PIERS has partnered with Informex to create a one of a kind report available for free download that examines top markets for U.S. chemical exports based on the volume of waterborne shipments.
The report titled Market Opportunities for U.S. Chemical Exports: An Examination of Growth Across Major Markets examines top markets for U.S. chemical exports classified under chapters 28 & 29 of the harmonized tariff schedule. In each of these markets, the report provides a macro-assessment of selected commodities that have shown significant growth between 2007 and 2011 and are traded in relatively high volume. The report was designed to give chemical manufacturers, distributors, end users, and those servicing the chemical supply chain, a high-level of view of top markets based on aggregate data for U.S. chemical exports.
"Not only does the report identify which commodities are showing the highest sustained growth year-over-year, but the analysis of each of these commodities allows you to better understand at a macro-level what it is that is likely to be driving these trends," said Wael Jarous, Senior Vice President, PIERS – UBM Global Trade.
Markets covered in the report include Brazil, India, China, South Korea, Belgium, and the Netherlands. Some key findings include:
- U.S. exports of Nucleic Acids (HS Code 2934) to Brazil grew 491 percent from 2007 to 2011
- U.S. exports of Halogenated Derivatives of Hydrocarbons (HS Code 2903) to China grew 129.7 percent from 2007 to 2011
- U.S. exports of Titanium Oxides (HS Code 2823) to India grew 579.5 percent from 2007 to 2011
- U.S. exports of Oxides of Boron; Boric Acids (HS Code 2810) to South Korea grew 63.1 percent from 2007 to 2011
- U.S. exports of Cyclic Hydrocarbons (HS Code 2902) to Belgium grew 115.8 percent from 2007 to 2011
- U.S. exports of Boron and Borates (HS Code 2810) to the Netherlands grew 405.2 percent from 2007 to 2011