Trade Growth

The increase in world chemical production has brought with it an even larger increase in international chemical trade. Chemicals are now manufactured in many production locations around the globe, and prices for chemicals are generally set by global supply and demand. The international trade of chemicals reflects an intensely competitive struggle for markets by the producers in an increasingly global industry.

Business of Chemistry Exports, Imports, and Trade Balance










Economic data generated from the Guide to the Business of Chemistry 2016.

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Jobs

Jobs and Economic Impact

The business of chemistry provides 811,000 skilled, good-paying American jobs—earning 44 percent more than the average manufacturing pay.