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

In 2024, Malaysia exported $6 billion of solar panels and cells (718 thousand tonnes), 7.6% of the world total. Its main destinations were the United States (49%), China (13%) and Hong Kong (11%). Malaysia was the world’s 3rd-largest exporter of solar panels and cells.

Summary

Value
$6billion
Tonnes
718thousand tonnes
Share of world total
7.6%
World rank
3rd
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 States2.9Tonnes: 665,136USD per tonne: $4,40249.2%Sea
China0.76Tonnes: 10,567USD per tonne: $72,27912.8%Air
Hong Kong re-exports0.66Tonnes: 76USD per tonne: $8,688,45511.1%Air
Germany0.41Tonnes: 380USD per tonne: $1,090,6767%Air
Singapore re-exports0.36Tonnes: 23USD per tonne: $15,666,6096%Air
Mexico0.11Tonnes: 595USD per tonne: $192,5101.9%Air
Taiwan0.11Tonnes: 3,009USD per tonne: $35,0601.8%Sea
Japan0.1Tonnes: 443USD per tonne: $230,2371.7%Air
India0.1Tonnes: 20,577USD per tonne: $4,8131.7%Sea
South Korea0.09Tonnes: 74USD per tonne: $1,281,7921.6%Air
Thailand0.05Tonnes: 166USD per tonne: $292,6640.82%Land
Poland0.05Tonnes: 41USD per tonne: $1,160,2910.8%Air
France0.04Tonnes: 6,217USD per tonne: $5,7840.6%Sea
Canada0.03Tonnes: 5,160USD per tonne: $6,0960.53%Sea
Vietnam0.03Tonnes: 1,247USD per tonne: $24,2900.51%Sea
United Kingdom0.02Tonnes: 55USD per tonne: $314,7100.29%Air
Indonesia0.01Tonnes: 49USD per tonne: $273,6980.22%Land
Czechia0.01Tonnes: 18USD per tonne: $640,7490.2%Air
Spain0.01Tonnes: 46USD per tonne: $223,0280.17%Air
Turkey0.01Tonnes: 514USD per tonne: $14,9460.13%Sea

Trend

Who it sells to

The United States has been its main destination since 2012

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

  • United States 2.9
  • China 0.76
  • Hong Kong 0.66
  • Germany 0.41
  • Singapore 0.36

Source: CEPII BACI

Show the numbers
Partner19952024
United States0.122.9
China< 0.010.76
Hong Kong< 0.010.66
Germany0.090.41
Singapore0.040.36

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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