Overview In December 2021 Rio de Janeiro exported $2.76B and imported $2.26B, resulting in a positive trade balance of $497M. Between December 2020 and December 2021 the exports of Rio de Janeiro have increased by $1.34B (95.1%) from $1.41B to $2.76B, while imports decreased by $-3.59B (-61.4%) from $5.85B to $2.26B.
Trade In December 2021, the top exports of Rio de Janeiro were Crude Petroleum ($1.78B), Semi-Finished Iron ($232M), Refined Petroleum ($148M), Machinery Having Individual Functions ($100M), and Coated Flat-Rolled Iron ($78.7M). In December 2021 the top imports of Rio de Janeiro were Petroleum Gas ($484M), Gas Turbines ($408M), Electricity ($159M), Crude Petroleum ($157M), and Cars ($74.3M).
Destinations In December 2021, Rio de Janeiro exported mostly to China ($964M), United States ($465M), Chile ($362M), South Korea ($229M), and Peru ($151M), and imported mostly from United States ($824M), France ($158M), Saudi Arabia ($157M), Paraguay ($122M), and Argentina ($121M).
Growth In December 2021, the increase in Rio de Janeiro's year-by-year exports was explained primarily by an increase in exports to China ($707M or 275%), Chile ($267M or 282%), and South Korea ($227M or 11.1k%), and product exports increase in Crude Petroleum ($894M or 101%), Semi-Finished Iron ($155M or 200%), and Machinery Having Individual Functions ($99.9M or 41k%). In December 2021, the decrease in Rio de Janeiro's year-by-year imports was explained primarily by an decrease in imports from Brazil ($-3.61B or -100%), South Korea ($-519M or -95.8%), and United Arab Emirates ($-458M or -99.9%), and product imports decrease in Flexible Metal Tubing ($-64.4M or -72.1%), Valves ($-60.5M or -78.4%), and Other Iron Products ($-37.8M or -86.1%).