China Solar Panel Exports To Us

Less than 6 percent of.

China solar panel exports to us.

Import capacity is reported in direct current because it reflects the panel capacity while operating capacity in the united states is. Together the top 10 account for 66 gigawatts gw of the 91 5 gw of the solar panels shipped last year a market share of 70. Chinese solar equipment is cheaper than indian mainly due to economies of scale at its manufacturing units as well as the fact that. Wang bohua vice chairman of the china photovoltaic industry association also told a conference on thursday that the value of the country s solar component exports hit 17 74 billion over the.

Last year china s largest destination for solar exports was india 30 9 percent of exports with japan 17 2 percent taking the second largest overseas market spot. When calculating us duty rates on solar panels from china you need to remember about checking the additional tariffs. In matters of current us and china trade war in 2018 the trump administration put 30 tax on imported solar cells and panels which is to decline annually and reach 15 in 2021. It found that chinese companies still comprised nine of the top 10 solar panel exporters in 2018.

However with january 15th s phase 1 trade deal the solar industry can breathe a partial sigh of relief. The new york listed jinkosolar holding co. Access to the us market has come into question since the trump administration announced a 30 per cent tariff on solar panel imports from china while india has discussed a 70 per cent duty. Imports of solar modules measured in direct current dc totaled 13 gigawatts gwdc up from 2 gwdc in 2010 with two thirds of 2016 imports coming from malaysia china and south korea.

China was the biggest exporter of solar equipment to india according to mercom s findings during the 10 month period with 87 market share and accounting for 1 9 billion while malaysia was a distant second with 8 share at a total value of 170 42 million.