Coal exports in the United States fell more than 18.5 percent last year from 2015 as the world continues to experience slow growth and supplier competition, according to the data from the U.S. Energy Information Administration. Exports fell to 60.3 million tons in 2016, down from the 74 million tons shipped out in 2015 and less than half the record 125.7 million tons exported in 2012. The EIA attributed the fall-off to lower mining costs, cheaper transportation costs and favorable exchange rates that provide a market advantage to other major coal-exporting countries such as Australia, Indonesia, Colombia, Russia and South Africa.

– SNL Energy via the Institute for Energy Economics and Financial Analysis

Share This