The US Department of Agriculture (USDA) has released the latest information regarding ethanol exports for the last 12 months.
The USDA revealed that 1.334 billion gallons were exported in 2020 - down 9.8% from 2019 and hovering around 2017 levels.
Canada took over as the top export market for US ethanol, with 326.4 million gallons (mg) for the year.
The country continues to be a global leader in the use of biofuels, which is expected to grow with their Clean Fuel Standard as well as provincial moves to higher biofuel blends.
Brazil dropped to the second US export market, at 188.8 mg, a 40% difference from 2019, due to tariff issues between the US and Brazilian government.
India saw an 9.1% increase at 189.6 mg. The fourth largest export market in 2020 was South Korea at 105.8 mg, followed by the Netherlands at 77.5 mg.
Growth Energy CEO Emily Skor said: “In a year where petrol demand has taken an unprecedented dive due to the COVID-19 pandemic, we’re optimistic to see worldwide ethanol demand continue to provide U.S. producers with market opportunities.
“One of our main objectives at Growth Energy is building strategic global partnerships with countries around the world in order to grow demand here at home and to underscore to international leaders the economic and environmental benefits of ethanol. As we look ahead, a global movement is afoot to achieve aggressive clean energy goals, and the 2020 ethanol export number reflects that the world is seeing biofuels as a part of the solution as an affordable, low-carbon, high-octane fuel.”
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