The United States Department of Energy (USDOE) projects that in the long term (2020) 37.9 billion litres of biofuels will be traded globally, 30.2 billion litres of which will be produced in Central and South page | 35 America. The European Union and the United States would account for the major share of biofuel imports, the US alone is projected to import 15.1 billion litres in 2020 to meet RFS mandates (USDOE, 2008a). A number of countries that would most likely become biofuel or feedstock suppliers to the United States have already been identified in a recent study.