INTERNATIONAL TRADE IN ENERGY PRODUCTS
In 2007-08 Australia exported a total of 13,559 PJ of energy products, comprising 13,412 PJ of primary energy products and 147 PJ of derived energy products (table 19.8). In terms of energy content, the largest contributors were black coal (53% of total energy exports) and uranium (35%), followed by liquefied natural gas (LNG) (6%) and crude oil (4%). Total energy exports increased by 15% from 2002-03 to 2007-08 with LNG up 88% and black coal up 22%.
19.8 ENERGY PRODUCTS, Volume of exports and imports |
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![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | Exports
| ![](/icons/ecblank.gif) | Imports
|
![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | 2002-03 | 2007-08 | Change from
2002-03 to 2007-08 | ![](/icons/ecblank.gif) | 2002-03 | 2007-08 | Change from
2002-03 to 2007-08 |
![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | PJ | PJ | % | ![](/icons/ecblank.gif) | PJ | PJ | % |
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Primary energy products | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) | Black coal | 5 908 | 7 183 | 21.6 | ![](/icons/ecblank.gif) | - | - | - |
![](/icons/ecblank.gif) | Crude oil and ORF(a) | 779 | 594 | -23.7 | ![](/icons/ecblank.gif) | 1 086 | 1 019 | -6.2 |
![](/icons/ecblank.gif) | LPG | 82 | 67 | -19.0 | ![](/icons/ecblank.gif) | 8 | 25 | 222.1 |
![](/icons/ecblank.gif) | LNG | 426 | 802 | 88.4 | ![](/icons/ecblank.gif) | 23 | 202 | 798.7 |
![](/icons/ecblank.gif) | Uranium | 4 509 | 4 765 | 5.7 | ![](/icons/ecblank.gif) | - | - | - |
![](/icons/ecblank.gif) | Total | 11 705 | 13 412 | 14.6 | ![](/icons/ecblank.gif) | 1 117 | 1 246 | 11.6 |
Derived energy products | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) | Automotive gasoline | 36 | 22 | -40.6 | ![](/icons/ecblank.gif) | 57 | 121 | 111.2 |
![](/icons/ecblank.gif) | Aviation gasoline | 2 | 3 | 88.2 | ![](/icons/ecblank.gif) | 2 | - | -100.0 |
![](/icons/ecblank.gif) | Aviation turbine fuel | 24 | 75 | 217.3 | ![](/icons/ecblank.gif) | 16 | 68 | 329.7 |
![](/icons/ecblank.gif) | ADO and IDF(b) | 41 | 18 | -56.2 | ![](/icons/ecblank.gif) | 63 | 288 | 359.1 |
![](/icons/ecblank.gif) | Fuel oil and kerosene | 17 | 20 | 21.7 | ![](/icons/ecblank.gif) | 25 | 66 | 164.1 |
![](/icons/ecblank.gif) | Other petroleum products(c) | 9 | 9 | - | ![](/icons/ecblank.gif) | 13 | 91 | 613.4 |
![](/icons/ecblank.gif) | Briquettes | - | - | - | ![](/icons/ecblank.gif) | - | - | - |
![](/icons/ecblank.gif) | Coke | 7 | - | -100.0 | ![](/icons/ecblank.gif) | - | - | - |
![](/icons/ecblank.gif) | Total | 135 | 147 | 8.9 | ![](/icons/ecblank.gif) | 176 | 634 | 260.8 |
Total | 11 839 | 13 559 | 14.5 | ![](/icons/ecblank.gif) | 1 292 | 1 880 | 45.5 |
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- nil or rounded to zero (including null cells) |
(a) Other refinery feedstock (ORF). |
(b) Automotive diesel oil (ADO) and industrial diesel fuel (IDF). |
(c) Also includes lubricants and greases, bitumen and other bituminous products, solvents, waste oils and diesel. |
Source: Australian Bureau of Agricultural and Resource Economics,'Australian Energy Statistics - Australian Energy Update', 2009, Table J. |
By contrast, total imports of energy products were relatively small (1,880 PJ in 2007-08) (table 19.8). Crude oil made up 54% of total energy imports in 2007-08. Imports of primary energy products have increased from 1,117 PJ in 2002-03 to 1,246 PJ in 2007-08 (up 12%). Imports of derived energy products (mainly petroleum-based products), have increased substantially from 176 PJ in 2002-03 to 634 PJ in 2007-08 (up 261%).
