Biodiesel imports and exports on record setting pace

Biodiesel imports and exports on record setting pace

February biodiesel imports reached 54.5 million gallons, according to Census Bureau data released today. This was nearly 8% above January imports of 50.6 million gallons and 46% above the 37 million gallons received a year ago. Monthly import volume reached its highest level since September 2023 and was a record high for the month of February, surpassing the February five-year average by 242%.

Biodiesel was imported from six countries, two fewer than in January. Germany, Spain, and Canada were the top contributors, supplying 89% of the volume. Belgium, Italy, and Malaysia provided the balance. February biodiesel imports remain well above the 2023 monthly average of 43 million gallons.

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