Brazil predicts higher output, exports
November 12, 2013
BY Staff
Brazil’s Agricultural Trade Office recently filed its annual biofuels report with the USDA Foreign Agricultural Service’s Global Agricultural Information Network, predicting increased 2014 ethanol production and exports.
According to the report, Brazil is expected to produce 23.72 billion liters (6.27 billion gallons) of ethanol for fuel use this year, up from 20.74 billion liters last year. In 2014, Brazil is expected to produce 25.91 billion liters of ethanol for fuel.
This year, Brazil is expected to import 200 million liters of ethanol and export 2.8 billion liters. Next year, exports are expected to increase to 3 billion liters.
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Consumption is also expected to increase. In 2012, the nation consumed 18.59 billion liters of ethanol. That volume is expected to increase to 21.53 billion liters this year, and reach 23.68 billion liters next year.
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