Biofuels
U.S. Biofuels Exports in 2024
Total Export Value
$5.13 Billion
Total Volume
606,484 Metric Tons
3-Year Average
$5.19 Billion
Compound Average Growth
9.8% (2015-2024)
| Market | Total Value (USD) |
|---|---|
| Canada | $2.21 Billion |
| United Kingdom | $535.12 Million |
| India | $441.26 Million |
| European Union | $430.36 Million |
| Colombia | $376.71 Million |
| Mexico | $207.31 Million |
| South Korea | $183.89 Million |
| Peru | $177.78 Million |
| Philippines | $146.6 Million |
| Singapore | $94.07 Million |
Data and Analysis
Vietnam’s Ministry of Industry and Trade (MOIT) issued Circular 50, which sets the national roadmap for blending biofuels with traditional fossil fuels.
Brazil recently enacted the law known as Fuel of the Future, aiming at decarbonizing the transport sector through the use of sustainable fuels and the implementation of low carbon programs.
Argentina’s biofuels sector is expected to remain subdued without significant policy reform, as there is little political will to advance biofuels policies and the current law caps mandate levels.
News and Features
Japan ’s new biofuels policy will help promote a cleaner, more sustainable energy future and will expand U.S. ethanol producers’ producers’ access to the Japanese market.
Foreign Agricultural Service Administrator Daniel Whitley led a USDA trade mission to the Philippines, July 18-21. He was joined by representatives from 29 U.S. agribusinesses and farm organizations and 10 state departments of agriculture, working...
On the first-ever FAS trade mission to Brazil, 22 U.S. companies and farm groups made great headway to expand their agricultural exports and develop their business relationships in Recife and São Paulo. Over the course of five days, as a result of...