Biofuels
U.S. Biofuels Exports in 2022
Total Export Value
$5.25 Billion
3-Year Average
$3.81 Billion
Compound Average Growth
9% (2013-2022)
Top 10 Markets for Biofuels in 2022
| Market | Total Value (USD) |
|---|---|
| Canada | $2.85 Billion |
| South Korea | $393.21 Million |
| European Union | $388.29 Million |
| Peru | $275.26 Million |
| Brazil | $177.39 Million |
| India | $176.04 Million |
| Philippines | $171.91 Million |
| Mexico | $169.97 Million |
| United Kingdom | $161.16 Million |
| Singapore | $124.19 Million |
Data and Analysis
The Malaysian Government looks towards 2025 and B30 implementation. Interest in sustainable aviation fuel (SAF) is gaining traction and a few projects by the national oil company, Petronas and the state government of Sarawak are in the works.
In March 2023, Japan updated its transport biofuel standards. Japan will maintain annual target volume of on-road bioethanol at 824 million liters till March 2028. Boosting domestic production of sustainable aviation fuel (SAF), including alcohol-to...
Peruvian total ethanol production in 2023 is forecast at 220 million liters, increasing 8 percent compared to the previous year. Total ethanol consumption for 2023 is forecast at 285 million liters.
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.
The American agricultural sector posted its best export year ever in 2022 with international sales of U.S. farm and food products reaching $196 billion.
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...