Malaysia's Coal Imports In 2022 Showing Positive Signs For Suppliers

30 August 2022
Malaysia Coal Imports 2022

Malaysia's coal imports are increasing this year, with a frequency of significantly rising values each month. The total import value of coal in Malaysia amounted to $4.02 billion in the year 2021.

 

The value of coal imports in Malaysia has also been observed to be rising frequently over the past years. The evaluation of Malaysia import data for coal imports gave us positive signs for the top foreign coal suppliers of Malaysia.

 

 

Malaysia’s Coal Imports

 

Malaysia continues to record the highest growth in the imports of coal in its nation. The table below shows the imports of coal in the past decade, ranging from 2010 to 2021. As evident from Malaysia's import data below, the value of coal imported in Malaysia has been rising frequently.


 

Malaysia's Coal Imports (2017-2021)

Year

Value USD Billion

2017

2.51

2018

3.19

2019

2.91

2020

2.30

2021

4.02

 

 

 

Malaysia’s Coal Import Partners

 

According to Malaysia’s import data 2021, Malaysia’s top importing partners for the imports of coal in 2021 were – Indonesia (65.2%), followed by Australia (25%), Russia (7.4%), Colombia (0.9%), and South Africa (0.8%). Indonesia and Australia are accounting for the highest imports.

 

 

Malaysia's Top Importing Partners For Coal (2021)

Country

Value USD %

Indonesia

65.2

Australia

25

Russia

7.4

Colombia

0.9

South Africa

0.8

 

 

Malaysia’s Coal Imports 2022 Trends

 

Malaysia’s coal imports 2022 have been evaluated in the table below, representing the monthly trend of coal imports in Malaysia for 2022. In January, the import value amounted to $260.1 million, followed by $378.6 million in February, $494.9 million in March, and $611 million in April. The import value of April is the highest of all, amounting to $759.4 million.


 

 

Malaysia's Coal Imports Trends – By Months

Month

Value USD Million

January

260.16

February

378.60

March

494.99

April

611.06

May

759.46

 

 

The import values in each month are clearly showing that imports of coal in Malaysia have been rising frequently and rapidly this year, showing promising signs of further growth. This is good news for all the foreign suppliers of coal exporting to Malaysia, especially Indonesian suppliers.

 

The Indonesian coal export bans heavily affected Malaysia and other countries around the world. If the Indonesian government cooperates with other countries in boosting global trade and economy, the trade benefit will cease to grow for both Indonesia and other countries.

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