U.S. ethanol exports rebound after a tough 2020
Ethanol exports are rebounding after the slump in 2020 due to the impact of the global pandemic on fuel consumption and a ratcheting up of trade restrictions.
The United States exported 1.33 billion gallons of ethanol last year, down from 1.46 billion gallons the previous year and off nearly 20% from the record 1.67 billion gallons in the 2018.
Still, the 1.33 billion gallons – the equivalent of about 482 million bushels of corn -- represents the fourth-largest export volume on record for U.S. ethanol. Nearly one out of every 10 gallons of U.S. ethanol produced last year was exported.
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