 2.1 billion – Industry share 3.2% – Overall share 3.1%;
- Fertilizers – FOB value US$ 1.72 billion – Industry share 2.7% – Overall share 2.6%;
- Petroleum fuel oils or bituminous minerals – FOB value US$ 1.63 billion – Industry share 2.5% – Overall share 2.4%;
Export 2021
Exports from the state of São Paulo grew by 27.1% compared to 2020, ranking first in the country.
Check out the ranking of the 10 states that exported the most in 2021:
Exports from the state of São Paulo grew by 27.1% compared to 2020, ranking first in the country.
Check out the ranking of the 10 states that exported the most in 2021:
- São Paulo – FOB value US$ 54.1 billion – 19.3% share
- Minas Gerais – FOB value US$ 38.3 billion – 13.7% share
- Rio de Janeiro – FOB value US$ 33.3 billion – 11.9% share
- Pará – FOB value US$ 29.5 billion – 10.5% share
- Mato Grosso – FOB value US$ 21.7 billion – 7.74% share
- Rio Grande do Sul – FOB value US$ 21.1 billion – 7.55% share
- Paraná – FOB value US 19 billion – 6.80% share
- Santa Catarina – FOB value US$ 10.3 billion – 3.68% share
- Bahia – FOB value US$ 9.9 billion – 3.55% share
- Espírito Santo – FOB value US$ 9.8 billion – 3.49% share
Most exported products:
- Sugars and molasses – FOB value US$ 5.7 billion – Industry share 12% – Overall share 10%;
- Crude Oils – FOB value US$ 4.4 billion – Industry share 99% – Overall share 8.2%;
- Petroleum Fuel Oils – FOB value US$ 3.2 billion – Industry share 7.1% – Overall share 6%;
- Aircraft and other equipment – FOB value US$ 2.3 billion – Industry share 5% – Overall share 4.2%;
- Other products Manufacturing Industry – FOB value US$ 2.3 billion – Industry share 5% – Overall share 4.2%;
- Soybean – FOB value US$ 2.2 billion – Industry share 70% – Overall share 4%;
- Civil engineering facilities and equipment – FOB value US$ 2.1 billion – Industry share 4.5% – Overall share 3.8%;
- Passenger motor vehicles – FOB value US$ 1.99 billion – Industry share 4.4% – Overall share 3.7%;
- Fruit or vegetable juice – FOB value US$ 1.59 billion – Industry share 3.5% – Overall share 2.9%;
- Fresh, chilled or frozen beef – FOB value US$ 1.43 billion – Industry share 3.1% – Overall share 2.7%;