Technical FAQs 4

What were Venezuela tariff rates for 2019?

Venezuela tariff rates for 2019 was 10.19%, a 1.32% increase from 2018. Weighted mean applied tariff is the average of effectively applied rates weighted by the product import shares corresponding to each partner country. Data are classified using the Harmonized System of trade at the six- or eight-digit level.

What were Venezuela tariff rates for 2020?

Venezuela tariff rates for 2020 was 14.06%, a 3.87% increase from 2019. Venezuela tariff rates for 2019 was 10.19%, a 1.32% increase from 2018. Weighted mean applied tariff is the average of effectively applied rates weighted by the product import shares corresponding to each partner country.

Which solar companies do not incur import tariffs?

Other “Domestic” Suppliers: A few manufacturers with U.S.-based production or assembly – such as Hanwha Qcells (Georgia factories), First Solar (Ohio), Mission Solar (Texas), and Silfab (Washington) – do not incur these import tariffs on their U.S.-made panels. They have an effective price advantage now.

How will tariffs affect solar panels & inverters in 2025?

In summary, as of April 2025 we see solar panel prices up by 20–40% (depending on origin), inverters up ~10–30%, and battery costs up significantly (~30% or more) compared to pre-tariff levels. These increases correlate directly with the reciprocal tariff rates imposed (34% on China, 36–49% on SE Asia, etc.), underlining the tariffs’ impact.

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Venezuela solar container battery tariff rate

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