Coal exports rocketed 40% or $11.7 billion to $40.4 billion for the three months to June 2022.
Australian coal can counterpunch Putin's aggression.
The outlook for the resources and energy sector remained positive.
However, mineral and metals exports start to freefall.
The latest export figures showed the reports of coal's impending death were greatly exaggerated.
Coal was worth $3.7 billion to the Australian economy in December alone.
Even as total volume of Australian coal exports have dropped values have surged.
The value of metallurgical coal exports is forecast to fall to $22 billion in 2020-21.
Trade figures showed how Australia's resources and energy sector continued to underpin its economy.
Asian thermal coal imports are expected to grow by more than 270 million tonnes to 1.1Bt.
Australia sends between 20-25% of both its total coking and thermal coal exports to China.