In 2023, India led the global coal import market with $28.981 billion, followed closely by Japan ($25.373 billion) and China ($22.102 billion). South Korea and Germany rounded out the top five. Significant year-on-year growth was seen in the Philippines, Indonesia, and Myanmar. Conversely, countries like the UK, Bulgaria, and Lebanon experienced major declines, influenced by policy shifts and alternative energy investments.
Future trends to watch include Asia's continuing dominance in coal imports, driven by industrial demand from India and China. Global pushes towards renewable energy and sustainability goals could gradually decrease some countries' reliance on coal, altering the import landscape.
Top countries in Import of Coal by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 28,981,000,000 | 2023 | +4.16% | +3.35% | View data |
| 2 | 2 Japan | 25,373,000,000 | 2023 | +1.65% | +0.014% | View data |
| 3 | 3 China | 22,102,000,000 | 2023 | +2.88% | +2.45% | View data |
| 4 | 4 South Korea | 18,521,000,000 | 2023 | +2.96% | +2.27% | View data |
| 5 | 5 Germany | 6,252,400,000 | 2023 | +1.96% | +1.9% | View data |
| 6 | 6 Brazil | 3,825,700,000 | 2023 | +2.83% | +2.48% | View data |
| 7 | 7 Malaysia | 3,703,100,000 | 2023 | +4.2% | +3.01% | View data |
| 8 | 8 Ukraine | 3,497,700,000 | 2023 | +3.57% | +2.87% | View data |
| 9 | 9 Netherlands | 2,767,400,000 | 2023 | +1.77% | +1.63% | View data |
| 10 | 10 Philippines | 2,287,900,000 | 2023 | +4.77% | +4.35% | View data |
