U.S. chemical manufacturers are one of the world’s leading, low-cost supplies of chemicals. Duty-free trade and access to key export markets are critical to helping our industry capitalize on its competitive advantage and maximize growth.
U.S. Chemicals Trade by the Numbers
$164
Billion exported, accounting for 10% of all exported U.S. goods
18%
Growth in U.S. chemical exports over the past decade
50%+
Of all U.S. chemical exports are petrochemicals & derivatives (including plastic resins)
39%
Of U.S. chemical exports support companies with operations in other countries
57%
Of chemical imports support companies with operations in the U.S.
26%
Of U.S. chemical shipments exported globally
$30+
Billion trade surplus tied to U.S. chemical exports
2
Largest export markets for U.S. chemical exports in were Canada ($29 billion) and Mexico ($28 billion)
