Overview In June 2023 Rio de Janeiro exported $2.03B and imported $2.37B, resulting in a negative trade balance of $344M. Between June 2022 and June 2023 the exports of Rio de Janeiro have decreased by $-2.35B (-53.7%) from $4.37B to $2.03B, while imports increased by $82.5M (3.61%) from $2.29B to $2.37B.
Trade In June 2023, the top exports of Rio de Janeiro were Crude Petroleum ($1.24B), Semi-Finished Iron ($346M), Steel Ingots ($63.9M), Iron Ore ($61.7M), and Refined Petroleum ($55.7M). In June 2023 the top imports of Rio de Janeiro were Gas Turbines ($456M), Coke ($282M), Crude Petroleum ($225M), Coal Briquettes ($146M), and Electricity ($83.1M).
Destinations In June 2023, Rio de Janeiro exported mostly to United States ($489M), China ($360M), Chile ($268M), Singapore ($147M), and Portugal ($143M), and imported mostly from United States ($593M), China ($241M), Australia ($171M), Saudi Arabia ($151M), and Germany ($148M).
Growth In June 2023, the decrease in Rio de Janeiro's year-by-year exports was explained primarily by an decrease in exports to China ($-45M or -4.7%), Netherlands ($-35.3M or -58.6%), and Norway ($-9.69M or -93.5%), and product exports decrease in Valves ($-18M or -65%), Iron Ore ($-7.65M or -18%), and Flexible Metal Tubing ($-6.02M or -95.2%). In June 2023, the increase in Rio de Janeiro's year-by-year imports was explained primarily by an increase in imports from Saudi Arabia ($249M or 19.7k%), China ($241M or 274%), and United States ($234M or 55.6%), and product imports increase in Crude Petroleum ($250M or 1.25B%), Gas Turbines ($196M or 86.3%), and Vaccines, blood, antisera, toxins and cultures ($162M or 989%).