About Export of photovoltaic modules
In 2024, China exported approximately 236 GW of photovoltaic modules, marking a 13% increase compared to the previous year1. In the first 10 months of 2023, exports reached 212 GW, which was a 19% increase over the total exports for 20222. The main export destinations included countries like Brazil, the Netherlands, India, Saudi Arabia, and Spain, with these top five countries accounting for about 42% of the global market1. Additionally, unassembled modules represented 8.7% of total photovoltaic cell exports by value3. Overall, the photovoltaic module export market is experiencing significant growth, particularly in regions outside of Europe.
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6 FAQs about [Export of photovoltaic modules]
Where do solar PV exports come from?
The latest monthly solar PV export data from the world’s largest exporter, China, by country or region of destination. Ember China solar export dataset provides the following information: The IEA has stated that China’s solar photovoltaic exports account for 80% of the global market.
How many solar modules does China Export to Europe?
Over the last 12 months, China exported 111 GW of solar modules to Europe, the same amount as the total installed PV capacity of the United States. With a total over the last 12 months of 19 GW, Brazil is the largest single destination for China’s solar module exports outside of Europe.
What are China's solar PV exports?
In 2021, the value of China’s solar PV exports was over USD 30 billion, almost 7% of China’s trade surplus over the last five years. In addition, Chinese investments in Malaysia and Viet Nam also made these countries major exporters of PV products, accounting for around 10% and 5% respectively of their trade surpluses since 2017.
What is China's photovoltaic export value?
The export value, which includes photovoltaic products such as silicon wafers, cells and modules, reached about $43 billion during the first 10 months, the China Photovoltaic Industry Association said on Friday.
How many solar modules does China Export in 2022?
This is equivalent to about 84 GW of modules, more than half of China's total module exports in 2022. According to Tan Youru, an analyst at BloombergNEF, China exported 212 GW of solar cells and modules in the first 10 months of 2023, some 19 percent more than exports in the whole of 2022.
Which country exports the most PV modules in 2022?
The European Union was the biggest destination for China's PV exports in 2022, buying nearly $23 billion worth of products, up 113 percent year-on-year. This is equivalent to about 84 GW of modules, more than half of China's total module exports in 2022.