Russia's seaborne coal exports rebound 61.67% MoM in Mar, Kpler

Russia's seaborne coal exports totaled 14.38 million tonnes in March 2023, climbing 21.57% from the preceding month and marking the first rebound after four straight months of decline, according to Kpler's cargo-tracking data.


The volume was also 136.76% higher compared with the year-ago level, data showed.



Shipments to Asia increased 29.51% from the preceding month and 37.57% year on year to 11.02 million tonnes in March, representing 77% of the country's total exports.


Exports to China's mainland came in at 5.88 million tonnes, surging 61.67% month on month and 136.76% from a year ago.


India returned back to its second place, with shipments at 1.80 million tonnes, which rose 44.60% from a month earlier and 260.38% from a year ago.


Exports to South Korea were registered at 1.64 million tonnes, down 11.07% from the preceding month and 7.88% from a year ago.


In February, Russia exported 1.90 million tonnes of seaborne coal to Europe, climbing 14.06% from the preceding month yet still 50.16% lower compared with the year-ago level. The shipments represented 13.21% of the total.


Russian coal exports to transcontinental Turkey stood at 1.60 million tonnes, rising 9.02% month on month and 203.29% year on year, data showed.


Over January-March, Russia's total seaborne coal exports were 39.13 million tonnes, up 5.58% year on year.


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