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Australia leads the world in coal exports while Japan is the biggest importer of the combustible mineral substance that generates 40% of the world's electricity.
In the People’s Republic, coal-based electricity costs much less than cleaner alternative energy sources. And while the price of Chinese coal has increased 29% from 2002 to 2005, that’s far below the 79% rise in global coal prices. Top Coal Consuming RegionsLed by China, Asia-Pacific countries accounted for 65% of world hard coal consumption in 2006 (up 23% since 1996). North America consumed 18% (down 22%) while European Union nations used 7% (down 36%), followed by Russia’s 6% (down 25%). Top Coal ProducersAccording to the World Coal Institute, the following countries produced the most hard coal in 2006. Hard coal excludes brown coal, the lowest rank of coal used almost exclusively as fuel to generate steam-electric power.
Countries other than China have significantly reduced coal production. Top Coal ExportersIn 2006, the following seven nations exported the most coal by weight.
Russia had the fastest percentage increase in coal exports while America achieved the greatest percentage decrease. Top Coal ImportersThe following seven countries imported the most coal by weight in 2006.
Based on available statistics, Japan imported the most coal and grew its imports at the fastest rate. References for this ArticleThis article presents independent calculations and insights based on statistical data from the World Coal Institute and Chindia: How China and India Are Revolutionizing Global Business (by Pete Engardio). For a list of source materials complete with links to the most current information on country-specific GDP, trade partners, imports and exports, visit the Richest Research Sources panel at the top right of the World’s Richest Countries website. That site is a reference toolkit developed specifically for international trade researchers.
The copyright of the article Top Coal Countries in Import/Export is owned by Daniel Workman. Permission to republish Top Coal Countries in print or online must be granted by the author in writing.
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