Biofuels
U.S. Biofuels Exports in 2021
Total Export Value
$3.49 Billion
3-Year Average
$2.96 Billion
Compound Average Growth
3.7% (2012-2021)
Top 10 Markets for Biofuels in 2021
Market | Total Value (USD) |
---|---|
Canada | $1.66 Billion |
South Korea | $333.51 Million |
India | $265.24 Million |
European Union | $216.71 Million |
China | $162.44 Million |
Brazil | $146.19 Million |
Peru | $133.55 Million |
Mexico | $109.3 Million |
United Kingdom | $102.37 Million |
Nigeria | $91.37 Million |
Data and Analysis
The Government of Indonesia is set to increase its biodiesel blending mandate from 30 percent to 35 percent in February 2023, a month later than initially announced. The new blending rate is expected to increase palm oil use for fuel to 12.5 million...
Japan’s Ministry of Economy, Trade and Industry (METI) proposed an update to Japan’s biofuel standards from Japan’s fiscal year 2023 through 2027. METI will accept public comments in Japanese on the proposal until 5 PM on January 17, 2023, Japan time. Based on received public comments, METI will revise the contents in the proposed biofuel standards and open a second and final public comment period within a few weeks.
Ethanol consumption in Australia is forecast to remain stable in 2022 at only 1.1 percent of the gasoline pool, and biodiesel is forecast to increase moderately from very low levels but remain at less than 0.1 percent of the total diesel pool. Australia has very large feedstock (grains and molasses) supplies for bioethanol as well as robust supplies of feedstock (canola, tallow and used cooked oil) for biodiesel production.
News and Features
Foreign Agricultural Service Administrator Daniel Whitley led a USDA trade mission to the Philippines, July 18-21. He was joined by representatives from 29 U.S. agribusinesses and farm organizations and 10 state departments of agriculture, working...
The American agricultural industry posted its highest annual export levels ever recorded in 2021, Secretary of Agriculture Tom Vilsack announced today.
On the first-ever FAS trade mission to Brazil, 22 U.S. companies and farm groups made great headway to expand their agricultural exports and develop their business relationships in Recife and São Paulo. Over the course of five days, as a result of...