4 Frequently Asked Questions about “Photovoltaic panel trading - Inala Strategic Solar”
Does trade friction affect solar photovoltaic trade?
As a key renewable energy, solar photovoltaic (PV) trade also suffers from large-scale trade frictions. China, as the largest solar PV manufacturer and exporter, accounts for 80 % of the global supply chain. Under this background, this paper takes China as a case, to assess the impacts of trade frictions on PV trades.
What is the trade data of global PV products and China PV products?
The trade data of global PV products and China PV products from 2009 to 2023 are from the International Trade Centre (ITC) and China Customs Statistical Database (CCSD), with that of China PV products in 2023, which are not updated in time by ITC supplemented with CCSD.
What are China's solar PV exports?
In 2021, the value of China's solar PV exports was over USD 30 billion, almost 7% of China's trade surplus over the last five years. In addition, Chinese investments in Malaysia and Viet Nam also made these countries major exporters of PV products, accounting for around 10% and 5% respectively of their trade surpluses since 2017.
Do trade frictions affect China's PV exports?
The results show that the frequency of trade frictions against China's PV products increases and fluctuates from 2009 to 2023, with state aid and subsidies as the major type and world trading powers as the primary initiators. Trade frictions have a considerable dampening effect on China's PV exports.
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