BIMCO Shipping Number of the Week: Coal shipments to China fall 10% with further decline on the horizon - 信德海事
China's Coal Import Decline: A Comprehensive Market Analysis China's Seaborne Coal Imports: A 10% Decline Signals Market Transformation Overview
In 2026, China's seaborne coal shipments experienced a significant 10% reduction, driven by increased domestic supply and diminished industrial demand.
Key Market Dynamics Thermal coal comprises 87% of maritime imports Coking coal accounts for remaining 13% Tonne miles decreased by 21% Regional Impact
Major exporters affected include:
Indonesia United States Australia Colombia Market Implications
The decline suggests a potential long-term restructuring of global coal trade, with domestic Chinese production and shifting industrial strategies playing crucial roles.
Source: BIMCO
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