China PV module exports expand 77.6% in Q1

Published: Jun 4, 2019 14:28

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The average export price shrank 25.75% year on year, to $0.26/W, which contributed to the greater exports

SHANGHAI, Jun 4 (SMM) – China exported 16.78 GW of photovoltaic modules in the first quarter, up 77.63% from a year ago, according to the latest data from the China Chamber of Commerce for Import & Export of Machinery and Electronic Products (CCCME).

Value of the exports stood at $4.39 billion, up 31.89% from January-March of 2018. The average export price shrank 25.75% year on year, to $0.26/W, which contributed to the greater exports.

Chinese solar modules entered 186 countries in the first quarter, with Vietnam, the Netherlands, India, Japan, and Australia as the top five export destinations.

Market commentary PV

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