US ethanol exports jumped 16% in 2017 despite import tariffs

In Washington, UsAgNet reports that USDA data shows US ethanol exports rose 16% on the year in 2017 to 982 million gallons despite import tariffs imposed by major markets including Brazil and China. Even with a 20% import tariff in place, Brazilian imports rose 13% on the year to 348 million gallons while in China, also with a 20% tariff in place, imports rose 57% over 2016 to 77 million gallons. Increased imports also made their way to Europe and South Korea.