The US exported 175.4 million gallons (664 million litres) of ethanol in October, u by 95% from a weak September, according to official data, analysed by the Renewable Fuels Association (RFA).
Brazil accounted for 31% of the total volume or 54.5 million gallons, and Canada ranked second with a share of 18%.
Three countries in Asia increased their purchases of US ethanol. In India, the volumes reached a record 29.1 million gallons and in the Philippines there was a nearly tenfold increase to 10.2 million gallons. Exports to South Korea inched up by 4% to 7.7 million gallons.
In the first 10 months of the year, US ethanol exports were up by 30% to 1.42 billion gallons, which, according to the RFA, is already a record.
Asia was also a top destination for US dried distillers grains with solubles (DDGS), with Vietnam and Indonesia getting 112,950 and 96,380 tonnes, closely followed by Thailand and South Korea with 92,959 and 81,351 tonnes. Total exports of US DDGS amounted to 1,018 million tonnes. Neighbouring Mexico was the single largest market with 159,985 tonnes.
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US ethanol exports jump in October, Asia’s contribution grows