Assessing the Stability of EU Countries in International Chemical Trade (2016–2021): Insights from the State-Corporation Hegemonic Stability Theory

Purpose:The purpose of this paper is finding a stability of positions of particular EU states on exports and imports of chemicals and related products.The research method is a describing political-economic analysis which bases on statistical data.Design/Methodology/Approach: The design is finding the rules of the production and international trade of chemicals and related products according to the State-corporation Hegemonic Stability Theory.Author proves that less developed countries are subordinated to the collective global hegemony of state-powers and biggest transnational corporations.Therefore, the modern and low-emission production of chemicals is located in high developed countries, while dangerous and toxic production is realized in less developed states.Findings: Stable positions of EU particular states in international trade of chemicals and related products.Practical Implications: The result can be considered to elaborate the short-term and longterm EU trade policy.