Who export coal from Australia?
Major Export Markets For Australian Coal (2019)
Country/Area | Million Tons Coking | Million Tons Total |
---|---|---|
Japan | 35.8 | 116.8 |
China | 39.6 | 89.4 |
India | 45.3 | 50.1 |
Other | 30.3 | 49.8 |
Has Australia stopped exporting coal to China?
In October 2020, China effected a ban on imports of Australian coal. Australian exports account for 58% of the global seaborne trade or metallurgical coal, essential to primary steelmaking. China is a steelmaking hub, accounting for 57% of world steel production in 2020.
How much of Australia’s export is coal?
Australia exports 77% of its Coal production (427,044,241 tons in 2016).
Who is the largest coal exporter?
Indonesia
Indonesia remained the world’s largest exporter of coal (by weight) with total exports of 455 Mt in 2019. Australia ranked second, at 395 Mt, although it remains at the top of the league table ranked by energy and economic values. China was the largest importer of coal in 2019 at 308 Mt, followed by India at 249 Mt.
Who is buying Australian coal now?
India has turned out to be a favorite destination for Australian coal. Shipments from Australia to India have grown five-fold in the first three quarters of 2021, rising 503% year on year, to 16.5 million mt in the January-September period, according to data by Iman Resources.
Why did China stop buying Australian coal?
According to the South China Morning Post, a quarter of production capacity in Shanxi—the province that produces the most coal—has been shut down for safety reasons. Coalmine closures for safety reasons have also been ordered in Henan and Hebei provinces.
How much coal does Australia export from the coal industry?
Exports of Coal – Coke and Briquettes in Australia increased to 3812 AUD Million in May from 3679 AUD Million in April of 2021. source: Australian Bureau of Statistics 1Y 5Y 10Y
What are Australia’s exports of coal-coke and briquettes?
Australia Exports of Coal – Coke and Briquettes – values, historical data and charts – was last updated on January of 2022. Exports of Coal – Coke and Briquettes in Australia is expected to be 3650.86 AUD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations.
What happened to bituminous coal in Australia?
Total production of bituminous coal in Australia was 405 million tonnes (Mt.), down from 471 Mt. in 2009–10. The drop was largely as a result of the Queensland floods of January 2011 where production declined from an expected 200 Mt. to 163 Mt.
How do China’s policies affect Australian coal demand?
More generally, Chinese policies could have a large impact on Australian coal demand, given that China accounts for close to a quarter of Australian metallurgical coal exports. These policies might include fiscal stimulus aimed at boosting infrastructure spending, environmental measures or changes to coal import policies.