Indonesia Coal Exports Surge in 2021 – Indonesia Coal Export trade Data
As per the Indonesia Export Data, Indonesia coal shipments during the year 2021 stood at 35.3 million tons, up to 25% year on year basis. In terms of regions, shipments from east Kalimantan, south Kalimantan and Sumatra stood at 18.9 million tons up to 9% year on year, 11.0 million tons up to 56% year on year and 3.7 million tons up to 61% year on year respectively.
The coal shipments of Indonesia during the year 2021 to China accounted for 53% of total Indonesian coal exports and stood at 18.6 million tons up 15% month on month basis. While shipments to India stood at 4.5 million tons down 25% month on month basis.
As per the Indonesia Import Data, renewed Covid-19 outbreaks are slowing the economic recovery in the country and putting pressure on fiscal shortfalls. The rise in coal exports of the country in April 2021 from the previous year led by strong Indian demand. Indonesian authorities are expecting a boost in shipments to continue this year helping the country to meet its output target.
The latest Indonesia Export Data shows that Indonesia shipped 33.15 million tons of coal in April, up from 31.61 million tons last year. Indonesian coal exports benefitted from an increase in demand from India on higher coal burn and a growth in the industrial activity compared with same month last year, when nation-wide lockdown was imposed to curb the spread of the dreadful corona virus weakened economic activity.
Imports of Indonesia and Exports of Philippines surge in Covid-19 Times
Indonesian coal exports rose sharply in the year end of 2020, with shipments to China reaching an all time high. The increase took overall shipment for last year to 407million, slightly higher than a government set target for the year of 400 million tons, even though the exports for the whole of 2020 fell on the year for the first time since 2015.
Indonesian coal production also exceeded the 550 million tons target for 2020 with the output at around 563 million tons. As per Indonesia Customs data, the total coal exports reached 459.1 million tons in 2019.
Indonesia managed to increase shipments to China this year by 19.9% year on year to 82.6m tons through January to July 2021. Shipments to India and Japan also declined sharply and any new restriction on Indonesian coal exporters from the Indonesian government will just add to their already big woes that they the Indonesian exporters are facing on the international market.