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The Chemical Manufacturing Industry's Revenue for the Year 2006 Was Approximately USD632,130,000,000

Posted on: Monday, 10 September 2007, 09:00 CDT

Research and Markets (http://www.researchandmarkets.com/reports/c67885) has announced the addition of "Chemical Manufacturing Subsector in the U.S. and its Foreign Trade (1997-2009)" to their offering.

This industry report focuses upon the Chemical Manufacturing Subsector. The Chemical Manufacturing subsector is based on the transformation of organic and inorganic raw materials by a chemical process and the formulation of products. This subsector distinguishes the production of basic chemicals that comprise the first industry group from the production of intermediate and end products produced by further processing of basic chemicals that make up the remaining industry groups.

This subsector does not include all industries transforming raw materials by a chemical process. It is common for some chemical processing to occur during mining operations. These beneficiating operations, such as copper concentrating, are classified in Sector 21, Mining. Furthermore, the refining of crude petroleum is included in Subsector 324, Petroleum and Coal Products Manufacturing. In addition, the manufacturing of aluminum oxide is included in Subsector 331, Primary Metal Manufacturing; and beverage distilleries are classified in Subsector 312, Beverage and Tobacco Product Manufacturing. As in the case of these two activities, the grouping of industries into subsectors may take into account the association of the activities performed with other activities in the subsector.

This industry report includes 259 pages of the latest market research information. In addition to the detailed explanations of the provided statistical data, there are 112 charts, 18 tables, and 2 maps to effectively illustrate the content. Use this report as an in-depth analysis of the industry, an industry reference guide, an aid for benchmarking and forecasting, and as a tool for uncovering new business opportunities. The report is considered the most comprehensive research in the market.

The subsector's revenue for the year 2006 was approximately $632,130,000,000. The gross profit was 44.1% at $278,769,330,000. There were 12,887 establishments in this subsector that year. Thus, average contribution (or revenue) per establishment annually was $49,052,000. The total import export value for the year 2006 was $283,663,050,000. There were 220 countries that conducted foreign trade with the U.S. in 2006, 3 fewer than year 2005. The top trading countries were: Canada, $44,075,480,000 (15.54%); Ireland, $22,110,077,000 (7.79%); United Kingdom, $19,675,453,000 (6.94%); Mexico, $19,514,270,000 (6.88%); and Germany, $18,009,887,000 (6.35%). Their combined total represents approximately 44% of all imports and exports. The total import value for the year 2006 was $146,751,118,000. This represents a 11.2% increase from year 2005. The U.S. had imported industry related merchandises from 173 countries in 2006. The top importing countries were: Ireland, $20,794,285,000 (14.17%); Canada, $20,681,276,000 (14.09%); United Kingdom, $12,333,114,000 (8.40%); Germany, $11,907,993,000 (8.11%); and France, $7,855,346,000 (5.35%). Their combined total represents approximately 50% of import from all countries. The total export value for the year 2006 was $132,985,306,000. This represents a 12.7% increase from year 2005. The U.S. had exported industry related merchandises to 217 countries in 2006. The top exporting countries were: Canada, $22,966,393,000 (17.27%); Mexico, $15,313,928,000 (11.52%); Netherlands, $9,006,571,000 (6.77%); Belgium, $8,665,060,000 (6.52%); and Japan, $7,742,485,000 (5.82%). Their combined total represents approximately 48% of export to all countries. Adding the import and subtracting the export, the total U.S. consumption value of this subsector for the year was $645,896,000,000.

This industry report packs 10 years of data from hundreds of reliable government and private statistical resources. The data have been compared and verified to assure the highest research quality. Supplier Relations US, LLC. frequently contacted these agencies and private companies to acquire the latest information, most of which is unavailable to the general public. It is estimated that to gather and organize the same information into an easy-to-read format in each report, an individual researcher would spend at least a year's worth of effort. The challenge is, by the time this is accomplished, some data is most likely obsolete. Our business is dedicated to the research of U.S. industries and their associated foreign trades. We can meet that challenge easily as our databases are directly linked to these resources.

For more information, visit http://www.researchandmarkets.com/reports/c67885

Source: Business Wire

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