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Value of U.S. chemical shipments 2001-2017

Value of United States chemical shipments from 2001 to 2017 (in billion U.S. dollars)

by M. Garside, last edited Aug 14, 2019
Value of U.S. chemical shipments 2001-2017 This statistic depicts the value of all United States chemical shipments from 2001 to 2017. In 2017, chemical shipments from the United States were worth some 765 billion U.S. dollars.
U.S. chemical shipments

Chemical shipments must be regulated in order to ensure the safe transportation of potentially hazardous materials. In the United States, chemical shipments are regulated by the Department of Transportation, the International Air Transport Association, and the Environmental Protection Agency. Through the U.S. Department of Transportation, the Pipeline and Hazardous Materials Safety Administration regulates the movement of chemicals to industries and consumers through any mode of transportation. They have developed standards for classifying, handling, and packaging many shipments within the nation. Shipping chemicals internationally may often require specific regulations such as permits and is regulated by the International Air Transportation Association.

Much of the global chemical output is produced by a handful of nations. The United States is the largest national producer of chemical products in the world. However, chemical shipments in the Asia-Pacific region totaled 2.79 trillion U.S. dollars in 2016, up from 2.3 trillion U.S. dollars in 2011. This region accumulated the greatest value of global chemical shipments. In 2016, chemical shipments in the United States totaled more than 767 billion U.S. dollars. The chemical manufacturing industry in the U.S. garnered a gross operating surplus of 260.3 billion U.S. dollars in 2015.
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Value of United States chemical shipments from 2001 to 2017 (in billion U.S. dollars)

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