Rio Grande

Overview In August 2024 Rio Grande exported $220M and imported $268M, resulting in a negative trade balance of $48.3M. Between August 2023 and August 2024 the exports of Rio Grande have decreased by $-221M (-50.2%) from $441M to $220M, while imports decreased by $-52.3M (-16.3%) from $321M to $268M.

Trade In August 2024, the top exports of Rio Grande were Soybeans ($60.5M), Soybean Meal ($49.5M), Rice ($25.3M), Soybean Oil ($25.2M), and Refined Petroleum ($22.8M). In August 2024 the top imports of Rio Grande were Mixed Mineral or Chemical Fertilizers ($82.9M), Nitrogenous Fertilizers ($56.4M), Potassic Fertilizers ($51.6M), Phosphatic Fertilizers ($36M), and Crude Petroleum ($32.4M).

Destinations In August 2024, Rio Grande exported mostly to China ($72.6M), Spain ($22.3M), Bangladesh ($14.6M), Venezuela ($12.5M), and South Korea ($12.3M), and imported mostly from Morocco ($58.9M), Argentina ($33.9M), Canada ($32.2M), Saudi Arabia ($31.9M), and China ($27.6M).

Growth In August 2024, the decrease in Rio Grande's year-by-year exports was explained primarily by an decrease in exports to China ($-163M or -69.2%), Vietnam ($-45.3M or -81.9%), and India ($-19.9M or -99.1%), and product exports decrease in Soybeans ($-169M or -73.6%), Soybean Meal ($-55.8M or -53%), and Poultry Meat ($-8.9M or -36.2%). In August 2024, the decrease in Rio Grande's year-by-year imports was explained primarily by an decrease in imports from United States ($-28.6M or -99.3%), Argentina ($-22.9M or -40.3%), and Jordan ($-12.7M or -73.4%), and product imports decrease in N/A.