Australian Iron Ore and Coal Exports in 2016
Coal, Iron Ore
Australia exported 78.7 Mt of iron ore in December, up 8.0 Mt year-on-year and an all-time high, according to Australian Bureau of Statistics data. Shipments have now risen on an annual basis for 11 consecutive months, resulting in annual growth of 45.0 Mt in 2016 exports, to 849.2 Mt.
Australian coal exports were similarly strong in December with coking coal shipments rising by 3.4 Mt to a record 18.6 Mt, while steam coal cargoes were up by 1.3 Mt to 19.4 Mt. However, weaker growth in earlier months meant total Australian coal exports in 2016 were only up by 1.4 Mt year-on-year at 389.0 Mt.