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US solar module imports fall 27% in Q3

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From pv magazine USA

U.S. solar panel imports plunged during Q3, falling 27%, the largest single-quarter drop since 2018, according to research firm Panjiva.

In addition to being down 27% compared to Q2 2021, total module shipments were also down 11%, compared to Q3 2020. Many in the industry are blaming the fall on a proposed expansion of tariffs, introduced by an anonymous group of domestic manufacturers last month.

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Image: Panjiva

The proposed tariffs would apply to manufacturers in Southeast Asia beyond just China, including modules that are imported from Malaysia, Vietnam and Thailand. Those countries account for 80% of all panel imports into the United States.

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Source: pv magazine