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Thailand Imports Nearly All Solar Panels from China, Dominating Market

by admin477351

Thailand’s solar panel imports have surged by 88.7% in the first seven months of 2026, reaching a total value of $426.7 million, according to data from the country’s Ministry of Commerce and Customs Department. China has been the dominant supplier, accounting for 99.3% of these imports, with shipments from the nation climbing to $423.9 million—a 107.1% increase compared to the same period last year.

This significant rise in imports coincides with Thailand’s preparations for a new household solar installation program. The initiative aims to provide subsidies of approximately THB50,000 per household, initially targeting one million homes, with the potential to expand to 1.5 million. This program is part of Thailand’s broader strategy to encourage the adoption of solar technology, both in rooftop and ground-mounted installations, to reduce electricity costs for households and bolster the domestic clean-energy supply chain.

While China dominates the market, Singapore and Hong Kong also contribute to Thailand’s solar panel imports, each representing about 0.3% of the total value. Despite their smaller share, these imports reflect a growing regional interest in supporting Thailand’s renewable energy goals.

In addition to expanding solar installations, the Thai government is exploring measures to enhance domestic solar panel production. Discussions with the Ministry of Labour focus on training the workforce in solar panel assembly, installation, and maintenance. Concurrently, the Board of Investment is considering reducing duties on production inputs not available domestically, which could further stimulate local manufacturing capabilities.

These efforts underscore Thailand’s commitment to developing a sustainable energy infrastructure that reduces reliance on imported energy and supports local industry. By fostering both installation and production, the government hopes to create a robust ecosystem for clean energy that aligns with national economic and environmental objectives.

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