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U.S. Chemicals Trade by the Numbers

The shale gas revolution has elevated the U.S. chemicals industry to one of the world’s leading, low-cost suppliers 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.

$125 Billion of total U.S. exports in 2020, accounting for 9.2% of all U.S. goods exports and 10% of all global chemicals exports
25%+ Of the 529,000 Americans employed by chemistry are in export-dependent jobs
48% Of all U.S. chemical exports and 54% of all U.S. chemical imports are between companies and their subsidiaries
50%+ Of all U.S. chemical exports are petrochemicals & derivatives (including plastic resins)
$209 Billion in announced U.S. chemical industry investment in American shale gas, much of which is directed toward U.S. export markets
30% Of U.S. chemical exports come from Texas, the top chemicals exporting state
$25 Billion U.S. industrial chemicals trade surplus in 2020.
2 Largest national markets for U.S. chemical exports in 2020 were Mexico ($19 billion) and Canada ($21 billion)

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