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Colombia’s ethanol consumption in 2024 is projected to increase to 728 million liters, mainly owing to the government’s restored 10 percent ethanol mandate (E10). Heightened ethanol demand is expected to be met through imports, primarily from the United States, despite the countervailing duty on U.S. fuel ethanol.
In 2023, ethanol production is forecast to recover to 380 million liters due to better weather conditions. In 2022, ethanol production decreased as adverse weather conditions and high sugar prices led to local producers prioritizing sugar production.
The 2023 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2023 calendar year.
The 2022 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2022 calendar year.
On March 15, 2023, the Colombian Ministry of Trade, Industry and Tourism (MINCIT) ignored its own Essential Facts report and issued a final ruling in its countervailing duty (CVD) expiry review investigation of U.S. ethanol, extending the original investigation's $0.066/kg ($0.20 per gallon) duty on imported U.S. ethanol for the next five years.
In 2022, Colombia's fuel ethanol and biodiesel production are estimated to decrease to 360 million liters and 700 million liters, respectively, as a result of adverse weather conditions and lower blend mandates.
The 2021 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world.
On September 9, the Colombian government released a new resolution to decrease its ethanol blend level to four percent (E4), effective September 11. Incremental increases are scheduled in the following 90 days, culminating with E10 by January 2022.
On March 31, 2021, the Government of Colombia issued a resolution to decrease the ethanol blend mandate from 10 percent (E10) to 4 percent (E4) starting on April 1, 2021, then gradually returning to E10 by September 2021.
In 2021, Colombia's fuel ethanol production is estimated to decrease to 370 million liters in response to a lower blend mandate despite partial recovery in the fuel pool.
On March 31, 2021, the Government of Colombia (GOC) issued a joint resolution to decrease the ethanol blend mandate from 10 percent (E10) to 4 percent (E4) starting on April 1, 2021.
The 2020 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world. This summary lists only the United States’ primary trading partners.