Overview: In February 2021 Rio Novo do Sul exported $1.14M and imported $186k, resulting in a positive trade balance of $950k. Between February 2020 and February 2021 the exports of Rio Novo do Sul have increased by $262k (29.9%) from $875k to $1.14M, while imports increased by $119k (175%) from $67.6k to $186k.
Trade: In February 2021, the top exports of Rio Novo do Sul 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 Novo do Sul 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 Novo do Sul exported mostly to United States ($847k), Mexico ($85k), Vietnam ($41.5k), Poland ($38.8k), and Canada ($21.9k), and imported mostly from Italy ($160k) and China ($26k).
Growth: In February 2021, the increase in Rio Novo do Sul'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 increase in Rio Novo do Sul's year-by-year imports was explained primarily by an increase in imports from Brazil ($1.11B or 235%), China ($276M or 38.4%), and China ($244M or 45.1%), and product imports increase in Electricity ($188M or 23.6k%), Petroleum Gas ($128M or 5.81M%), and Blood, antisera, vaccines, toxins and cultures ($81.9M or 83.2%).