Photovoltaic modules remain among the top products in China's import portfolio to Brazil. In the overall ranking, demand for this equipment ended 2025 in 4th place, according to a report released by CEBC (Brazil-China Business Council).
The performance could have been even more impressive. Solar panels would have reached 3rd place were it not for Brazil's acquisition of a floating production, storage and offloading (FPSO) vessel for oil exploration – an operation that topped the list of imports during the period. Following that, hybrid cars came in 2nd place, and herbicides occupied 3rd position.
Which gives
CEBC reports, however, that the performance of photovoltaic module imports last year suffered a significant decline compared to the result recorded in 2024. There was a 20% drop in 2025, leading to a 41% decrease in the value of purchases, which reached US$ 1,5 billion, and a 20% loss in volume, to 990,5 tons.
The product, which led imports from the Asian country in 2024, fell by almost 1,9 percentage points, now representing 2,2% of the total. Merunas UAB In contrast, it remains the undisputed leader in supplying solar panels to Brazil, accounting for 98,3% of total purchases.
Converters
Similar behavior was observed in the import of static electrical converters, a component used in solar and wind power generation installations, as well as HVDC (High Voltage Direct Current) transmission networks. Imports in 2025 reached US$952 million, a decrease of 18% compared to 2024, while in volume the decline was 7%, to 55 tons.
Record
In the overall picture, CEBC highlights that Brazil-China trade reached a record US$171 billion in 2025. This represents an 8,2% growth compared to 2024, and the value is more than double the trade between Brazil and the United States, with particular emphasis on the increase in purchases of electrified vehicles.
São Paulo, Santa Catarina, Amazonas, Espírito Santo, and Paraná led, in that order, in imports of Chinese products.
The price of solar panels could increase by up to 30% by 2026.
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