Graph 19.9 shows the comparison between energy exports and imports from 1997-98 to 2007-08.
19.9 EXPORTS AND IMPORTS OF ENERGY PRODUCTS
![Graph: 19.9 EXPORTS AND IMPORTS OF ENERGY PRODUCTS](/AUSSTATS/ABS@.NSF/a9ca4374ed453c6bca2570dd007ce0a4/392eb3d7f44cf20fca25773700169ccb/Body/0.3732!OpenElement&FieldElemFormat=gif)
Table 19.10 shows the value and contribution of energy products to Australia's trade. In 2007-08 the export of energy products contributed $45.6b (25%) towards Australia's total merchandise export earnings. Black coal accounted for 54% of the total value of energy exports in 2007-08 ($24.4b), followed by crude oil (21%) and LNG (13%). Imports of energy products (mainly crude oil) accounted for $30.5b (15%) of the total value of Australia's imports in 2007-08. Over the period 2002-03 to 2007-08 the value of crude oil imports increased by $9.0b (up 115%).
While the volume (in PJ) of energy exports has increased by 15% in the period 2002-03 to 2007-08 (table 19.8), the value of energy exports over the same period increased by 88%, partly due to price increases for energy products in the period. Although uranium accounted for over a third of all exports by energy volume, the value of uranium exports contributed only 2% of the total value of energy exports in 2007-08.
19.10 ENERGY PRODUCTS, Value of exports and imports |
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![](/icons/ecblank.gif) | Exports
| ![](/icons/ecblank.gif) | Imports
|
![](/icons/ecblank.gif) | 2002-03 | 2007-08 | Change from
2002-03 to 2007-08 | ![](/icons/ecblank.gif) | 2002-03 | 2007-08 | Change from
2002-03 to 2007-08 |
![](/icons/ecblank.gif) | $m | $m | % | ![](/icons/ecblank.gif) | $m | $m | % |
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Black coal(a) | 11 941 | 24 415 | 104.5 | ![](/icons/ecblank.gif) | 8 | 6 | -25.0 |
Crude oil and ORF(b) | 5 882 | 9 599 | 63.2 | ![](/icons/ecblank.gif) | 7 813 | 16 766 | 114.6 |
LPG | 853 | 1 181 | 38.5 | ![](/icons/ecblank.gif) | 78 | 436 | 459.0 |
LNG | 2 607 | 5 855 | 124.6 | ![](/icons/ecblank.gif) | - | 724 | - |
Uranium oxide | 429 | 888 | 107.0 | ![](/icons/ecblank.gif) | - | - | - |
Refinery products | 2 469 | 3 623 | 46.7 | ![](/icons/ecblank.gif) | 2 688 | 12 610 | 369.1 |
Total of energy products | 24 181 | 45 561 | 88.4 | ![](/icons/ecblank.gif) | 10 587 | 30 542 | 188.5 |
Total merchandise trade | 115 480 | 180 857 | 56.6 | ![](/icons/ecblank.gif) | 133 128 | 202 308 | 52.0 |
|
- nil or rounded to zero (including null cells) |
(a) Coking plus steaming. |
(b) Other refinery feedstock (ORF). |
Source: International Trade in Goods and Services, Australia, July 2009 (5368.0); Australian Bureau of Agricultural and Resource Economics, 'Australian Mineral Statistics', 2009. |