The Caracol River Portuguese: Arroio Caracol is a river in the state of Rio Grande do Sul, Brazil.

It is a tributary of the Caí River.

The Caracol River is known for the dramatic Caracol Falls, a major tourist attraction.

The 100 hectares (250 acres) Caracol State Park, established in 1973, protects the environment around the falls.

[1] This article related to a river in Rio Grande do Sul is a stub.