2018 Ethanol Exports Officially Record High

Cindy Zimmerman Leave a Comment

The latest government data shows U.S. ethanol exports hit a new record in 2018 with 1.70 billion gallons of ethanol shipped to over 80 countries. That’s almost 11% of total U.S. ethanol production. The value of U.S. ethanol exports was $2.7 billion in 2018, up 14% from 2017’s value and the highest on record.

Brazil was the leading destination for U.S. ethanol exports, receiving 513.2 million gallons (mg), or 30% of the total. Canada was the second-leading market with 349.6 mg, followed by India at 156.8 mg. Together, the three countries accounted for 60% percent of total ethanol exports. The European Union, South Korea, and the Philippines were other top markets in 2018. Export volumes to nine of the top 10 destinations saw increases over 2017 volumes, with Brazil, the Netherlands, South Korea, the United Arab Emirates, and Colombia showing the largest gains.

“One of the greatest successes for our industry in 2018 was growth in the export market, driven in large part by the sustained international market development efforts of RFA and its partners,” saied Renewable Fuels Association (RFA) President and CEO Geoff Cooper. “More than one out of every 10 gallons of ethanol produced in the United States went into the international market—providing savings at the pump and cleaner air for drivers in more than 80 countries around the globe. This accomplishment is even more impressive when you consider that U.S. ethanol faced punitive trade barriers in several key markets. RFA will continue to work with its partners to break down artificial trade barriers, expand export opportunities for U.S. producers, and educate the world’s consumers on the benefits of low-carbon renewable fuels.”

Ethanol, Ethanol News, Exports, RFA

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