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Trans-Pacific Partnership Agreement

Exports (2023)$5.54T
Imports (2023)$6.27T
Main Exporter (2023)United States $1.86T
Main Importer (2023)United States$3T
Internal Trade (2023)46%of total trade

About

Overview TPP (Trans-Pacific Partnership Agreement) is a Trade Agreement composed by United States, Japan, Mexico, Canada, Vietnam, Malaysia, Australia, Singapore, Chile, Peru, New Zealand, and Brunei. In 2023, TPP exported $5.54T (24.5% of global exports) and imported $6.27T (27.7% of global imports). Its largest exporter, United States exported $1.86T, which corresponds to 33.6% of the total exports. On the other hand, the largest importer, United States, imported $3T, which is 47.9% of the total imports of Trans-Pacific Partnership Agreement.

Trade In 2023, TPP's most exported products were Crude Petroleum Oils ($303B), Digital Monolithic Integrated Circuits ($256B), Bituminous Petroleum Distillates (Excl. Crude) ($244B), Radio/TV Transmit-Receive Apparatus ($138B), and Medium Sized Cars ($115B). The same year, the most imported products were Crude Petroleum Oils ($330B), Bituminous Petroleum Distillates (Excl. Crude) ($283B), Digital Monolithic Integrated Circuits ($242B), Radio/TV Transmit-Receive Apparatus ($208B), and Medium Sized Cars ($131B).

Partners In 2023, TPP's exports went primarly to United States ($1.25T), China ($751B), Canada ($338B), Mexico ($294B), and Japan ($226B). The same year, TPP's imported primarily from China ($1.15T), United States ($730B), Mexico ($504B), Canada ($440B), and Germany ($256B).

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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Y-AXIS SCALE
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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Depth
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Internal Trade includes all trade between the countries that comprise this organization.

In 2023, the top internal exports of TPP were Cars ($170B), Crude Petroleum ($148B), Refined Petroleum ($129B), Motor vehicles; parts and accessories (8701 to 8705) ($96.8B), and Integrated Circuits ($79.9B).

The same year, the principal destinations of internal exports were United States ($1.25T), Canada ($338B), Mexico ($294B), Japan ($226B), and Singapore ($130B).

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

Flow
Depth

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

In 2023, the top external exports of TPP were China ($751B), Germany ($177B), South Korea ($174B), Hong Kong ($151B), and United Kingdom ($140B).

The same year, the principal destinations of external exports were Integrated Circuits ($186B), Crude Petroleum ($154B), Cars ($117B), Refined Petroleum ($116B), and Gold ($108B).

External Exports (2021)
[Click to Select a Product]

External Destinations (2021)
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Total Trade

Flow
Color
Depth
Top Export (2023)Crude Petroleum$303B
Top Destination (2023)United States$1.25T

In 2023, TPP exported a total of $5.54T. During the last five reported years the exports of TPP have changed by $899B from $4.64T in 2018 to $5.54T in 2023.

The most recent exports are led by Crude Petroleum ($303B), Cars ($288B), Integrated Circuits ($266B), Refined Petroleum ($244B), and Petroleum Gas ($170B). The most common destination for the exports of TPP are United States ($1.25T), China ($751B), Canada ($338B), Mexico ($294B), and Japan ($226B).

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 2023, the countries with higher complexity that belong to Trans-Pacific Partnership Agreement were Japan (2.09), Singapore (1.65), United States (1.49), Mexico (1.09), and Malaysia (1.08).

On the other hand, the countries with higher GDP per capita were Singapore ($84.7k), United States ($82.8k), Australia ($64.8k), Canada ($53.4k), and New Zealand ($48.3k).

Finally, the biggest exporters of TPP were United States ($1.86T), Japan ($766B), Mexico ($603B), Canada ($574B), and Vietnam ($424B).

GDP per capita v/s ECI for countries that comprise Trans-Pacific Partnership Agreement (2023)

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