The Coal Trader

Indonesia’s coal exports in November fell 6.5% MoM but are up 10% YoY

In November this year, Indonesia’s seaborne coal export volume declined from the previous month, but was still higher than the same period last year, with an increase of nearly 10%, the second consecutive month of year-on-year growth.

Kpler ship tracking data shows that in November 2023, Indonesian coal exports were 45.343 million tons, an increase of 9.68% from 41.3423 million tons in the same period last year, and a decrease of 6.5% from 48.4968 million tons in October.

Data show that from January to November, Indonesia exported a total of 464 million tons of seaborne coal, a year-on-year increase of 10.88%.

In November, Indonesian coal was mainly exported to Asia. The export volume was 43.3831 million tons, a year-on-year increase of 6.64% and a month-on-month decrease of 9.09%, accounting for 95.7% of Indonesia’s total coal exports that month.

In terms of export destinations, Indonesia exported the largest amount of coal to mainland China that month, which was 18.5335 million tons, a year-on-year decrease of 11.32% and a month-on-month decrease of 3.66%.

In November, Indonesia exported 9.0868 million tons of coal to India, a year-on-year increase of 60.92% and a month-on-month decrease of 29.6%; Indonesia exported 3.3231 million tons of coal to the Philippines, a year-on-month increase of 24.63% and 2.96% respectively.

In that month, Indonesia exported 2.1772 million tons of coal to South Korea, a year-on-year decrease of 20.01% and a month-on-month increase of 5.3%; Indonesia exported 2.0428 million tons of coal to Malaysia, a year-on-month increase of 11.2% and 26.71% respectively.