Value of coal exports Australia FY 2013-2023, by type
In financial year 2023, the export value of coal from Australia was approximately 127 billion Australian dollars. While the value of coal exports tripled over the past decade, a slowdown in China's import of Australian coal led to a decline in the value in 2020-21. More recently, the lifting of trade barriers has led to a sharp increase in coal exports from Australia.
Coal market in Australia
The production of coal in Australia has steadily increased over the past 20 years. Coal is mined in every state, with the largest black coal mines located in Queensland and New South Wales. The country produces significantly more coal than it consumes, resulting in a large coal export market. Most of the coal mined in Australia is exported to eastern Asia.
What is the largest coal mining company in Australia?
The largest coal producer in Australia is a coal mining company that is jointly owned by BHP and Mitsubishi, known as BHP Mitsubishi Alliance (BMA). In 2023, BHP Group was the leading metals and mining company listed on the ASX. BHP is one of the leading global players in the mining sector, with significant revenue reported from its coal segment.
