USDA: US biodiesel exports exceed imports in August
October 8, 2024
BY Erin Voegele
The U.S. exported 81,957.1 metric tons of biodiesel and biodiesel blends of B30 and greater in August, according to data released by the USDA Foreign Agricultural Service on Oct. 8. Biodiesel imports were at 80,543.6 metric tons for the month.
The 81,957.1 metric tons of biodiesel exported in August was down when compared to the 88,432.8 metric tons exported in July, but up when compared to the 77,877.3 metric tons exported in August of last year.
The U.S. exported biodiesel to approximately eight countries in August. Canada was the top destination for U.S. biodiesel exports at 74,825.4 metric tons, followed by Peru at 6,700.1 metric tons and Germany at 197.5 metric tons.
The value of U.S. biodiesel exports fell to $110.81 million in August, down from both $130.19 million the previous month and $138.54 million in August 2023.
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Total U.S. biodiesel exports for the first eight months of this year reached 462,447.9 metric tons at a value of $642.21 million, compared to 642.15 million metric tons exported during the same period of last year at a value of $1.12 billion.
The 80,543.6 metric tons of biodiesel and biodiesel blends of B30 and greater imported in August was down when compared to both the 86,483 metric tons imported the previous month and the 132,236.7 metric tons imported during August 2023.
The U.S. imported biodiesel from approximately seven countries in August. Canada was the main supplier of U.S. biodiesel imports at 29,287.7 metric tons followed by Spain at 27,580.3 metric tons and Germany at 19,998.2 metric tons.
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The value of U.S. biodiesel imports was at $104.75 million in August, down from both $120.32 million in July and $211.55 million in August of last year.
Total U.S. biodiesel imports for the first eight months of 2024 reached 1.07 million metric tons at a value of $1.46 billion, compared to 1.03 million metric tons imported during the same period of last year at a value of $1.78 billion.
Additional data is available on the USDA FAS website.
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