Solar Market and Cost Analysis
Modules Imported (GWdc)
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
U.S. Module Imports by Region
U.S. Module (c-Si + CdTe) Imports by Region
Q1
2020
Q4
TO
Q2
Q3
2021
2022
Q3
Oct-Nov
Malaysia
Vietnam
Thailand
Cambodia
■South Korea
India
China
Rest of Asia
N. America
■ROW
-
In Q3 2022, U.S. module imports continued their
upward trend (+14%, 890 MW dc q/q), totaling
18.3 GWdc in Q1-Q3 2022 (-2% y/y, -460 MWdc).
Import levels had decreased after the withhold release
order (WRO) on PV cells and modules was announced in
late Q2 2021. Additionally, many manufacturers in
Southeast Asia had reduced production levels earlier in the
year with the announcement of a U.S. antidumping and
countervailing duties circumvention investigation. When
the 2-year waiver was announced in June, manufacturers
said it would take time to ramp production back up.
As in Q2, the Q3 increase was predominantly the result of
increased imports from Vietnam (+41% q/q, 847 MW).
Imports from Canada and Mexico grew nearly threefold in
Q1-Q3 2022 (+290 MW y/y).
Though Q4 is not yet complete, it has already nearly
matched Q3 imports.
This has been mainly the result of imports from Vietnam,
which totaled nearly 2.7 GW (2.2 GW c-Si + 0.5 GW thin
film) over October and November.
Imports from India have also doubled from Q3 to the as-
yet-incomplete Q4 (+120 MW).
Sources: Imports by HTS code: 8541460015(2018-2021)/8541430010(2022-) and 8541460035(2018-2021)/8541430080(2022-), Second Quantity (watts) from the U.S. International
Trade Commission DataWeb as well as the U.S. Census Bureau USA Trade Online tool and corrections page as of 1/23/23.
NREL 49View entire presentation