Ethanol fuel imports in Colombia 2010-2024
Colombia imported about 230 million liters of ethanol fuel in 2023, more than six times the amount of the previous year. Additionally, ethanol imports in the South American country were forecast to increase in 2024, totaling 420 million liters. The drop in ethanol fuel import volumes in 2021 and 2022 is the result of a decreased blend mandate and devaluation of the Colombian peso against the U.S. dollar.