US biodiesel exports surge in August

While U.S. imports of biomass-based diesel in August remained relatively flat from July, exports nearly doubled; and U.S. imports of "other renewable diesel" more than doubled in August over July
By Ron Kotrba | November 06, 2013

U.S. imports of biomass-based diesel in August remained relatively flat compared to July, with the U.S. importing nearly 15.3 million gallons compared to 14.2 million gallons in July, according to the latest figures from the U.S. Energy Information Administration. U.S. exports of biomass-based diesel, however, surged in August, as well as imports of “other renewable diesel.” 

More than a third of U.S. biodiesel imports in August came from Indonesia. The Southeast Asian nation shipped more than 5.3 million gallons of biodiesel to the U.S. in August. Germany sent 3.6 million gallons of biodiesel to U.S. ports. Norway and Spain each exported more than 1.55 million gallons of biodiesel to the U.S. in August, while South Korea and the Netherlands each shipped slightly more than 1.5 million gallons. Canada moved 210,000 gallons south of its border.

While the U.S. exported around 16.4 million gallons of biodiesel in July, August export volumes surged to roughly 29 million gallons. Nearly 12.3 million gallons of U.S. biodiesel was shipped to Canada. Almost 10 million gallons went to Malaysia. Spain received more than 5.5 million gallons, Taiwan was shipped 924,000 gallons, and Australia received 252,000 gallons.

U.S. imports of “other renewable diesel” more than doubled in August over July. In July, the U.S. took in about 15.3 million gallons of “other renewable diesel,” while in August, the volume jumped to 36.4 million gallons; more than 29 million gallons came from Singapore, while the remainder originated in Finland—two Neste Oil strongholds.

The EIA defines “biomass-based diesel” as “biodiesel and other renewable diesel fuel or diesel fuel blending components derived from biomass, but excluding renewable diesel fuel coprocessed with petroleum feedstocks.” It defines “other renewable diesel” as “diesel fuel and diesel fuel blending components produced from renewable sources that are coprocessed with petroleum feedstocks and meet requirements of advanced biofuels.”