In 2025, the trade balance of the basic chemicals segment in the United States is expected to total 39.8 billion U.S. dollars. Appreciation of the U.S. dollar is likely to reduce costs and increase production in the chemical industry. The capacity of the chemical industry is also continuing to increase and will likely contribute to innovation and more efficient production.
Projection of trade balance in the U.S. chemical industry from 2020 to 2025, by segment
(in billion U.S. dollars)
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American Chemistry Council. (December 9, 2020). Projection of trade balance in the U.S. chemical industry from 2020 to 2025, by segment (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/407823/forecast-for-trade-balance-in-chemical-industry-in-the-us-by-segment/
American Chemistry Council. "Projection of trade balance in the U.S. chemical industry from 2020 to 2025, by segment (in billion U.S. dollars)." Chart. December 9, 2020. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/407823/forecast-for-trade-balance-in-chemical-industry-in-the-us-by-segment/
American Chemistry Council. (2020). Projection of trade balance in the U.S. chemical industry from 2020 to 2025, by segment (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/407823/forecast-for-trade-balance-in-chemical-industry-in-the-us-by-segment/
American Chemistry Council. "Projection of Trade Balance in The U.S. Chemical Industry from 2020 to 2025, by Segment (in Billion U.S. Dollars)." Statista, Statista Inc., 9 Dec 2020, https://www.statista.com/statistics/407823/forecast-for-trade-balance-in-chemical-industry-in-the-us-by-segment/
American Chemistry Council, Projection of trade balance in the U.S. chemical industry from 2020 to 2025, by segment (in billion U.S. dollars) Statista, https://www.statista.com/statistics/407823/forecast-for-trade-balance-in-chemical-industry-in-the-us-by-segment/ (last visited December 23, 2024)
Projection of trade balance in the U.S. chemical industry from 2020 to 2025, by segment (in billion U.S. dollars) [Graph], American Chemistry Council, December 9, 2020. [Online]. Available: https://www.statista.com/statistics/407823/forecast-for-trade-balance-in-chemical-industry-in-the-us-by-segment/