International
China’s green exports to the US rise as AI boom and Iran war drive up demand
Chinese exports of green energy and batteries to the United States have accelerated amid demand in the booming U.S. AI sector, as cooling trade tensions and energy security fears linked to the war in Iran boost global appetite for renewable energy equipment.
Energy-related products posted some of the strongest gains among Chinese exports to the United States last month, according to the latest customs data. Exports of unassembled photovoltaic cells jumped 346 percent year-on-year to $39.96 million, while shipment volumes jumped 357 percent.
Lithium-ion batteries, which are among China’s top five exports to the United States, also recorded solid growth. The value of exports increased by 20.8 percent from the previous year to $780 million, with shipping volumes increasing at the same rate.
Lead-acid batteries have also increased sharply. Export value increased 151 percent year-on-year to $6.72 million, while shipment volumes increased 253 percent.
Released on Saturday, the data comes after the May summit between President Xi Jinping and US President Donald Trump – the first visit by a sitting US president in nearly nine years – which marked a thaw in bilateral relations and laid the groundwork for renewed economic engagement. It also comes amid growing energy security concerns after months of disruption in the Strait of Hormuz, which hosted about a fifth of global oil flows before the U.S.-Israeli war with Iran erupted in late February.
Xinyi Shen, senior advisor at the Center for Clean Energy and Air Research (CREA), said May’s export performance reflected both the short-term impact of easing trade tensions and underlying demand in the U.S. energy system.
“On the one hand, uncertainty surrounding Sino-U.S. trade policy remains, prompting some companies and buyers to advance deliveries or replenish inventories,” Shen said.
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