Indonesia has been the largest exporter of thermal coal globally for years. Despite weak coal prices, its exports have been fairly resilient thanks to low production costs and proximity to coal importing countries in Asia.
Real-time data shows that shipments for June have been the highest in 5 years:
Week 25 and 26 exports: ~7.2mt and ~7.1mt
June 2021 exports: ~31mt
More satellite and machine learning based real-time insights on dry bulk commodities can be accessed 24/7 with the DBX software platform.
Source: DBX
