Australian Dry Bulk Exports

Coal, Iron Ore

In December, Australian iron ore exports (wet basis) declined 0.3 Mt year-on-year to 85.5 Mt, according to Australian Bureau of Statistics data. At 929.6 Mt in 2022, full year outbound shipments were 12.5 Mt above the preceding year.

Meanwhile, December coal exports reached a six-month high of 30.7 Mt. Shipments of steam coal rose 0.9 Mt year-on-year to 16.6 Mt while coking coal declined 0.2 Mt to 14.1 Mt. Weather disruptions curtailed deliveries to port contributing to 2022 exports down 28.5 Mt at 338.5 Mt.