The Plastics News Daily referring to the President and CEO of Plastics Industry Association (PIA) reported about the growth of plastics goods consumption in 2017 while 2 billions of US$ has been recorded for the trade surplus. Part of the report is published here and the rest could we read through the source, linked below.
As in previous years, the resin sector accounted for the entirety of the U.S. plastics industry’s trade surplus. Resin had a surplus of $17.4 billion in 2017; plastics products had a deficit of $10.9 billion; mold making had a deficit of $1.5 billion, and machinery had a deficit of $2 billion.
Plastics Industry Association Chief Economist Perc Pineda said the shrinking trade surplus “shows how in-demand the products and services of plastics are in the United States.”
“Our estimates show that in 2017 the plastics industry global trade volume increased 9.5 percent from 2016,” he said in the release. “Free and fair trade is enormously beneficial to the U.S. plastics industry, and thus enormously beneficial to the nearly 1 million workers it employs.”
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