China's PV glass exports reached 356,800 mt in May [SMM Analysis]

In May, China's PV glass exports reached 356,800 mt, up 15.50% YoY and 30.13% MoM.

In May, PV glass exports to Vietnam were the largest, amounting to 97,900 mt, up 21.01% MoM, maintaining growth for several consecutive months. The top 5 export destinations were Vietnam, India, Thailand, the US, and Malaysia. The top 5 countries remained unchanged, but the US fell to the fourth in May. Indonesia, South Korea, Turkey, Mexico, and Cambodia ranked 6th-10th. The top 10 export destinations accounted for 83.78% of the total exports, with a concentration up 3.59% from April.

China's exports to Vietnam were 97,900 mt, up 21.01% MoM, accounting for 27.44% of the total. Exports to India increased to 75,700 mt, up 39.93% MoM, accounting for 21.23% of the total. Exports to Thailand were 38,700 mt, up 20,400 mt MoM, accounting for 10.85%. Exports to the US were 35,900 mt, up 58.85% MoM, accounting for 10.06%. Exports to Malaysia were 12,700 mt, a slight decrease of 200 mt from April, accounting for 3.57%. Exports to South Korea in May were 8,600 mt, accounting for 2.43%, dropping to the seventh position.