United States chemical trade balance

Trade patterns for chemical products differ markedly from those of overall trade. Countries like China and Taiwan, for example, which have large surpluses in their overall trade accounts, have sizeable deficits in their trade in chemicals. The United States and Britain, on the other hand, have large trade deficits overall, but trade surpluses, or at least somewhat balanced trade flows in chemicals. 

In foreign trade, the chemical industry of the United States has consistently performed in an outstanding manner. While the overall balance of trade has been negative, the chemical industry has been one of the truly strong sectors in the economy of the United States, Table 2.4. Year after year, the trade balance of chemicals has been positive and thus has had... 

With respect to imports, Germany imports a greater dollar volume than the United States. The dollar value of the U.S. chemical trade with specific countries is presented in Table 9.6. In 1995 the chemical balance of trade with Australia, Latin America, Africa, and Asia (with the exception of Japan and China) was greater than 4 1. With the more highly industrialized nations, like Canada, the... 

In foreign trade, the performance of the chemical industry of the United States has been outstanding. While the overall balance... 

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