Colombian coal exports have fallen on the monthly as well as on the yearly basis in Aug’17, as per the recent customs data.
Coal export was down 14% M-o-M to 8.78 MnT in Aug’17, which was also 27% lower on the year compared with 11.98 MnT coal exported in Aug’16.
However, Total coal export by Colombia has increased to 63.88 MnT during Jan’17-Aug’17, up 12% Y-o-Y compared with 56.85 MnT coal exported during the corresponding period in CY16.
Grade-wise Coal Exports:
Non-coking exports fell 14% M-o-M to 8.39 MnT in Aug’17, which has a share of more than 95% in Colombia’s total monthly coal export.
Exports of Met coke increased 31% M-o-M to 0.21 MnT, while the other major coal grades’ (Coking coal and Pet coke) shipments had also fallen during the month.
| Grade | Aug’17 | Jul’17 | %Change |
| Non Coking Coal | 8.39 | 9.8 | -14% |
| Met Coke | 0.21 | 0.16 | 31% |
| Coking Coal | 0.14 | 0.19 | -26% |
| Pet Coke | 0.04 | 0.05 | -20% |
| Others | 0 | 0.01 | -100% |
| Grand Total | 8.78 | 10.21 | -14% |
Source: Colombian Custums
Quantity in MnT
Major Coal Importers:
Netherlands replaced Turkey to become the largest coal importer from Colombia in Aug’17.
Netherlands had imported 1.8 MnT coal during the month, which was 45% higher on the month compared with 1.24 MnT in Jul’17. On the yearly basis, coal import was down 34% Y-o-Y compared with 2.71 MnT in Aug’16.
Turkey’s monthly coal import fell 5% to 1.32 MnT in Aug’17, which was also 13% lower on the year compared with 1.51 MnT in Aug’16.
Despite the decline in imports during the month, Turkey still remained the largest coal importer in CY17. The country had witnessed an increase of 27% Y-o-Y in coal imports to 11.77 MnT during Jan’17-Aug’17. However, Turkeys’ share in Colombian coal export is likely to be affected as the Turkish Ministry has recently pled to minimize coal import in order to make full use of their domestic coal.
The largest improvement in coal imports was seen from Chile, who has now become the third largest coal importer of Colombian coal in CY17. The country has although imported mere 0.51 MnT coal in Aug’17; but has already surpassed its total coal import of CY16 during the month.
Total coal import from Chile stood 4.86 MnT during Jan’17-Aug’17, which is 12% higher than the import total of 4.35 MnT coal achieved during CY16(Jan’16-Dec’16).
Source: Colombian Customs
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