Plant flooding/waterlogging stress (FWS) can be a threat to food security worldwide due to climate change. To mitigate its potential devastation, numerous exogenous chemicals (ECs) have been used to demonstrate their effectiveness on alleviating FWS for the last 20 years. This review has summarized the most recent findings on use of various ECs as either nutrients or regulatory substances on crop plants under FWS and their roles involved in improving root respiration of seedlings, optimizing nutritional status, synthesizing osmotic regulators, enhancing the activity of antioxidant enzymes, adjusting phytohormone levels, maintaining photosynthetic systems, and activating flood-tolerance related gene expressions. The effect of ESs on alleviating plants under FWS proves to be beneficial and useful but rather limited unless they are applied on appropriate crops, at the right time, and with optimized methods. Further research should be focused on use of ESs in field settings and on their potential synergetic effect for more FWS tolerance