Global purchases of imported coal totaled US$152
billion in 2018. That dollar amount reflects a 30% increase since 2014 when
imported coal cost $116.9 billion and an 11.4% uptick from 2017 to 2018.
From a continental perspective, Asian countries accounted for the highest dollar worth of imported coal in 2018 with purchases amounting to $112.6 billion or 74.1% of the worldwide total. In second place were European importers at 19.6%.
Smaller percentages were sold to Latin America (3.4%) excluding Mexico but including the Caribbean, North America (1.5%), Africa (1.4%) and Oceania (0.1%) led by New Caledonia.
Among the above countries, the fastest-growing markets for coal since 2014 were: Vietnam (up 700.5%), Turkey (up 431%), Philippines (up 142.7%) and Poland (up 110.5%).
Below are the 15
countries that imported the highest dollar value worth of coal during 2018.
Japan: US$25.4 billion
(16.7% of total coal imports)
India: $24.6 billion
(16.2%)
China: $19.6 billion
(12.9%)
South Korea: $16.5
billion (10.9%)
Taiwan: $8.1 billion
(5.3%)
Netherlands: $5.9
billion (3.9%)
Germany: $5.7 billion
(3.7%)
Turkey: $4.4 billion
(2.9%)
Brazil: $3.4 billion
(2.2%)
Malaysia: $3.2 billion
(2.1%)
Ukraine: $3 billion (2%)
Poland: $2.2 billion
(1.5%)
France: $2.1 billion
(1.4%)
Vietnam: $1.9 billion
(1.2%)
Philippines: $1.8
billion (1.2%)
By value, the listed 15
countries purchased 84.1% of all coal imports in 2018. Within parenthesis is
the percentage of overall global coal shipments.
Norb
Leahy, Dunwoody GA Tea Party Leader
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