China's green exports to US surge as AI boom and Iran war lift demand
In May, exports of green energy products from China to the United States experienced significant growth amid rising AI advancements and geopolitical factors. Unassembled solar cells skyrocketed by 346% compared to the previous year, totaling nearly $40 million, while shipping volumes surged by 357%. Additionally, lithium-ion battery shipments, a major trade component, rose by over 20% to approximately $780 million. Lead-acid battery exports also saw remarkable gains, soaring by 151% to nearly $6.72 million, with shipments increasing by 253%. Xinyi Shen from the Centre for Research on Energy and Clean Air noted the influence of easing trade tensions on this trend.
Key facts
- Unassembled photovoltaic cell exports surged 346% year-on-year to $39.96 million.
- Lithium-ion battery export value rose 20.8% to $780 million.
- Lead-acid battery export value increased 151% to $6.72 million.
- Shipment volumes for photovoltaic cells jumped 357%.
- Lithium-ion battery shipment volumes expanded at a similar pace to value.
- Lead-acid battery shipment volumes rose 253%.
- Xinyi Shen is a senior adviser at the Centre for Research on Energy and Clean Air (CREA).
- The surge reflects both short-term trade policy uncertainty and underlying US energy demand.
Entities
Institutions
- Centre for Research on Energy and Clean Air (CREA)
Locations
- China
- United States