U.S. exports substantially climbed during the month of July, this after three consecutive months of sliding numbers, according to government data released today. Denatured and undenatured (non-beverage) ethanol exports totaled 25.2 million gallons, up 57percent from June. Large volumes were imported by Brazil and the United Arab Emeriates (UAE) this month after several months of not importing any U.S. product.
Canada continued to serve as the top U.S. export destination for denatured ethanol, importing 9.5 million gallons of product. Finland imported its first shipment of U.S. denatured ethanol this year, totaling 4.5 million gallons. Brazil, the Netherlands, and UAE rounded out the top five denatured ethanol importers for July.
July exports of undenatured, non-beverage ethanol continued to slide. Only 2.7 million gallons of undenatured product was exported, down from 5 million gallons in June. However, nearly 90 percent of undenatured ethanol exports went to Mexico.
Exports continue at a record pace with total year-to-date ethanol exports for 2010 at 182.7 million gallons (121.7 million gallons of denatured ethanol and 61 million gallons of undenatured). Only once in the last 20 years has the U.S. exported more ethanol than it has through the first seven months of 2010. In 1995, the U.S. exported 197.5 million gallons of denatured and undenatured ethanol.
July also marked a new monthly record for exports of distillers dried grains with solubles (DDGS) with China the top destination claiming nearly 40 percent.Read More