Rio Grande

Overview In November 2024 Rio Grande exported $324M and imported $171M, resulting in a positive trade balance of $153M. Between November 2023 and November 2024 the exports of Rio Grande have increased by $12M (3.86%) from $312M to $324M, while imports decreased by $-75.5M (-30.7%) from $246M to $171M.

Trade In November 2024, the top exports of Rio Grande were Soybeans ($115M), Soybean Meal ($65.1M), Soybean Oil ($52.7M), Poultry Meat ($30.1M), and Rice ($21.6M). In November 2024 the top imports of Rio Grande were Mixed Mineral or Chemical Fertilizers ($71.6M), Potassic Fertilizers ($43M), Nitrogenous Fertilizers ($37.3M), Refined Petroleum ($8.96M), and Calcium Phosphates ($3.62M).

Destinations In November 2024, Rio Grande exported mostly to China ($117M), India ($52.7M), Slovenia ($28.4M), Thailand ($15.4M), and Spain ($15M), and imported mostly from Canada ($28.6M), Saudi Arabia ($28M), China ($20.1M), Norway ($19.9M), and Nigeria ($13.3M).

Growth In November 2024, the increase in Rio Grande's year-by-year exports was explained primarily by an increase in exports to India ($38.6M or 275%), Spain ($13.7M or 1.08k%), and Costa Rica ($13M or 14.5k%), and product exports increase in Soybean Meal ($55.1M or 553%), Soybean Oil ($38.6M or 275%), and Poultry Meat ($9.4M or 45.5%). In November 2024, the decrease in Rio Grande's year-by-year imports was explained primarily by an decrease in imports from Morocco ($-36.1M or -89.3%), Argentina ($-32.4M or -96.3%), and United States ($-21.5M or -99.7%), and product imports decrease in N/A.