Overview: In February 2021 Fazenda Rio Grande exported $3.62M and imported $8.16M, resulting in a negative trade balance of $4.54M. Between February 2020 and February 2021 the exports of Fazenda Rio Grande have increased by $729k (25.3%) from $2.89M to $3.62M, while imports decreased by $-90.4k (-1.1%) from $8.25M to $8.16M.
Trade: In February 2021, the top exports of Fazenda Rio Grande were Iron Ore ($1.56B), Iron Ore ($1.05B), Crude Petroleum ($902M), Soybeans ($625M), and Crude Petroleum ($464M). In February 2021 the top imports of Fazenda Rio Grande were Special Purpose Ships ($1.43B), Telephones ($192M), Vehicle Parts ($190M), Electricity ($189M), and Blood, antisera, vaccines, toxins and cultures ($180M).
Destinations: In February 2021, Fazenda Rio Grande exported mostly to Argentina ($1.47M), Paraguay ($371k), Canada ($224k), France ($221k), and United States ($200k), and imported mostly from Japan ($1.59M), Germany ($1.28M), China ($1.13M), Thailand ($816k), and India ($419k).
Growth: In February 2021, the increase in Fazenda Rio Grande's year-by-year exports was explained primarily by an increase in exports to China ($555M or 10.7k%), China ($473M or 73.2%), and China ($380M or 101%), and product exports increase in Iron Ore ($656M or 72.6%), Iron Ore ($593M or 129%), and Soybeans ($288M or 5.57k%). In February 2021, the decrease in Fazenda Rio Grande's year-by-year imports was explained primarily by an decrease in imports from United States ($-972M or -74.1%), United States ($-253M or -29.7%), and United Kingdom ($-143M or -84.7%), and product imports decrease in Other Construction Vehicles ($-1.19B or -100%), Flexible Metal Tubing ($-265M or -75.6%), and Valves ($-154M or -66.3%).