The global coal export market saw significant participation from a few leading exporters. Australia, leading with a 40.4% share, increased by 2.27% year-on-year in 2023. Behind it, Indonesia, Russia, and the United States hold considerable shares of 16.26%, 14.11%, and 9.31%, respectively, with Russia showing the highest growth of 2.65% among them. Notably, emerging exporters like the Philippines and Malaysia demonstrated substantial year-on-year growth at 5.54% and 8.31%. Declines were observed in countries like China and Germany, dropping by 16.81% and 9.71%, respectively.
Future trends to watch include potential shifts due to global decarbonization efforts, which could see a decrease in coal demand, affecting top export countries. Growing environmental concerns and renewable energy investments may lead to reduced dependence on coal, altering market dynamics. However, countries like Indonesia might offset some declines through strategic partnerships and diversification into high-value coal products.
Top countries in Export of Coal Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Australia | 40.4 | 2023 | +3.07% | +2.27% | View data |
| 2 | 2 Indonesia | 16.26 | 2023 | +2.46% | +1.63% | View data |
| 3 | 3 Russia | 14.11 | 2023 | +3.74% | +2.65% | View data |
| 4 | 4 United States | 9.31 | 2023 | +2.71% | +1.06% | View data |
| 5 | 5 Colombia | 5.37 | 2023 | +2.36% | +2.36% | View data |
| 6 | 6 South Africa | 4.85 | 2023 | +2.19% | +1.53% | View data |
| 7 | 7 Canada | 4.19 | 2023 | +1.93% | -0.12% | View data |
| 8 | 8 Mongolia | 2.34 | 2023 | +4.35% | +2.97% | View data |
| 9 | 9 Mozambique | 0.62 | 2023 | +6.66% | +2.32% | View data |
| 10 | 10 Netherlands | 0.46 | 2023 | -1.76% | -1.73% | View data |
