The GCC chemical industry continues to strengthen its position in global trade, recording a positive trade balance of 50.7 million tons in 2024, reflecting its strength as a net exporter to international markets. Trading with nearly 90 countries and exporting more than 50% of its total chemical output, the GCC remains a key supplier to both established and fast-growing economies, reinforcing its competitiveness and reliability in the global chemical trade landscape.
The petrochemical industry in the Gulf Cooperation Council (GCC) plays a pivotal role in driving economic growth and leading the global energy transition through innovation and sustainable solutions. As a cornerstone of the GCC economy, this industry not only fuels industrial development but also provides essential materials and products that support diverse sectors worldwide. Through continuous innovation, GCC petrochemical companies are at the forefront of advancing technologies that promote energy efficiency, reduce carbon emissions, and support the transition to a circular economy.
Chemical Trade Patterns
Source: GPCA questionnaire and analysis, and UN Comtrade 2025
Source: GPCA questionnaire and analysis, 2025
Note: GPCA member companies only
Source: GPCA questionnaire and analysis, 2025
Note: GPCA member companies only