Rio Grande do Sul

Overview In December 2024 Rio Grande do Sul exported $1.97B and imported $933M, resulting in a positive trade balance of $1.04B. Between December 2023 and December 2024 the exports of Rio Grande do Sul have increased by $157M (8.67%) from $1.82B to $1.97B, while imports increased by $80.3M (9.42%) from $852M to $933M.

Trade In December 2024, the top exports of Rio Grande do Sul were Soybeans ($368M), Raw Tobacco ($332M), Soybean Meal ($125M), Poultry Meat ($93.3M), and Wheat ($69.9M). In December 2024 the top imports of Rio Grande do Sul were Cars ($162M), Delivery Trucks ($131M), Crude Petroleum ($65.1M), Refined Petroleum ($58.5M), and Mixed Mineral or Chemical Fertilizers ($25M).

Destinations In December 2024, Rio Grande do Sul exported mostly to China ($573M), United States ($132M), Argentina ($110M), Vietnam ($90.8M), and Iran ($64.8M), and imported mostly from Argentina ($374M), China ($149M), United States ($75.3M), Algeria ($56.5M), and Germany ($31.1M).

Growth In December 2024, the increase in Rio Grande do Sul's year-by-year exports was explained primarily by an increase in exports to China ($139M or 32%), Argentina ($49.4M or 81.7%), and Iraq ($47.7M or 828%), and product exports increase in Soybeans ($260M or 241%), Bovine ($30.5M or 376%), and Rice ($30.2M or 142%). In December 2024, the increase in Rio Grande do Sul's year-by-year imports was explained primarily by an increase in imports from Argentina ($124M or 49.7%), China ($42M or 39.3%), and Spain ($6.92M or 89.3%), and product imports increase in Cars ($107M or 193%), Delivery Trucks ($26.7M or 25.6%), and Microphones and Headphones ($14.9M or 302%).