Export data for marketing year (MY) 2023/2024 released by the U.S. Department of Agriculture revealed a record 1,746,490,298 gallons of ethanol sold internationally, contributing to the $48 billion value of U.S. grains in all forms (GIAF) exported in that time.

The new ethanol record does not include an estimated 140.5 million gallons of ethanol exported to Japan in the form of ethyl tert-butyl ether (ETBE), emphasizing the incredible accomplishments of the U.S. biofuels industry during the past year.

“We applaud U.S. farmers and producers for their outstanding efforts in increasing exports this marketing year, and especially to ethanol producers who continue their trajectory of outstanding growth to meet global market demands,” said Ryan LeGrand, U.S. Grains Council (USGC) president and CEO.

“While we are all taking time to celebrate the good news from the GIAF report, USGC staff members are already well into their work to make MY 2024/2025 even better for the U.S. agricultural industry and we look forward to continuing to develop markets, enable trade and improve lives on behalf of U.S. producers.”

The top export markets for U.S. ethanol in MY 2023/2024 were Canada with 654 million gallons sold; the United Kingdom with 226 million gallons sold; India with 170 million gallons sold; the European Union with 140 million gallons sold; and Colombia with 123 million gallons sold.