4 FAQs about Photovoltaic solar panels exported to Europe

Which country exports the most solar panels to the EU?

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.

What is the EU export value of solar panels?

By contrast, the EU export value of wind turbines (€2.8 billion) was much higher than the corresponding value for imports. The EU import value of solar panels decreased by 43% between 2023 and 2024 (see Figure 2), due to a drop in prices, even though the quantity imported slightly increased by +2%.

Which EU country imports the most solar panels in 2023?

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.

What is the EU export value of solar panels & biofuels in 2024?

The EU import values of solar panels and liquid biofuels in 2024 were much higher than the corresponding EU export values which were €0.7 billion for solar panels and €1.8 billion for liquid biofuels. By contrast, the EU export value of wind turbines (€2.8 billion) was much higher than the corresponding value for imports.

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