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As Indonesia's coal exports surged in 2022, the EU and India benefited greatly. Banchero Costa, a ship broker, said in its latest weekly report, "After the slow start in the first quarter, the global coal trade really accelerated last year, and now it has fully recovered to the level before the COVID-19. According to the Huacheng Import and Export Data Observation, in the whole 12 months of 2022, the total amount of global coal shipments by sea increased by 5.9% year-on-year, from 113.83 million tons in 2021 to 120.49 million tons, although still lower than the 175.6 million tons from January to December 2019. As mentioned above, the worst situation occurred in At the beginning of the year, the trend in recent months has become more and more positive. In the first quarter of 2022, the global loading capacity decreased by 4.8% year-on-year to 257.4 million tons, down 20.3% from the first quarter of 2019. In the second quarter of 2022, coal loading increased by 8.5% year-on-year to 313.8 million tons, down 4.1% from the second quarter of 2019. In the third quarter of 2022, the shipment volume increased again to 317.2 million tons, up 6.3% year-on-year, only 0.7% higher than the third quarter of 2019. In the fourth quarter of 2022, the loading capacity was 316.5 million tons, an increase of 12.9% over the fourth quarter of 2021 and 0.6% over the fourth quarter of 2019. "

According to Huacheng Import and Export Data Observation, "From January to December 2022, the export of Indonesia increased by 21.2% year-on-year to 388.9 million tons, while the export of Australia decreased by 5.0% year-on-year to 330.3 million tons. The import of seaborne coal from the European Union increased by 33.9% year-on-year to 116.5 million tons, while the import of India increased by 13.6% year-on-year to 203.8 million tons, and the import of China decreased by 3.2% year-on-year to 234.7 million tons. Indonesia became the largest seaborne coal exporter in the world 32.3% of the seaborne coal market. "

According to the observation of Huacheng's import and export data, Indonesia's total seaborne coal exports reached 388.9 million tons by the end of the 12 months of 2022. This is 21.2% higher than 321 million tons in 2021, 25.4% higher than the low point of 310.3 million tons in 2020, and 0.7% higher than the record 386.2 million tons in 2019. Most of the coal exported by Indonesia is loaded in East Kalimantan and South Kalimantan (Borneo), and some are loaded from the south of Sumatra.

According to Huacheng Import and Export Data Observation, China is still the largest importer of Indonesia's seaborne coal exports, accounting for 36.9% of the shipments. From January to December 2022, Indonesia's shipments to China remained unchanged by 0.0% to 143.5 million tons, while the year-on-year growth in 2021 was 38.6%. About 22.6% of exports, i.e. 88 million tons in 2022, were shipped to India, up 78.9% from 49.2 million tons in 2021, but still lower than 91.5 million tons shipped to India in 2019. Exports to Japan also rebounded, with a year-on-year increase of 19.2% to 25.5 million tons, and Japan accounted for 7% of Indonesia's exports. The Philippines imported 23.9 million tons of coal, up 27.2% year on year, of which the Philippines accounted for 6%. Exports to South Korea also increased by 27.8% year-on-year to 23.9 million tons. Malaysia's exports were 19.5 million tons, an increase of 8.5% year on year. Huacheng's import and export data observation report.