Colombia: Biofuels Annual

Commodities

COVID-19 containment measures and the economic downturn dramatically curtailed Colombian motor fuel demand. Biofuels production and imports are estimated to fall in 2020. Ethanol production is estimated to decrease to 400 million liters as a result of lower gasoline demand and the closure of one ethanol facility not linked to the sugar industry. Biodiesel production is estimated to decrease to 550 million liters due to lower diesel demand and a downward trend in palm oil production. Other factors decreasing ethanol imports are Colombian policies such as a temporary ban on ethanol imports under the sanitary emergency and the imposed duty on ethanol imports from the United States. Colombia neither imports nor exports biodiesel.

Colombia: Biofuels Annual