Overview In March 2022 Rio de Janeiro exported $3.14B and imported $2.21B, resulting in a positive trade balance of $925M. Between March 2021 and March 2022 the exports of Rio de Janeiro have increased by $172M (5.82%) from $2.97B to $3.14B, while imports increased by $519M (30.6%) from $1.69B to $2.21B.
Trade In March 2022, the top exports of Rio de Janeiro were Crude Petroleum ($2.31B), Semi-Finished Iron ($293M), Refined Petroleum ($136M), Iron Ore ($84.7M), and Steel Ingots ($60.9M). In March 2022 the top imports of Rio de Janeiro were Crude Petroleum ($505M), Gas Turbines ($394M), Petroleum Gas ($284M), Planes, Helicopters, and/or Spacecraft ($137M), and Coal Briquettes ($85.1M).
Destinations In March 2022, Rio de Janeiro exported mostly to China ($725M), United States ($434M), Chile ($289M), Israel ($274M), and Spain ($262M), and imported mostly from United States ($743M), Saudi Arabia ($507M), Sweden ($144M), France ($119M), and China ($72.9M).
Growth In March 2022, the increase in Rio de Janeiro's year-by-year exports was explained primarily by an increase in exports to China ($207M or 27.6%), Chile ($97.7M or 113%), and South Korea ($75M or 18.9k%), and product exports increase in Iron Ore ($33.6M or 372%), Valves ($23.5M or 560%), and Flexible Metal Tubing ($6.32M or 21.1M%). In March 2022, the increase in Rio de Janeiro's year-by-year imports was explained primarily by an increase in imports from Japan ($366M or 5.06k%), United States ($275M or 189%), and Paraguay ($111M or 10.2k%), and product imports increase in Gas Turbines ($224M or 7.04k%), Electricity ($127M or 8.45k%), and Petroleum Gas ($97.5M or 2.93M%).