Friday, 19 April 2019 | 09:35 WIB

Coal Export to China Reaches $1.68 Bln as of End of August 2017

Coal Mining.

BEIJING, NETRALNEWS.COM - As of August 2017, Indonesia's coal export value to China amounted to $1.68 billion.

This figure is up 63 percent compared to the export value of the commodity in the same period last year which reached $1.03 billion.

However, Indonesia's coal export figure to China during January-August this year remains below Australia whose export value of coal has reached $6.51 billion.

"We are in the second position of China's coal import partners with a share of 17.87 percent," said Trade Attaché of Indonesian Embassy in Beijing Dandy Satria Iswara at the China Coal and Mining Expo (CCME) 2017 in Beijing.

The position of Indonesia is above Russia and Mongolia whose export value of coal is $1.51 billion and $1.46 billion each.

As for the light coal type, Indonesia's export value to China during January-August 2017 has reached $2.12 billion, up 88.7 percent compared to the same period last year which was only $1.12 billion.

Citing Antara, Thursday (10/26/2017), the value of light coal exports from Indonesia to China recorded the highest, followed by the Philippines, Russia, Mongolia, and Malaysia.

The potential of coal in Indonesia is estimated to reach 105.187 million tons with reserves of 21.131 million tons spread over a number of islands across nation.