India's imports of Photovoltaic products from China fall 47%-Shanghai Metals Market

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India's imports of Photovoltaic products from China fall 47%

Translation 10:31:54AM Jul 03, 2019 Source:Polaris solar photovoltaic network
The content below was translated by Tencent automatically for reference.

SMM News: in 2019 Q1, Indian photovoltaic cell and module imports were about $650 million, down 40 per cent from $1.1 billion in the same period in 2018.

In 2019, India exported about $33 million of photovoltaic cells and components, compared with $19 million in the same period last year, up 74 per cent from a year earlier.

India imported about $523 million of photovoltaic cells and modules from China, but down 47 per cent from $991 million in 2018. The share of photovoltaic imports from China also fell to 80.5% from 91.5% of Q1 last year. The main reason is that the Indian government imposes a 25% safeguard tariff on imports of photovoltaic products from China and Malaysia.

Singapore, with a market share of US $40 million, is the second largest importer of Q1 photovoltaic products from India. Vietnam was third, with 6.1%, up from 0.5% last year.

In 2019, India exported $21 million of photovoltaic cells and modules to Vietnam.

India exports 15.4 per cent of its photovoltaic cells and modules to the US, up 90 per cent from a year earlier.

India's major exporters also include the United Arab Emirates (3.7 per cent), South Africa (3.4 per cent), Belgium (2.5 per cent) and Nigeria (1.9 per cent).

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Key Words:  India  imports  photovoltaic 

India's imports of Photovoltaic products from China fall 47%

Translation 10:31:54AM Jul 03, 2019 Source:Polaris solar photovoltaic network
The content below was translated by Tencent automatically for reference.

SMM News: in 2019 Q1, Indian photovoltaic cell and module imports were about $650 million, down 40 per cent from $1.1 billion in the same period in 2018.

In 2019, India exported about $33 million of photovoltaic cells and components, compared with $19 million in the same period last year, up 74 per cent from a year earlier.

India imported about $523 million of photovoltaic cells and modules from China, but down 47 per cent from $991 million in 2018. The share of photovoltaic imports from China also fell to 80.5% from 91.5% of Q1 last year. The main reason is that the Indian government imposes a 25% safeguard tariff on imports of photovoltaic products from China and Malaysia.

Singapore, with a market share of US $40 million, is the second largest importer of Q1 photovoltaic products from India. Vietnam was third, with 6.1%, up from 0.5% last year.

In 2019, India exported $21 million of photovoltaic cells and modules to Vietnam.

India exports 15.4 per cent of its photovoltaic cells and modules to the US, up 90 per cent from a year earlier.

India's major exporters also include the United Arab Emirates (3.7 per cent), South Africa (3.4 per cent), Belgium (2.5 per cent) and Nigeria (1.9 per cent).

Scan QR code and apply to join SMM metal exchange group, please indicate company + name + main business

 

Key Words:  India  imports  photovoltaic