In the first four months of 2023, China witnessed significant growth in the exports of PV products, including silicon wafers, cells, and modules. Customs statistics reveal that the total value of China's PV product exports during this period reached approximately $19.35 billion, representing a remarkable 18.9% year-on-year increase. Specifically, silicon wafer exports surged by 61.3% year-on-year, reaching an impressive 16.9 GW. Cell exports experienced an even more substantial growth rate of 84.8%, with a total of 12.4 GW exported. Module exports also demonstrated a commendable growth rate of 41.7%, with an export volume of 69.8 GW.
During the same period, Vietnam, Thailand, Malaysia, South Korea, and Taiwan emerged as the primary export markets for silicon wafers. However, in April, there was a notable increase in silicon wafer exports to Malaysian, Cambodian, South Korean, and Indian markets, while exports to Vietnam and Thailand experienced a decline.
Regarding cell exports, Turkey, India, Cambodia, and Thailand emerged as the prominent export markets, collectively accounting for 82% of the total export value. In April, the export of cells to Turkey and Cambodia decreased, while the export to India and Thailand increased. Although exports of modules experienced a decrease in the top ten major markets, exports to France and South Africa saw an encouraging increase.