What percentage of Australian economy is coal?

How much does coal contribute to Australia’s economy?

In financial year 2020, the export value of coal from Australia was approximately 54.62 billion Australian dollars.

Does Australia’s economy rely on coal?

Coal-fired power still provides around 65 per cent of Australia’s electricity and remains the most reliable form of power generation. “Australia has shown that emissions reductions are possible alongside maintaining our critically important resources sector.

Who is the biggest exporter of coal?

Searchable List of All Coal Exporting Countries in 2020

Rank Exporter 2019-20
1. Australia -26.3%
2. Indonesia -23.3%
3. Russia -22.5%
4. United States -37.9%

How long will Australia’s coal last?

At 2016 production levels, Australia’s current recoverable EDR of black coal is expected to last 125 years.

What is Australia’s biggest export earner?

Searchable List of Australia’s Most Valuable Export Products

Rank Australia’s Export Product 2020 Value (US$)
1 Iron ores, concentrates $78,830,087,000
2 Coal, solid fuels made from coal $32,477,570,000
3 Petroleum gases $26,972,247,000
4 Gold (unwrought) $17,484,609,000
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