Indonesian coal shipments heading for new record in 2024

In 2023, Indonesia’s coal production surged to a record-breaking 775Mt and exceeding the government’s initial target of 694Mt.

A graph with IG colors showing the evolution of Indonesian Cola Exports for the range 2022 - 2024

Customs data also reported coal exports soaring +12% YoY to 521Mt. With the government rising the production quota for 2024 by+30% to 922 Mt, Indonesia is poised to exceed last year’s exports record, as suggested by year-to-date shipment data (AIS) rising +5% YoY to 161Mt and a new seasonal record for Jan-Apr months.

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