Overview: In March 2021 Fazenda Rio Grande exported $4.14M and imported $13.9M, resulting in a negative trade balance of $9.8M. Between March 2020 and March 2021 the exports of Fazenda Rio Grande have increased by $1.44M (53.2%) from $2.7M to $4.14M, while imports increased by $2.28M (19.6%) from $11.7M to $13.9M.
Trade: In March 2021, the top exports of Fazenda Rio Grande were Rubber Tires ($2.22M), Sawn Wood ($533k), Other Agricultural Machinery ($439k), Shaped Wood ($246k), and Ball Bearings ($130k). In March 2021 the top imports of Fazenda Rio Grande were Rubber Tires ($2.59M), Ball Bearings ($1.72M), Rubber ($1.31M), Seats ($1.25M), and Synthetic Rubber ($927k).
Destinations: In March 2021, Fazenda Rio Grande exported mostly to Argentina ($2.05M), Chile ($475k), United States ($275k), Japan ($215k), and Mexico ($196k), and imported mostly from Japan ($4.37M), Thailand ($1.65M), Germany ($1.56M), China ($1.45M), and Indonesia ($922k).
Growth: In March 2021, the increase in Fazenda Rio Grande's year-by-year exports was explained primarily by an increase in exports to Argentina ($654k or 46.7%), United States ($155k or 129%), and Japan ($130k or 153%), and product exports increase in Rubber Tires ($903k or 68.4%), Sawn Wood ($462k or 648%), and Plastic Pipes ($55.8k or 225%). In March 2021, the increase in Fazenda Rio Grande's year-by-year imports was explained primarily by an increase in imports from Japan ($2.41M or 123%), Indonesia ($564k or 158%), and Thailand ($413k or 33.4%), and product imports increase in Rubber ($655k or 100%), Ball Bearings ($627k or 57.3%), and Seats ($619k or 98.3%).