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Where does Hong Kong get its solar panels and cells? Import sources 2024

In 2024, Hong Kong imported $3.9 billion of solar panels and cells (6 thousand tonnes), 5% of the world total. Its main sources were China (36%), Malaysia (17%) and Japan (15%). Hong Kong was the world’s 4th-largest importer of solar panels and cells.

Summary

Value
$3.9billion
Tonnes
6thousand tonnes
Share of world total
5%
World rank
4th
Routes from the main sources. Width: value; color: estimated transport mode.SeaAirLand

Sources

The 20 main sources in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
China1.4Tonnes: 4,752USD per tonne: $295,80535.8%Land
Malaysia0.66Tonnes: 76USD per tonne: $8,688,45516.8%Air
Japan0.58Tonnes: 42USD per tonne: $13,759,42014.8%Air
Singapore re-exports0.42Tonnes: 117USD per tonne: $3,597,18810.7%Air
Taiwan0.3Tonnes: 160USD per tonne: $1,876,3027.6%Air
Thailand0.12Tonnes: 313USD per tonne: $385,3013.1%Air
South Korea0.12Tonnes: 86USD per tonne: $1,335,5692.9%Air
Philippines0.09Tonnes: 80USD per tonne: $1,093,9272.2%Air
Switzerland0.08Tonnes: 1USD per tonne: $79,704,9782%Air
United States0.06Tonnes: 73USD per tonne: $813,7271.5%Air
Germany0.04Tonnes: 34USD per tonne: $1,149,6580.98%Air
Vietnam0.02Tonnes: —USD per tonne: —0.47%Sea
France0.02Tonnes: 2USD per tonne: $6,909,5510.42%Air
United Kingdom0.01Tonnes: 23USD per tonne: $291,8650.17%Air
Netherlands re-exports< 0.01Tonnes: 4USD per tonne: $936,0390.11%Air
Russia< 0.01Tonnes: —USD per tonne: —0.08%Sea
Belgium re-exports< 0.01Tonnes: 9USD per tonne: $306,4770.07%Air
Bahrain< 0.01Tonnes: —USD per tonne: —0.06%Sea
Macao< 0.01Tonnes: —USD per tonne: —0.04%Sea
Canada< 0.01Tonnes: 91USD per tonne: $10,2680.02%Sea

Trend

Who it buys from

China has been its main source since 2006

Value in USD billions. The five largest sources in 2024.

  • China 1.4
  • Malaysia 0.66
  • Japan 0.58
  • Singapore 0.42
  • Taiwan 0.3

Source: CEPII BACI

Show the numbers
Partner19952024
China0.061.4
Malaysia< 0.010.66
Japan0.050.58
Singapore0.010.42
Taiwan0.020.3

Sources and methodology

Other products of this country

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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