Tuesday 9 May 2023

US ethanol exports exceeds 132 million gallons in March 2023

The United States exported 132.27 million gallons of ethanol and 898,086 tons of distillers’ grains in March, according to the data released by the USDA Foreign Agricultural Service on May 04, 2023. Exports of both products were up as compared to the previous month.

The 132.27 million gallons of ethanol exported in March was up when compared to both the 104.03 million gallons exported the previous month and the 125.1 million gallons exported in March 2022.

The US exported ethanol to more than three dozen countries in March. Canada was the top destination for US ethanol exports at 56.56 million gallons, followed by India at 22.76 million gallons and the Netherlands at 11.35 million gallons.

The value of US ethanol exports reached US$341.93 million in March, up from US$288.43 million in February, but down slightly from US$342.16 million in March 2022.

Total US ethanol exports for the first three months of 2023 reached 354.12 million gallons at a value of US$956.01 million, as compared to 393.66 million gallons exported during the same period of 2022 at a value of US$1.02 billion.

The 898,086 metric tons of distillers grains exported in March was up from 764,494 tons exported in February, but down from 927,134 tons exported in March 2022.

The US exported distillers grains to more than three dozen countries in March. Mexico was the top destination for US distillers grains export at 209,812 tons, followed by South Korea at 127,685 tons, and Turkey at 103,346 tons.

The value of U.S. distillers grains exports reached US$296.53 million in March, up from US$252.82 million the previous month and US$274.05 million in March of the previous year.

Total distillers grains exports for the first quarter of 2023 reached 2.43 million tons at a value of US$802.18 million, compared to 2.88 million tons exported during the same period of last year at a value of US$804.61 million.

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