|The Port of Gladstone exported 69.6 million mt of coal in 2014.|
Australian coal exports from Queensland have reached a record volume of 216 million metric tons (mt) in 2014, according to latest data from Queensland Resources Council. This equates to a 10% increase from 2013. The state shipped 168 million tons and 196 million tons of coal in 2012 and 2013 respectively. The Port of Gladstone led with 69.6 million mt.
Although China’s imports of thermal coal declined during 2014, Australia increased its market share displacing imports from other large suppliers including Indonesia and South Africa. While China’s coal use is forecast to increase in 2015, the volume of imports will be heavily influenced by policy directives. Coal exports represented $19 billion for in Queensland in FY 2013-2014, according to the QRC.