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CRITICAL TECHNOLOGIES:: THE ROLE OF CHEMISTRY AND CHEMICAL ENGINEERING
FIGURE 1: The U.S. balance of trade. The plots illustrate the continuednet positive contribution of the chemical industry to the overallU.S. position. Source: U.S. Department of Commerce, Bureau of theCensus.
The U.S. chemical industry added about $153 billion in value to theapproximately $137 billion worth of raw materials it processed in1990.2
The U.S. chemical trade balance, which has been consistently positivein the last decade, grew to a surplus of $19 billion in 1991; bycontrast, the United States had a net trade deficit of more than$65 billion in that same year.3(SeeFigure 1.)
U.S. Department of Commerce, Bureau of the Census, Industry Division.
U.S. Department of Commerce, Bureau of the Census, 1990 Annual Survey of Manufacturers, M90(AS)-1.
Chemical & Engineering News, December 9, 1991, pp. 41, 43; June 29, 1992, p. 62.
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