RFA study shows ethanol industry’s exports rose to record $7.2B in 2022

In Washington, according to new statistical reports released by the Renewable Fuels Association, the value of the U.S. ethanol industry’s exports soared to a record level of $7.2 billion in 2022.  Ethanol export volumes strengthened to 1.35 billion gallons in 2022, the fourth-highest level on record, amid tight global fuel supplies. Meanwhile, distillers grains shipments registered at 11.0 million metric tons, down slightly from 2021.

As detailed in the ethanol trade summary report, the 1.35 billion gallons exported in 2022 represented an increase of 9 percent over 2021 and the highest volume since 2019. The value of U.S. ethanol exports surged to $3.77 billion, a record high and an increase of $1 billion over 2021. Shipments to Canada set an annual record for a single destination, tallying more than 500 million gallons. South Korea, the European Union, India, Mexico, and the United Kingdom also were sizable markets.