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Trans-Pacific Partnership Agreement

Exports (2022)$5.62T
Imports (2022)$6.6T
Main Exporter (2022)United States $1.95T
Main Importer (2022)United States$3.12T
Internal Trade (2022)46.9%of total trade

About

Overview TPP (Trans-Pacific Partnership Agreement) is a Trade Agreement composed by United States, Japan, Canada, Mexico, Australia, Vietnam, Singapore, Malaysia, Chile, Peru, New Zealand, and Brunei. In 2019, TPP exported $5.62T (23.7% of global exports) and imported $6.6T (27.8% of global imports). Its largest exporter, United States exported $1.95T, which corresponds to 34.8% of the total exports. On the other hand, the largest importer, United States, imported $3.12T, which is 47.3% of the total imports of Trans-Pacific Partnership Agreement.

Trade In 2022, TPP's most exported products were Petroleum oils, oils from bituminous minerals, crude ($303B), Oils petroleum, bituminous, distillates, except crude ($287B), Monolithic integrated circuits, digital ($260B), Natural gas, liquefied ($155B), and Transmit-receive apparatus for radio, TV, etc. ($121B). The same year, the most imported products were Petroleum oils, oils from bituminous minerals, crude ($372B), Oils petroleum, bituminous, distillates, except crude ($321B), Monolithic integrated circuits, digital ($246B), Transmit-receive apparatus for radio, TV, etc. ($203B), and Parts and accessories of data processing equipment ne ($111B).

Partners In 2022, TPP's exports went primarly to United States ($1.23T), China ($677B), Canada ($361B), Mexico ($331B), and Japan ($255B). The same year, TPP's imported primarily from China ($1.31T), United States ($822B), Canada ($472B), Mexico ($458B), and South Korea ($285B).

Latest Trends

Latest Data

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The following section shows the trade patterns over time for countries that comprise the organization.

Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

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Historical Data

Organization Composition

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Value

The following section shows the trade patterns over time for all the countries that comprise the organization, using historical dataset.

Yearly Exports of TPP

Internal Trade

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Internal Trade includes all trade between the countries that comprise this organization.

In 2022, the top internal exports of TPP were Crude Petroleum ($173B), Refined Petroleum ($155B), Cars ($137B), Petroleum Gas ($96.3B), and Motor vehicles; parts and accessories (8701 to 8705) ($89.7B).

The same year, the principal destinations of internal exports were United States ($1.23T), Canada ($361B), Mexico ($331B), Japan ($255B), and Singapore ($136B).

Internal Exports (2021)
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Internal Destinations (2021)
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External Trade

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Depth

External trade includes all world trade excluding the countries that comprise this organization.

In 2022, the top external exports of TPP were China ($677B), South Korea ($242B), Chinese Taipei ($162B), India ($149B), and Hong Kong ($147B).

The same year, the principal destinations of external exports were Integrated Circuits ($186B), Petroleum Gas ($140B), Refined Petroleum ($132B), Crude Petroleum ($129B), and Coal Briquettes ($95.9B).

External Exports (2021)
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External Destinations (2021)
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Total Trade

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Depth
Top Export (2022)Crude Petroleum$303B
Top Destination (2022)United States$1.23T

In 2022, TPP exported a total of $5.62T. During the last five reported years the exports of TPP have changed by $1.37T from $4.24T in 2017 to $5.62T in 2022.

The most recent exports are led by Crude Petroleum ($303B), Refined Petroleum ($287B), Integrated Circuits ($270B), Petroleum Gas ($236B), and Cars ($226B). The most common destination for the exports of TPP are United States ($1.23T), China ($677B), Canada ($361B), Mexico ($331B), and Japan ($255B).

Exports (2021)
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Destinations (2021)
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Largest Export by Country

Indicator

The following visualization shows the principal export per country, the product which has grown the most over the past 5 years or the product in which the country has a higher level of specialization, measured by the RCA Index.

Biggest export by country (2021)

Trade between organizations

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Depth

This visualization show trade between international organizations. The default selection shows the trade with the rest of the world.

Exports (2021)

Destinations (2021)

Economic Complexity

Complexity and Country Indicators

Indicator

This visualization compares the Economic Complexity Index (ECI) with different indicators about country development such as GDP per capita or Inflation. For more information about ECI, check the Methods page.

In 2022, the countries with higher complexity that belong to Trans-Pacific Partnership Agreement were Japan (2.09), Singapore (1.71), United States (1.48), Malaysia (1.1), and Mexico (1.08).

On the other hand, the countries with higher GDP per capita were Singapore ($82.8k), United States ($76.4k), Australia ($64.5k), Canada ($55k), and New Zealand ($48.2k).

Finally, the biggest exporters of TPP were United States ($1.95T), Japan ($728B), Canada ($587B), Mexico ($549B), and Australia ($424B).

GDP per capita v/s ECI for countries that comprise Trans-Pacific Partnership Agreement (2022)

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