US ethanol exports pass 1-billion-gallon mark just 6 months into marketing year 2024-‘2025
U.S. ethanol exports surpassed 1 billion gallons midway through Marketing Year 2024/2025, up 27% from last year, boosting overall grain exports by 11%. Key markets include Canada, the EU, Brazil, and Nigeria. The U.S. Grains Council credits strong demand and successful global marketing, signaling growing international interest in biofuels and expanding opportunities for American ethanol producers.
U.S. ethanol exports have crossed the 1-billion-gallon threshold halfway through Marketing Year (MY) 2024/2025, a 27% increase from the same period in MY 2023-‘2024, according to new information from the USDA.
The sharp rise in ethanol sales contributed to an 11% increase in U.S. grains in all forms (GIAF) exports compared to last year’s data.
“Passing one billion gallons in ethanol exports just six months into MY 2024-‘2025 is a testament to the quality and versatility of U.S. ethanol,” said Alicia Koch, U.S. Grains Council director of global ethanol export development.
“It’s a sign that the U.S. ethanol industry is ready and willing to handle increased global demand and the Council is effectively implementing its international marketing strategies to generate interest in biofuels across consumers and policymakers around the world.”
Canada is maintaining its place as the top importer of U.S. ethanol, purchasing 19 million more gallons than at this point in the last marketing year, and the European Union is showing strong appetite for U.S. ethanol by importing 78 million additional gallons.
Other notable improvements include the development of exports to Brazil and Nigeria, nations that previously imported little to no U.S. ethanol. Ethanol exports to Mexico are up 6%, launching it into seventh place among U.S. ethanol’s largest trading partners.
“Building new demand is a pillar of the Council’s commitment to U.S. producers because of the financial benefits derived from diversified markets for U.S. ethanol, and we certainly see the potential for further breakthroughs in countries like Brazil, Nigeria, the Philippines and others,” Koch said.
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Source : Ethanol Producer Magazine
