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
$179
Billion of total U.S. exports in 2022, accounting for 10.3% of all U.S. goods exports
29%
Growth in chemical exports over past decade
50%+
Of all U.S. chemical exports are petrochemicals & derivatives (including plastic resins)
39%
Exported between companies & subsidiaries
57%
Imported between companies & subsidiaries
28%
Share of chemical shipments exported globally
$24
Billion plus U.S. industrial chemicals trade surplus in 2022
2
Largest national markets for U.S. chemical exports in 2022 were Canada ($31 billion) and Mexico ($31 billion)
