Coal trade by sea is shifting from Europe to other markets
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Report "Coal 2018, Analysis and forecast 2023" of International Energy Agency shows that Europe was the only shrinking market in a sea coal trade in 2017. Countries such as: Brazil, Taipei, Korea, Malaysia, Mexico, Morocco, Philippines, Pakistan, Turkey and Vietnam observed the biggest coal imports, while China increased their result by 15Mt. With further growth in 2018, in China and India, sea coal trade was approaching 1 billion tons.