Household photovoltaic energy storage foreign trade export

Europe and the USA, as the main export markets for Chinese PV products, successively introduced antidumping, countervailing and other trade-restrictive policies for Chinese PV products from 2011–2012, leading to a significant increase in Chinese PV trade costs and a serious reduction in exports.

PV product trade is an important step in the acquisition of high-quality renewable energy products and the promotion of renewable energy technology globally, especially for economies with growing consumption demand or insufficient domestic product supply, and the development of solar power generation is highly important.

Antidumping and countervailing policies from the EU and the USA significantly reduced the export volume and number of new entrants in the Chinese photovoltaic industry. Despite initial setbacks, both export volume and new entrants experienced a “V”-shaped rebound, with new firms rebounding faster and more significantly.

In the short term, they led to a noticeable and substantial decrease in Chinese PV exports to Europe and the United States. In the long term, the negative impact on Chinese PV exports is not sustainable. The above conclusions are verified as reliable after multiple robustness tests.

However, the EU and the USA have lost a substantial amount of PV product imports. Faced with insufficient domestic production, they have found themselves in a passive situation where production activities are hindered and the market for clean energy applications is lacking.

By 2022, PV modules and other products from China had been top ranking globally for 16 years, with both the export value and volume continuously increasing. On this basis, the trade protection actions of Europe and the USA seem to have promoted the development of the Chinese PV industry, which is astonishing.