Australian Bureau of Statistics
1301.0 - Year Book Australia, 2004
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 27/02/2004
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Australia is a net exporter of coal, LPG, natural gas and uranium. In 2000-01, a total of 11,627 PJ of Australian energy products were exported, comprising 11 458 PJ of primary energy and 170 PJ of derived energy (table 17.11). In terms of energy content, the largest contributors were black coal (47% of total energy exports) and uranium (39%). Crude oil and natural gas contributed 8% and 4%, respectively. Total energy exports (primary plus derived) increased by 121% between 1989-90 and 2000-01. Over this period, exports of primary energy products grew rapidly, particularly uranium (up 161%) and black coal (up 86%). The major derived energy products exported in 2000-01 were aviation turbine fuel (27.8 PJ), diesel (49 PJ) and automotive gasoline (44 PJ).
Table 17.13 shows that the large volumes of exported energy products contributed significantly to Australia's export earnings. The export of energy products contributed about 21% towards Australia's total export earnings in 2001-02, up from 18% in 1993-94. Black coal accounts for by far the largest share of the total value of energy exports (52.2%), followed by crude oil (25.2%) and liquid natural gas (10.3%). Uranium contributes only 1.4% of the total value of energy exports. Imports of energy products (mainly crude oil) made up only 7.5% of the total value of imports in 2001-02. It is important to emphasise that although the quantity of energy exports (by energy yield) has increased by 65% from 1993-94 to 2001-02, the value of energy exports increased by 126%, a key factor of which is the decline of the Australian dollar relative to the US dollar in that period, decreasing by 28% from US$0.73 in 1993-94 to US$0.52 by 2001-02.
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