Rio Grande

Overview In September 2024 Rio Grande exported $287M and imported $325M, resulting in a negative trade balance of $37.6M. Between September 2023 and September 2024 the exports of Rio Grande have decreased by $-4.99M (-1.71%) from $292M to $287M, while imports increased by $205M (170%) from $120M to $325M.

Trade In September 2024, the top exports of Rio Grande were Soybeans ($157M), Poultry Meat ($28.5M), Soybean Oil ($27.3M), Refined Petroleum ($15.4M), and Soybean Meal ($13.4M). In September 2024 the top imports of Rio Grande were Mixed Mineral or Chemical Fertilizers ($120M), Potassic Fertilizers ($76.4M), Nitrogenous Fertilizers ($51.7M), Phosphatic Fertilizers ($33M), and Crude Petroleum ($27M).

Destinations In September 2024, Rio Grande exported mostly to China ($173M), India ($13.4M), Senegal ($10.7M), Vietnam ($10.1M), and Venezuela ($9.27M), and imported mostly from Morocco ($58.6M), Canada ($41.5M), China ($39.7M), Saudi Arabia ($37.3M), and Argentina ($29.2M).

Growth In September 2024, the decrease in Rio Grande's year-by-year exports was explained primarily by an decrease in exports to Iraq ($-57.4M or -93.2%), Bangladesh ($-29.5M or -100%), and Costa Rica ($-10.9M or -96.9%), and product exports decrease in Soybeans ($-46.9M or -23%), Pig Meat ($-2.49M or -66.5%), and Soybean Meal ($-1.17M or -8.02%). In September 2024, the increase in Rio Grande's year-by-year imports was explained primarily by an increase in imports from Morocco ($44.8M or 325%), Saudi Arabia ($30.9M or 481%), and China ($30.7M or 341%), and product imports increase in Mixed Mineral or Chemical Fertilizers ($93M or 341%), Potassic Fertilizers ($39.7M or 108%), and Phosphatic Fertilizers ($25.6M or 347%).