ETHANOL: EXPORT GROWS AND YIELDS ALMOST US $ 100 MILLION MORE IN 2018

Brazil exported in 2018 a total of 1.699 billion liters of ethanol, an increase of 19.73% compared to the accumulated 2017 – 1.419 billion liters. Total revenue for the year reached US $ 900.6 million, 11.64% more than US $ 806.7 million in 2017. The data were released this week by the Ministry of Industry, Foreign Trade and Services (MDIC). In December 2018, Brazil exported 107.4 million liters of ethanol, down 27.4% compared to the 147.9 million liters shipped in November 2018 and an increase of 64.8% compared to December 2017, when 65.2 million liters were shipped. Foreign exchange revenues from the sale of biofuel reached US $ 53.5 million in the last month of 2018, down 31.1% from US $ 77.6 million in November. In relation to the US $ 40.4 million in December 2017, there was a 32.3% increase in revenues.
Source: Canal Rural