75 per cent (380 Mt)
People also ask
What is Australia鈥檚 largest coal export?
Australia is the world鈥檚 largest coal exporter, 鈥?accounting for 35 per cent of all coal exported 鈥?with the majority of the tonnages travelling to our nearby neighbours in Asia. Despite being the world鈥檚 largest exporter, coal is only our second largest export, after iron ore and ahead of gold,…
How much coal is exported from the world?
Leading fossil fuel export Global sales for coal exports from all countries totaled US$82.8 billion in 2020. Worldwide, the value of coal exports increased by an average 15% for all exporting countries since 2016 when overall coal shipments were valued at $72 billion. Year over year, the value of exported coal dropped -26.6% from 2019 to 2020.
How much coal does Australia have left?
Australia has proven reserves equivalent to 1,231.3 times its annual consumption. This means it has about 1,231 years of Coal left (at current consumption levels and excluding unproven reserves). Australia consumes 129,642,679 Tons (short tons, st) of Coal per year as of the year 2016.
Is Australian coal gaining market share in India?
Notably, Australian coal in India has been gaining market share, according to Rajah. Marcel Thieliant, senior Australia and New Zealand economist, concurred. While Australia鈥檚 non-iron ore exports to China have slumped by 40% over the past year, 鈥渃oal miners have been able to divert their shipments to other countries,鈥?he said.