Ethanol (non-bev.)
U.S. Ethanol (non-bev.) Exports in 2023
Total Export Value
$3.81 Billion
3-Year Average
$3.4 Billion
Compound Average Growth
6.3% (2014-2023)
Market | Total Value (USD) |
---|---|
Canada | $1.74 Billion |
United Kingdom | $409.92 Million |
European Union | $333.35 Million |
India | $245.91 Million |
South Korea | $241.16 Million |
Colombia | $223.42 Million |
Mexico | $148.07 Million |
Peru | $146.76 Million |
Jamaica | $70.43 Million |
Philippines | $69.61 Million |
Data and Analysis
On January 5, 2024, The Secretariat of Agriculture, Livestock and Fisheries of the Ministry of Economy authorized for the first time the commercialization of four genetically modified (GM) yeasts to enhance bioethanol production through grain fermentation. Industry supports this decision and expects it to help pave the way for a cleaner and more sustainable future in fuels.
India is the world’s most populous country and boasts one of the fastest growing economies in the world. As Indian households continue to reach higher levels of consumer spending, imported agricultural products are becoming more accessible to a larger number of people.
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.
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.