China Exported $19.3 Billion Of Solar Panels In The First Four Months Of The Year

China Exported Billion Dollars of Solar Panels in the First Four Months of the Year
China Exported $19.3 Billion Of Solar Panels In The First Four Months Of The Year

Official data show that China recorded strong growth in the export value of photovoltaic (PV) products in the first four months of the year. According to the data released by the Ministry of Industry and Information Technologies, exports of PV products increased by 18.9 percent year on year to $ 19.35 billion.

The ministry noted that the PV industry saw a high operating rate, especially in the March-April period. Again in this period, polysilicon production increased by 72,1 percent and silicon wafer production increased by 79,8 percent annually.

In the statement made by the China Photovoltaic Industry Association, the country made exports of 2022 billion dollars in 51,25. This figure corresponds to an 2021 percent increase over $28,4 billion in 80. Europe, which accounts for approximately 55 percent of the export volume of photovoltaic modules, maintains its position as China's most important export market with an increase of 10,9 percent compared to the previous year. As a transfer station for the export of photovoltaic modules in Europe, the Netherlands maintains the top position in China's photovoltaic module export market segment.