China’s solar imports to US down by 60%

China’s solar imports to the US in June were down by almost 60% compared to the same month last year, according to a US industry group. The Coalition for American […]

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By Priyanka Shrestha

China’s solar imports to the US in June were down by almost 60% compared to the same month last year, according to a US industry group.

The Coalition for American Solar Manufacturing (CASM) said the Department of Commerce’s database showed solar imports for June this year were $99.6million (£63.4million), down by more than $140million (£89.3million) from last year.

There was also a 20% decrease in imports in June this year compared to May.

The news follows a row between the US and China earlier this year, with the US Department of Commerce setting out to tax Chinese solar firms because of concerns they were flooding the American market and selling solar panels below ‘fair market’ value.

The Coalition claimed the decline reflected the market’s rising costs, risks and uncertainties associated with importing Chinese solar panels.

However, despite the decline, Chinese import levels for the first six months of this year still rose, with a 7.3% increase from $1.23billion (£782.7million) for the same period last year.