Waaree Solar supplier risk profile Q1 2026: Vietnam-Korea focused sourcing, 16 suppliers, zero sanctions hits.
Waaree Solar imported 301 shipments from 16 suppliers across 5 countries in Q1 2026, with Vietnam accounting for approximately 50% of volume. South Korea provided 32% of shipments, followed by smaller contributions from China, Thailand, and Mexico. The company's primary suppliers included Flat Vietnam (114 shipments from Vietnam, 93 from Korea) and Vietnam Advance Film Material, which sourced plastic materials (HS Chapter 39) alongside other components.
Trigram screen against OFAC SDN, BIS Entity List, UFLPA Entity List, SAM Exclusions, EU FSF, UK HMT, UN SC, and 25+ allied jurisdictions.
Distance-screened against all 380 facilities in the ASPI Xinjiang Data Project. Proximity score: 100 / 100.
Waaree Solar recorded zero sanctions watchlist matches and zero suppliers with forced-labor exposure flagging under UFLPA criteria as of Q1 2026. The importer achieved an overall risk score of 87 (Grade A), with supply chain visibility extending to 13 tier-2 suppliers.
16 distinct tier-1 suppliers in Q1 2026
| FLAT VIETNAM | Vietnam | 114 |
| FLAT VIETNAM | South Korea | 93 |
| VIETNAM ADVANCE FILM MATERIAL | Vietnam | 26 |
| VIETNAM ADVANCE FILM MATERIAL | China | 20 |
| FIRST MATERIAL SCIENCE THAILAND | Thailand | 14 |
| YONZ TECHNOLOGY VIET NAM INVESTME | Vietnam | 11 |
| SHANGHAI HUITIAN NEW MATERIAL | China | 8 |
| VIETNAM ADVANCE FILM MATERIAL | Mexico | 4 |
Share of Q1 2026 inbound shipments by source country
13 tier-2 + 0 tier-3 nodes mapped - sign up to see them.
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