This is due to lower production costs in China and the EU’s decision to lift tariffs on Chinese solar panels in 2018. According to Eurostat data, a staggering 98% of solar panels imported into the EU in 2023 came from China. In monetary terms, the EU imported €19.7 billion worth of solar PV panels from China in 2023.
The EU imported €19.7 billion worth of solar photovoltaic panels from China in 2023. In 2023, the EU imported €19.7 billion worth of solar panels, €3.9 billion of liquid biofuels, and €0.3 billion worth of wind turbines from extra-EU countries, according to the Eurostat data.
As Fatih Birol, the executive director of the IEA, was quoted by The Guardian as saying, “If I could sum this [trend] up in two words they would be: China, solar.” China is by far the largest exporter of solar panels to the European Union, accounting for 98% of all EU imports in 2023, new data from Eurostat has shown.
China is by far the largest exporter of solar panels to the European Union, accounting for 98% of all EU imports in 2023, new data from Eurostat has shown. The EU imported €19.7 billion worth of solar panels from extra-EU countries last year, with imports of solar panels up 5% in volume terms, but down 12% in value terms due to lower prices.
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China is by far the largest exporter of solar panels to the European Union, accounting for 98% of all EU imports in 2023, new data …
China is by far the largest exporter of solar panels to the European Union, accounting for 98% of all EU imports in 2023, new data from Eurostat has shown. The EU …
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The EU imported €19.7 billion worth of solar photovoltaic panels from China in 2023. In 2023, the EU imported €19.7 billion worth of …
The EU imported €19.7 billion worth of solar photovoltaic panels from China in 2023. In 2023, the EU imported €19.7 billion worth of solar panels, €3.9 billion of liquid …
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