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Who buys India’s solar panels and cells? Export destinations 2024

In 2024, India exported $1.7 billion of solar panels and cells (540 thousand tonnes), 2.2% of the world total. The United States bought 95% of the total, followed by Bangladesh (1%) and the United Arab Emirates (1%). India was the world’s 9th-largest exporter of solar panels and cells.

Summary

Value
$1.7billion
Tonnes
540thousand tonnes
Share of world total
2.2%
World rank
9th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
United States1.6Tonnes: 528,786USD per tonne: $3,08195.2%Sea
Bangladesh0.02Tonnes: 6,032USD per tonne: $3,2351.1%Land
United Arab Emirates0.02Tonnes: 78USD per tonne: $243,4511.1%Air
Sri Lanka0.02Tonnes: 72USD per tonne: $236,4620.99%Air
Nigeria0.01Tonnes: 1,164USD per tonne: $4,6210.31%Sea
Canada< 0.01Tonnes: 590USD per tonne: $6,0380.21%Sea
Thailand< 0.01Tonnes: 38USD per tonne: $72,5530.16%Air
Bahrain< 0.01Tonnes: —USD per tonne: —0.13%Sea
Vietnam< 0.01Tonnes: 359USD per tonne: $3,2710.07%Sea
Zimbabwe< 0.01Tonnes: 424USD per tonne: $2,6990.07%Sea
China< 0.01Tonnes: 119USD per tonne: $8,2350.06%Land
Senegal< 0.01Tonnes: 365USD per tonne: $2,4580.05%Sea
Nepal< 0.01Tonnes: 107USD per tonne: $7,4810.05%Land
Hong Kong re-exports< 0.01Tonnes: —USD per tonne: —0.04%Sea
France< 0.01Tonnes: 99USD per tonne: $5,9650.03%Sea
Uganda< 0.01Tonnes: 87USD per tonne: $5,4990.03%Sea
Kenya< 0.01Tonnes: 87USD per tonne: $5,1990.03%Sea
Germany< 0.01Tonnes: 54USD per tonne: $7,9170.02%Sea
Mexico< 0.01Tonnes: 21USD per tonne: $18,5440.02%Sea
South Africa< 0.01Tonnes: 89USD per tonne: $3,5930.02%Sea

Trend

Who it sells to

The United States has been its main destination since 2014

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

  • United States 1.6
  • Bangladesh 0.02
  • United Arab Emirates 0.02
  • Sri Lanka 0.02
  • Nigeria 0.01

Source: CEPII BACI

Show the numbers
Partner19952024
United States< 0.011.6
Bangladesh00.02
United Arab Emirates00.02
Sri Lanka00.02
Nigeria00.01

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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