Petrochemical products in this region are produced from hydrocarbons derived from crude oil and natural gas, which are abundant resources in many countries within West Asia. West Asia has abundant reserves of crude oil, and countries like Saudi Arabia, Iraq, Iran, Kuwait, and the United Arab Emirates are among the largest producers in the world. Petrochemical polymers and plastics offer a wide range of properties and can be tailored to meet specific requirements. Petrochemical products serve as vital raw materials for numerous industries. Canada's economy is one of the most developed in the world, marked by its strong service sector, abundant natural resources, and advanced manufacturing industry. It operates within a highly structured system of trade, finance, and commerce, with significant integration into global markets, especially through its membership in major trade organizations such as the World Trade Organization (WTO) and its strong ties with countries through agreements like the United States-Mexico-Canada Agreement (USMCA).
