Do not chop that big hole in the rim joist.
Just drill a hole for metal conduit to reach the outside, then mount an elbow outside and go up about two feet more in conduit, then mount a box.
You can come into the box from the bottom.
That way, the receptacle box won’t be down near ground level, and will be less likely to be buried in snow.
And easier to reach without stooping.
You can mount a junction box inside where you drill through the rim joist, and feed it with whatever is code, romex, armored cable, or wires in conduit.
From that box up to the exterior box you can use individual 14 gauge wires for 15 amps.
And make it a double receptacle gfci box.
You will always find stuff to plug in there, especially holiday lighting while phone charging etc, more outlets is more better.