Nov ’19 U.S. Ethanol Export Volumes Declined Slightly From the Previous Month Nov ’19 U.S. Ethanol Export Volumes Declined 1.7% MOM and 24.1% YOY Brazil and Canada Were the Top Destinations for U.S. Ethanol Exports During Nov ’19 Nov ’19 U.S. Ethanol Volumes Destined to Brazil Finished Most Significantly Lower YOY U.S. Ethanol Exports Destined to India & Brazil Have Increased Significantly Over Recent Years Brazil has Accounted for Over 40% of the Total YOY U.S. Ethanol Export Growth Since 2016 U.S. Ethanol Export Volumes Destined to Brazil & China Down the Most Over the Past 12 Mo Nov ’19 U.S. Ethanol Exports to Brazil Declined YOY for the Second Consecutive Month Nov ’19 U.S. – Brazilian Ethanol Net Trade is Projected to Remain Negative A 20% Tariff on U.S. Ethanol Exports Destined to Brazil Took Effect Beginning Dec ’17 Nov ’19 U.S. Ethanol Export Volumes Destined to China Remained Minimal 2018 U.S. Ethanol Export Volumes Destined to China Remained Sharply Below the 2016 Highs The EU-28 Declined to Reinstate Anti-Dumping Duties on U.S. Ethanol Exports During May ’19 Nov ’19 U.S. Ethanol Exports Market Share to the EU-28 Rebounded Month-Over-Month Nov ’19 Ethanol Exports are Projected to Finish Higher YOY for the First Time in Three Months