With 1.91 Billion Gallons Shipped and $7.5 Billion in Revenue, the U.S. Strengthens Its Position as a Global Leader in Renewable Fuels
The Renewable Fuels Association (RFA) has released its 2024 trade summary, revealing a record-breaking year for ethanol exports.
The U.S. exported 1.91 billion gallons of ethanol, generating $7.5 billion in revenue, with Canada leading the list of buyers, followed by the United Kingdom, European Union, India, and Colombia.
"2024 proved to be a terrific year for exports of renewable fuels and coproducts as the entire world saw the value of these American-made goods," said RFA President and CEO Geoff Cooper. He emphasized that ethanol exports have helped strengthen the U.S. trade balance and provide economic support to rural communities.
Imports of ethanol declined sharply, reaching just 4 million gallons, making 2024 the lowest import year in three decades. This solidified the U.S.'s position as a net ethanol exporter for the 15th consecutive year.
The report also highlighted strong exports of distillers grains, a valuable feed ingredient for livestock. The U.S. exported 12.2 million metric tons in 2024, valued at $3.2 billion.
Mexico remained the largest buyer, followed by South Korea, Vietnam, and Indonesia. Emerging markets such as Colombia, the European Union, and Turkey saw the highest growth.
As global demand for renewable energy sources continues to rise, the U.S. ethanol industry is well-positioned to expand its exports further.
The RFA remains committed to supporting fair trade policies that ensure continued market access for American renewable fuels.