Biofuels
U.S. Biofuels Exports in 2023
Total Export Value
$5.34 Billion
Total Volume
869,479 Metric Tons
3-Year Average
$4.66 Billion
Compound Average Growth
8.5% (2014-2023)
| Market | Total Value (USD) |
|---|---|
| Canada | $3.17 Billion |
| United Kingdom | $409.94 Million |
| European Union | $336.48 Million |
| India | $245.93 Million |
| South Korea | $241.2 Million |
| Peru | $232.86 Million |
| Colombia | $223.42 Million |
| Mexico | $148.38 Million |
| Jamaica | $70.53 Million |
| Philippines | $69.61 Million |
Data and Analysis
From September 26 to 27, 2023, the People’s Republic of China (PRC) National Energy Administration (NEA) organized a meeting on pilot programs for biodiesel promotion and application in Shanghai to learn relevant experience and practices, exchange and analyze the development of the country’s biodiesel industry, and study and deploy next steps.
The Malaysian Government looks towards 2025 and B30 implementation. Interest in sustainable aviation fuel (SAF) is gaining traction and a few projects by the national oil company, Petronas and the state government of Sarawak are in the works.
In March 2023, Japan updated its transport biofuel standards. Japan will maintain annual target volume of on-road bioethanol at 824 million liters till March 2028. Boosting domestic production of sustainable aviation fuel (SAF), including alcohol-to...
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.
The American agricultural sector posted its best export year ever in 2022 with international sales of U.S. farm and food products reaching $196 billion.
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...