Value of U.S. chemical exports by state 2022

With over 60 billion U.S. dollars of chemical exports in 2022, Texas reported the highest export value among all U.S. states. Louisiana came in second that year with 13.17 billion U.S. dollars, with these top two states accounting for over half of the total chemical exports in the country. Other significant states in terms of export values included New Jersey, California, and Illinois.

Overview of the U.S. chemical industry

The chemical industry in the United States is a significant sector that generates billions of dollars in revenue annually. In 2021, chemical shipments from the United States were worth 769 billion U.S. dollars while the industry's total revenue was valued at 492.4 billion U.S. dollars that year. Although this figure represents a reduction compared to its maximum total revenue of 818.2 billion U.S. dollars, recorded in 2015, the United States is still home to several of the world's leading chemical companies. As such, the value of the United States' chemical exports has increased from around 76.8 billion U.S. dollars in 2001 to approximately 233 billion U.S. dollars in 2021.

The global chemical industry and its key players

The global chemical industry is a lucrative sector that generates billions of dollars in revenue annually. In 2021, the chemical industry's total worldwide revenue stood at 4.73 trillion U.S. dollars. China leads the world in chemical exports, with exports amounting to over 106 billion U.S. dollars in 2021, followed by the United States with exports worth over 56 billion U.S. dollars that year. China is also the largest consumer of chemicals, with a consumption value of 1.76 trillion euros in 2021. In comparison, the United States' chemical consumption amounted to around 412 billion euros in the same year.