Biofuels
U.S. Biofuels Exports in 2024
Total Export Value
$5.11 Billion
Total Volume
585,324 Metric Tons
3-Year Average
$5.19 Billion
Compound Average Growth
9.8% (2015-2024)
| Market | Total Value (USD) |
|---|---|
| Canada | $2.21 Billion |
| United Kingdom | $535.12 Million |
| India | $441.26 Million |
| European Union | $430.36 Million |
| Colombia | $376.71 Million |
| Mexico | $207.31 Million |
| South Korea | $183.89 Million |
| Peru | $177.78 Million |
| Philippines | $146.6 Million |
| Singapore | $94.07 Million |
Data and Analysis
Attaché Report (GAIN)
Vietnam: Vietnam Eliminates and Reduces MFN Import Tariff Rates on Select Agricultural Products
On March 31, 2025, the Government of Vietnam (GVN) issued Decree 73/2025/ND-CP, reducing the Most-Favored-Nation (MFN) import tariff rates on corn, soybean meal, ethanol, frozen chicken drumsticks, in-shell pistachios, almonds, fresh apples, cherries, and raisins. The decree takes effect immediately.
The People's Republic of China's exports of used cooking oil (UCO) reached a record high in 2024. The United States was the top export market for China's UCO at 1.27 million metric tons (MMT), up approximately 52 percent from 2023 and accounting for approximately 43 percent of China's total UCO exports.
Indonesia’s new biofuel roadmap shows the government’s 10-year plan for higher biodiesel blending rates, bioethanol’s inclusion in non-subsidized gasoline, and drop-in biofuels.
News and Features
Japan ’s new biofuels policy will help promote a cleaner, more sustainable energy future and will expand U.S. ethanol producers’ producers’ access to the Japanese market.
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...
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...