History! Indonesia’s Coal Exports to the European Union Jumped 1,300%

The volume of value and exports of Indonesia’s coal to the European Union shot in 2022. The surge in exports was supported by high demand and price after the Russian-Ukraine war erupted. The Central Statistics Agency (BPS) reported that Indonesia’s coal export volume to the European Union touched 5, 85 million tons in January-December 2022. The volume jumped 1,373% compared to 2021 which only recorded 396,582 tons. In terms of value, Indonesia’s coal exports to the European Union broke through US $ 1,055 billion throughout 2022. This value shot 4.114% compared to 2021 which reached US $ 25,044 million.

Italy, Spain, Germany, to Poland are several countries that increase Indonesian coal ordering in very large numbers. Italy imported Indonesia’s coal worth US $ 418.14 million in January-December 2022. This achievement was extraordinary considering Italy was not recorded importing Indonesian coal in 2021. Meanwhile, based on BPS records until October 2022, the largest export volume of exports to the European Union is to Poland. The volume of coal exports to Poland reaches 1.9 million tons. The second order is Italy at 1.13 million tons and the Netherlands with 1.04 million tons.

Other European Union countries that recorded a large volume of exports in January-October were Slovenia (143 thousand tons), Switzerland (111 thousand tons), and Croatia (139 thousand tons). Except Slovenia, almost all European Union countries did not import Indonesia’s coal in 2021. Previously, the Ministry of Energy and Mineral Resources had estimated coal exports to Europe, including the European Union and Britain, would record a record in 2022. Exports to all European regions were estimated to reach 6.6 million tons. The previous biggest achievement was 6.2 million tons in 2012.

January 19, 2023, CNBC Indonesia

(https://www.cnbcindonesia.com/market/20230119051620-17-406618/sejarah-ekspor-batu-bara-ri-ke-uni-eropa-melonjak-1300)