Colombia: Coal Exports Fall 45% M-o-M in Feb'20
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Colombia's coal exports have decreased by 44.53% on a month-on-month basis to 7.23 million metric tons (MnT) in February 2020, as compared to 13.03 MnT in January, as per the latest customs data compiled by CoalMint Research.
However, on a year-on-year basis, the country's coal exports rose by 7.75% than the export volume of 6.71 MnT in Feb'19.
Furthermore, on a year-to-date basis, Colombian coal exports have totaled 20.26 MnT in the first two months of this year (Jan-Feb'20), up 68.44% against the total exports of 12.03 MnT recorded during the corresponding period of last year (Jan-Feb'19).
Grade-wise United States Coal Export:
| Commodity | February'20 | January'20 | % Change M-o-M | February'19 | % Change Y-o-Y |
| Non Coking Coal | 67,53,437 | 1,23,44,571 | -45.3 | 61,18,627 | 10.38 |
| Met Coke | 2,63,982 | 3,33,905 | -20.9 | 2,52,904 | 4.38 |
| Coking Coal | 1,36,481 | 2,63,790 | -48.3 | 2,22,784 | -38.74 |
| Pet Coke | 73,531 | 87,516 | -16.0 | 81,686 | -9.98 |
| Others | - | - | 31,616 | ||
| TOTAL | 72,27,431 | 1,30,29,782 | -44.5 | 67,07,617 | 7.75 |
Source: Custom Provisional Data, CoalMint Research | Quantity in MT
Major Coal Importers from Colombia in Feb'20:
Turkey, Mexico, Chile, Israel and Netherlands were the top five coal receiving countries from Colombia in the month of February 2020.
Turkey's coal imports from Colombia, its largest supplier, stood at 2.01 MnT in Feb'20, down 49% from its recent all-time high of 3.95 MnT in Jan'20.
Notably, Colombian coal exports to Turkey had surged by a whopping 83% on the month in January, from 2.16 MnT in December 2019.
Turkish thermal coal imports had risen in January as a shortfall in lignite-fired generation capacity underpinned demand for higher-quality foreign material.
Colombia has remained the preferred destination for coal buyers in Turkey. Colombian coal is more competitive than Russian material on the Turkish market because of lower freight rates -- Colombian suppliers can use Capesize vessels, while Russian exporters ship coal on handysize vessels from the Black Sea, coasters from the Azov Sea and Panamaxes from Baltic ports.
Colombian coal receipts by Mexico dropped by 16.7% M-o-M to 1.15 MnT in Feb'20, as compared to 1.38 MnT in the month ago.
Chile emerged as the third-largest coal importer from Colombia during the month of February with imports of 0.82 MnT, despite recording a monthly fall of 16.7% from 0.98 MnT in Jan'20.
Source: CoalMint Research | Quantity in MnT
The following table provides a more detailed breakup of the importing countries.
| Country | Feb'20 | Jan'20 | Change |
| Turkey | 2,008,795 | 3,950,056 | -49.15% |
| Mexico | 1,148,603 | 1,378,959 | -16.71% |
| Chile | 818,692 | 983,623 | -16.77% |
| Israel | 508,120 | 1,106,620 | -54.08% |
| Netherlands | 384,871 | 582,579 | -33.94% |
| India | 357,984 | 440,448 | -18.72% |
| Brazil | 308,899 | 811,861 | -61.95% |
| South Korea | 306,492 | 1,010,336 | -69.66% |
| China | 261,817 | 164,570 | 59.09% |
| Canada | 246,417 | 219,295 | 12.37% |
| Guatemala | 97,475 | 476,383 | -79.54% |
| Others | 779,268 | 1,905,051 | |
| TOTAL | 7,227,433 | 13,029,781 | -44.53% |
Source: CoalMint Research | Quantity in MT
