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GCC chemical industry accounts for $70bn exports in 2022

The GCC chemical industry accounted for $70bn exports in 2022, Gulf Petrochemicals and Chemicals Association (GPCA) said and noted China, India and Turkey are the largest export markets for the Gulf countries. Over the past decade, the GCC region has established significant chemical trade relations with China, India, and Turkey. It has consistently maintained a favorable chemical trade balance, reflecting the region’s competitive edge and comparative advantage in producing and exporting chemical products.

Link: https://www.gulf-times.com/article/671071/business/gcc-chemical-industry-accounts-for-70bn-exports-in-2022-gpca

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