In 2019, Australia exported $64 billion worth of coal. Japan was Australia’s largest customer, accounting for 27 per cent of our total coal exports (worth $17 billion).
How much money does Australia make from exporting coal?
In financial year 2019, the export value of coal from Australia was approximately 69.6 billion Australian dollars. The value of coal exports had almost doubled over the past decade, with coal being one of the leading export commodities in the country.
What is Australia’s most valuable export?
Searchable List of Australia’s Most Valuable Export ProductsRankAustralia’s Export Product2019 Value (US$)1Iron ores, concentrates$65,696,854,0002Coal, solid fuels made from coal$44,427,676,0003Petroleum gases$36,187,544,0004Gold (unwrought)$16,231,821,000Ещё 6 строк
How much is coal worth to Australia?
Australia Coal Price is at a current level of 62.82, up from 58.40 last month and down from 66.99 one year ago.
How much coal does Australia produce?
Who is the largest exporter of coal?
Searchable List of All Coal Exporting Countries in 2019RankExporter2018-91.Australia-5.9%2.Indonesia+4.1%3.Russia-6.1%4.United States-19.2%Ещё 6 строк
Is Australia the largest exporter of coal?
In 2016, Australia was the biggest net exporter of coal, with 32% of global exports (389 Mt out of 1,213 Mt total), and was the fourth-highest producer with 6.9% of global production (503 Mt out of 7,269 Mt total).
What is Australia’s top 5 exports?
Australia’s main export is iron ore, followed by their other most valuables exports coal, gold, and petroleum. These exports alone rake in $48.2 billion, $47 billion, $29.1 billion, and $20.3 billion, respectively. Of course, the country also ships other noteworthy items including food, wine, and cars.
What is Australia’s biggest import?
Australia’s Top Ten Imports
- #1 Machinery (AUD$46.2 billion) …
- #2 Mineral fuels (AUD$43.9 billion) …
- #3 Vehicles (AUD$43.6 billion) …
- #4 Electrical machinery and equipment (AUD$37.1 billion) …
- #5 Medical/technical equipment (AUD$12 billion) …
- #6 Pharmaceuticals (AUD$11.8 billion) …
- #7 Gems and precious metals (AUD$9.5 billion)
What is Australia’s biggest export to China?
Iron ore, gas and coal make up the bulk of Australian exports to China (more than AUD 79 billion), but Australian service industries – led by education and tourism – are a growing part of the trade relationship.
How long will Australia’s coal last?
How clean is Australian coal?
Australia’s electricity sector is the nation’s largest source of greenhouse gas pollution, producing 33% of Australia’s greenhouse gas pollution levels in 2017. There is no such thing as clean coal. No matter how “efficient” a coal-fired power station, it is always polluting.
What is the biggest coal mine in Australia?
Peak Downs coal mine
Why does Australia rely on coal?
Coal is primarily used as a fuel to generate electricity and in Australia is used to produce about 80% of the nation’s electricity requirements. … These early coal mining activities made a significant contribution to the progress of European settlement in Australia.
Who is the biggest buyer of Australian coal?
Which country has the best quality coal?
Experts told Fact Check that Australia’s coal is on average high quality as a result of its low moisture and ash content, and high carbon content, compared with other countries, particularly Indonesia, the largest coal exporter in the world.