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.
As per Volza’s China Export data, Solar panel export shipments from China stood at 177.8K, exported by 10,234 China Exporters to14,959 Buyers. China exports most of it's Solar panel to Vietnam, United States and India and is the largest exporter of Solar panel in the World.
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.
China exports most of it's Solar panel to Vietnam, United States and India and is the largest exporter of Solar panel in the World. The top 3 exporters of Solar panel are China with 177,766 shipments followed by Vietnam with 50,111 and Singapore at the 3rd spot with 24,314 shipments.
China currently produces around eight out of every ten solar panels, and the growth in Chinese exports has global implications for the scale-up of clean power. The data reveals that Europe accounted for 52.5% of the value of China’s solar exports in the first half of 2023.
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.
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