Overview: In February 2021 Rio Azul exported $1.83M and imported $690k, resulting in a positive trade balance of $1.14M. Between February 2020 and February 2021 the exports of Rio Azul have increased by $738k (67.4%) from $1.09M to $1.83M, while imports decreased by $-33.9k (-4.68%) from $724k to $690k.
Trade: In February 2021, the top exports of Rio Azul 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 Rio Azul 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, Rio Azul exported mostly to United States ($792k), Argentina ($296k), Belgium ($248k), Paraguay ($166k), and Peru ($137k), and imported mostly from New Zealand ($385k), Argentina ($170k), United States ($81.3k), and Malaysia ($53.6k).
Growth: In February 2021, the increase in Rio Azul'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 ($288M or 5.57k%). In February 2021, the decrease in Rio Azul's year-by-year imports was explained primarily by an decrease in imports from United States ($-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%).