Colombia: Biofuels Annual

  |   Attaché Report (GAIN)   |   CO2022-0012

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Colombia: Biofuels Annual

In 2022, Colombia's fuel ethanol and biodiesel production are estimated to decrease to 360 million liters and 700 million liters, respectively, as a result of adverse weather conditions and lower blend mandates. In 2022, the Colombian government decreased the ethanol blend mandate to E6 and the biodiesel blend mandate to B10. Fuel ethanol imports to Colombia are estimated to remain unchanged at 60 million liters if the government decreases the ethanol blend mandate to E4 in the second half of 2022. The biodiesel blend mandate will likely remain at B10. No biodiesel trade is expected in 2022. U.S. ethanol exports entering Colombia continue to face a countervailing duty of $0.066/kg ($0.052/liter), originally put in place in May 2020. This duty is currently under review.

Western Hemisphere, Colombia
Biofuels

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