Overview In January 2024 Rio do Sul exported $8.16M and imported $2.26M, resulting in a positive trade balance of $5.89M. Between January 2023 and January 2024 the exports of Rio do Sul have increased by $1.47M (22.1%) from $6.68M to $8.16M, while imports decreased by $-2.22M (-49.6%) from $4.49M to $2.26M.
Trade In January 2024, the top exports of Rio do Sul were Pig Meat ($5.26M), Industrial Food Preperation Machinery ($938k), Edible Offal ($587k), Engine Parts ($319k), and Wood Carpentry ($267k). In January 2024 the top imports of Rio do Sul were Transmissions ($266k), Engine Parts ($251k), Low-voltage Protection Equipment ($249k), Glues ($203k), and Revolution Counters ($126k).
Destinations In January 2024, Rio do Sul exported mostly to Philippines ($3.07M), United States ($1.28M), China ($1.03M), United Arab Emirates ($928k), and South Korea ($575k), and imported mostly from China ($1.64M), Hong Kong ($315k), Chile ($75.9k), Taiwan ($69.8k), and Italy ($59.3k).
Growth In January 2024, the increase in Rio do Sul's year-by-year exports was explained primarily by an increase in exports to Argentina ($445k or 207%), Philippines ($443k or 128%), and United Arab Emirates ($354k or 88.1%), and product exports increase in Edible Offal ($286k or 71.5%), Pig Meat ($200k or 5.57%), and Wood Carpentry ($134k or 588%). In January 2024, the decrease in Rio do Sul's year-by-year imports was explained primarily by an decrease in imports from China ($-2.16M or -50.1%), Germany ($-356k or -70.5%), and Argentina ($-73.6k or -32.4%), and product imports decrease in Microphones and Headphones ($-365k or -99.7%), Low-voltage Protection Equipment ($-319k or -38.6%), and Electrical Control Boards ($-307k or -98.1%).