Strong Fourth Quarter Lifts 2021 Biodiesel Import Total Over 2020
The US exported a record high of 177.6 million gallons of biodiesel during 2021. Exports eclipsed the prior 2020 record of 142.8 million gallons by nearly 25 percent. Canada was the leading destination for exports, receiving 80 percent of the yearly volume. Peru and the Netherlands were distant followers, collecting 11 percent and five percent respectively.
Biodiesel Imports surged during the fourth quarter, lifting total imports for the year to 203.3 million gallons. This was the largest volume of imports received since 2017 when anti-dumping and countervailing duties were imposed on Argentina and Indonesia for subsidizing shipments of biodiesel into the U.S. Canada was the largest supplier to the U.S., sending 56 percent of the yearly total. Imports from Germany and Spain were the next largest volumes received at 15 percent and 14 percent.
During…
Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!