Rio Verde

Overview In February 2024 Rio Verde exported $169M and imported $4.94M, resulting in a positive trade balance of $164M. Between February 2023 and February 2024 the exports of Rio Verde have decreased by $-102M (-37.7%) from $271M to $169M, while imports decreased by $-17.9M (-78.4%) from $22.8M to $4.94M.

Trade In February 2024, the top exports of Rio Verde were Soybeans ($153M), Corn ($7.69M), Soybean Meal ($7.06M), Industrial Fatty Acids, Oils and Alcohols ($473k), and Raw Cotton ($343k). In February 2024 the top imports of Rio Verde were Potassic Fertilizers ($2.17M), Mixed Mineral or Chemical Fertilizers ($1.65M), Ethylene Polymers ($331k), Nitrogenous Fertilizers ($322k), and Other Nitrogen Compounds ($189k).

Destinations In February 2024, Rio Verde exported mostly to China ($152M), Poland ($6.19M), Japan ($4.93M), Taiwan ($3.65M), and Netherlands ($873k), and imported mostly from Germany ($1.53M), United States ($1.44M), Russia ($1.29M), Bahrain ($322k), and Israel ($98.9k).

Growth In February 2024, the decrease in Rio Verde's year-by-year exports was explained primarily by an decrease in exports to China ($-20M or -27.4%) and India ($-15.5M or -83%), and product exports decrease in Soybeans ($-42.9M or -53.9%), Soybean Oil ($-19.6M or -86%), and Soybean Meal ($-12.8M or -64.8%). In February 2024, the decrease in Rio Verde's year-by-year imports was explained primarily by an decrease in imports from United Kingdom ($-9.76M or -99.8%), Russia ($-2.29M or -72.9%), and Algeria ($-1.68M or -53.7%), and product imports decrease in Potassic Fertilizers ($-8.74M or -89.7%), Mixed Mineral or Chemical Fertilizers ($-2.16M or -47.7%), and Interchangeable Tool Parts ($-738k or -99.7%).