This European Union Country Is The Most Greedy For Indonesian Coal, The Impact Of The Russian War?

Illustration (Photo: Doc. Issuer BUMI)

JAKARTA - The Central Statistics Agency (BPS) said that coal trading activities abroad still continued to show growth, especially those aimed at the European region.

Head of BPS Margo Yuwono said Indonesia's coal exports to Benua Biru in the first quarter of 2022 were worth 78.4 million US dollars. That figure then shot to 191.2 million dollars in the second quarter of 2022.

"Indonesia's coal exports to Europe have continued to rise from 2020 to the second quarter of 2022," he said in a virtual press conference on Friday, July 15.

Margo explained, until the first half of Indonesia's coal uptake was mostly purchased by Italy. The European Union country recorded buying more than half of the total exports, which amounted to 111.7 million US dollars.

Followed by the Netherlands at 79.2 million US dollars, Poland at 43.2 million US dollars, and Switzerland at 15.5 million US dollars.

"Coal is an important part of Indonesia's exports," said Margo.

For information, several European countries have begun to reactivate Steam Power Plants (PLTU) as an effort to overcome the energy crisis due to the cessation of gas deliveries by Russia as a result of the war in the Region.

Furthermore, Indonesia's total exports during the first semester of 2022 were reported at US$141.07 billion. This score is up 37.11 percent compared to the same period in 2021.

As for imports, it was stated that it recorded a figure of 116.1 billion US dollars as of June 30 last. This book puts Indonesia's trade balance in a surplus of US$24.8 billion at the end of the first half of this year.