US sees ‘huge jump’ in ethanol exports to China

The US has seen a “record increase” in ethanol exports to China. According to the US Department of Agriculture (USDA), the figure has jumped from $8 million (£5.4m) to more […]

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By Priyanka Shrestha

The US has seen a “record increase” in ethanol exports to China.

According to the US Department of Agriculture (USDA), the figure has jumped from $8 million (£5.4m) to more than $86 million (£58m) since May 2014.

In October, the country exported 32.5 million gallons of the renewable fuel to China – more than the previous 10 years combined, it added.

That was 46% of total US ethanol exports for the month, valued at around $57 million (£38m).

It follows the USDA’s partnership with 21 states to nearly double the number of fuelling pumps nationwide earlier this year, expanding the ethanol refuelling infrastructure by nearly 5,000 pumps.

USDA Under Secretary for Farm and Foreign Agricultural Services Michael Scuse said: “These are the kind of initiatives that strengthen our rural communities and open new doors and help our farmers and ranchers capitalise on the tremendous export potential for American agricultural products.”

China is the largest market for US food and farm products, with agricultural exports to the country tripling over the last decade, now accounting for nearly 20% of all foreign sales of US agricultural products.