USA's thermal coal exports up amid rising demand in Asian market

USA's thermal coal exports up amid rising demand in Asian market

The United States has some rich reserves of coal. According to the US import export data reports around 85 million short tons of coal was exported. In which, steam coal contributed to over 44% share in USA's overall coal exports whereas thermal amounted for over 55% share. This year's thermal coal exports crossed 23 million tonnes during August months as compared to 18 million tonnes during the same period. 

USA's coal exports were mostly to Colombia, Russia, Indonesia, Mexico, Vietnam and Kazakhstan. US export data shows that Colombia accounted for maximum coal import shipments from the USA worth over $82 million during last fiscal year. After Colombia, Russia was the second largest importer from the USA with coal imports worth over $41 million last year. 


Also, there was a sharp rise in the demand of US coal from Indonesia, Mexico, India, Vietnam and Kazakhstan.  The latest US bill of lading data shows the thermal coal exports from the USA were all time high in the Asian market. In the last 8 months of FY 2023, USA's thermal exports sales to the Asian market increased by 20%. India, South Korea and China were among the leading thermal coal importers from the USA. 


Asian nations held over 45% share in the USA’s overall coal exports. The total coal exports from the USA has crossed over 10.8 million tonnes. Out of which India was responsible for $7 million tonnes imports followed by Japan (1.4 MT), China (1.1 MT) and South Korea (600K).


After Asia, Europe is the second leading market for USA’s coal exports. The USA was responsible for over 25% share in the overall US coal exports. Among European countries, the Netherlands was the top market for USA’s coal exports. The US customs bill of lading database suggests that Germany, Poland and Spain were other major buyers of US coal. Import value wise, Germany (1 MT), Spain (710K MT) and Poland (217K MT).


While other major markets for US exports were Morocco, Egypt and Dominican Republic . Egypt has imported around 1.9 MT followed by Morocco (1 MT) and Dominican Republic (660K Tonnes). Comparing the overall US coal exports volume in 2023, the coal exports of the country have seen record increase.


On the other hand, US import data shows that China was the major exporter of thermal coal to the United States with exports worth over $214 thousand during FY 2022. The other significant suppliers of coal to the United States were Taiwan, Paraguay, Dominican Republic, Indonesia, Sri Lanka, Thailand, Pakistan and Malaysia.


Some of the top coal supplier companies to the USA were Drummond Ltd, Ooo "Shu "Sadkinskoye", Jembayan Muarabara, Pt Kaltim Jaya Bara and Minerales Y Carbones De Mexico. If you are looking to spot export opportunities in the USA or any other market, you could bank upon global import export data reports.


Exim Trade Data is one such reliable global import export data provider company in the world. Along with the United States, you could explore over 200+ countries import export data reports. It will help you spot verified buyers from the global market through our shipment data. So, what are you waiting for? Get quality leads through Exim Intelligence Platform.

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