Ethanol exports fell slightly in June

August 9, 2023 |

In Washington, the Renewable Fuels Association says June U.S. ethanol exports edged 1% lower to 111.9 million gallons (mg). Nearly all gallons (99%) landed in just 10 markets, with Canada serving as our largest destination for the 27th consecutive month and representing 45% of June sales. The U.S. shipped 50.8 mg of ethanol north of our border—0.3% less than May and the third largest on record—which included 65% of total U.S. denatured fuel exports for the month. The European Union imported 15.8 mg (nearly a third less than May), while the United Kingdom imported 13.5 mg (a 40% month-over month jump). Rounding out the major markets are South Korea (10.3 mg, +6%), Peru (5.5 mg, -11%), Colombia (5.5 mg, -9%), Mexico (4.1 mg, +181%), Nigeria (3.3 mg, up from zero), Singapore (1.0 mg, up from essentially zero), and Jamaica (0.5 mg, -83%). Brazil and India were notably absent from the market. U.S. ethanol exports for the first half of 2023 total 704.9 mg, coming in 11% below last year at this time.

Category: Fuels

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