Overview: In January 2021 Rio Grande City, TX exported $5.29M and imported $28.8M, resulting in a negative trade balance of $23.5M. Between January 2020 and January 2021 the exports of Rio Grande City, TX have increased by $3.58M (209%) from $1.71M to $5.29M, while imports decreased by $-6.84M (-19.2%) from $35.6M to $28.8M.
Trade: In January 2021, the top exports of Rio Grande City, TX were Crude Petroleum ($4.06B), Refined Petroleum ($3.39B), Petroleum Gas ($2.86B), Commodities not elsewhere specified ($2.51B), and Soybeans ($2.1B). In January 2021 the top imports of Rio Grande City, TX were Computers ($3.02B), Cars ($2.77B), Cars ($2.56B), Telephones ($2.28B), and Cars ($1.82B).
Destinations: In January 2021, Rio Grande City, TX exported mostly to Mexico ($5.29M), and imported mostly from Mexico ($28.7M), India ($91.9k), China ($29.3k), and Spain ($7.37k).
Growth: In January 2021, the increase in Rio Grande City, TX's year-by-year exports was explained primarily by an increase in exports to China ($1.43B or 358%), China ($1.11B or 170%), and China ($656M or 116%), and product exports increase in Soybeans ($1B or 90.9%), Petroleum Gas ($936M or 48.6%), and Platinum ($742M or 188%). In January 2021, the decrease in Rio Grande City, TX's year-by-year imports was explained primarily by an decrease in imports from Ireland ($-641M or -63.5%), Ireland ($-631M or -76.8%), and Mexico ($-502M or -5.79%), and product imports decrease in Crude Petroleum ($-995M or -52.5%), Nucleic Acids ($-936M or -83.4%), and Crude Petroleum ($-748M or -34.7%).