Export to Japan in June via Ningbo Customs increases by 180%

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Category: Ningbo Business

Published: Tuesday, 17 July 2012 10:09

Updated statistics of Ningbo Customs show that in June, 25,000 solar batteries were exported to USA via Ningbo Customs, valuing 407,700 US dollars, dropping down by 91% against the same period in the previous year. In the same month, 13,000 batteries were exported to Japan, valuing 1.5 million US dollars, increased by 18% over the same period in the previous year.

In the first half of this year, 7,712,000 solar batteries were exported to via Ningbo Customs, valuing 850 million US dollars, reduced by 35.3% against the same period in the previous year. The average price for each battery is 110.8 US dollars, dropping by 58.9%. On May 17, U.S. Department of Commerce made a preliminary affirmative determination of anti-dumping investigation of the solar batteries of China, and the involved Chinese companies are affected by temporary anti-dumping tax ranging 31.14% to 249.96%. This resulted in the radical drop of the export of solar batteries to the USA via Ningbo Customs.

With the situation in USA and Europe, the market in Japan became a new point of economic for the export of solar batteries. On July 1, the act on subsidies on photovoltaic devices of Japan was in effect. According to the act, in the following 20 years, the power companies of the country shall purchase the solar power generated by homes and enterprises. The subsidy is 42 yen/kwh, or about 3.36 yuan/kwh.

A related person of Ningbo Customs pointed out that this year, it is likely that Japan and Italy might become the 2nd largest market in the world for photovoltaic devices, a very promising prospect. Therefore, related enterprises of Ningbo should be well prepared for the opportunity