Despite a Decline, Coal Remains a Mainstay of Indonesian Commodity Exports

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Viva Budy Kusnandar 08/07/2021 12:22 WIB

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Coal export value in 2020 sharply decreased by 23.26 percent to US$14.55 billion compared to the previous year.

Coal Export Volume and Value (2005-2020)

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Despite a Decline, Coal Remains a Mainstay of Indonesian Commodity Exports

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Coal Export Volume and Value (2005-2020)

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Indonesia's coal export value in 2020 sharply decreased by 23.26 percent to US$14.55 billion compared to US$18.96 billion the previous year. The decline in price and reduced demand led to this decrease in coal export value. Despite the drop, coal remains a mainstay of Indonesia's commodity exports.

According to data from the Central Statistics Agency (BPS), the contribution of coal exports to total exports last year (US$163 billion) reached 9.39 percent. This percentage is second only to palm oil, which reached 11.9 percent. The global economic slowdown, particularly in China due to the COVID-19 pandemic, reduced global coal demand, thus impacting Indonesia's supply.

Coal export volume showed an upward trend from 2005, reaching a record high of 384.3 million tons with a value of US$26.2 billion in 2012. However, it then declined until 2016. Subsequently, it increased again until 2019, driven by rising demand from China.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Despite a Decline, Coal Remains a Mainstay of Indonesian Commodity Exports

Despite a Decline, Coal Remains a Mainstay of Indonesian Commodity Exports

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Despite a Decline, Coal Remains a Mainstay of Indonesian Commodity Exports

Despite a Decline, Coal Remains a Mainstay of Indonesian Commodity Exports

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