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 CALIFORNIA
 Trans-Pacific Partnership

TPP Countries* are Important for California’s Exporters

  • $68.9 Billion in goods exports from California to TPP countries in 2015, including $11.7 Billion in goods exports to Japan, $1.8 Billion to Malaysia, and $1.2 Billion to Vietnam
  • 42% of California’s goods exports went to TPP countries in 2015
  • 38,986 companies from California exported goods to TPP countries in 2014 – 95% were small and medium sized companies

TPP Will Eliminate All Foreign Import Taxes on Industrial and Consumer Goods, Benefiting California’s Top Export Sectors

Before TPP

After TPP

Information and Communication Technologies

$3.6 Billion
State’s Exports to New TPP Countries** in 2015

35% Current Maximum Tariff
in Sector


99.6%
of U.S. Goods Exports will be
Duty–Free Immediately
in the
New TPP Countries

Health Products


$1.8 Billion
State’s Exports to New TPP Countries** in 2015

30% Current Maximum Tariff
in Sector


99.9%
of U.S. Goods Exports will be
Duty–Free Immediately

in the
New TPP Countries

Transportation Equipment

$1.5 Billion
State’s Exports to New TPP Countries** in 2015

25% Current Maximum Tariff
in Sector


99.9%
of U.S. Goods Exports will be
Duty–Free Immediately

in the
New TPP Countries

High-Tech
Instruments


$914 Million
State's Exports to New TPP Countries** in 2015

25% Current Maximum Tariff
in Sector


99.6%
of U.S. Goods Exports will be
Duty–Free Immediately

in the
New TPP Countries

Machinery


$763 Million
State's Exports to New TPP Countries** in 2014

59% Current Maximum Tariff
in Sector


96.8%
of U.S. Goods Exports will be
Duty–Free Immediately

in the
New TPP Countries


California Companies and Workers Depend on World Markets

jobs706,969 U.S. Jobs: Supported by Goods
Exported from California in 2015
$165.4 Billion: 2015 Total Goods Exports from California

Cargo

75,722:
Companies Exported Goods from California in 2014

jobs

96%:
SME share of Goods-Exporting Companies from California in 2014

Storefront

43%:
SME share of California’s Goods Exports in 2014

handshake

Metropolitan Exports in 2015:
    metro
  • Los Angeles – Long Beach – Anaheim: $61.8 Billion
  • San Francisco – Oakland – Hayward: $25.1 Billion
  • San Jose – Sunnyvale – Santa Clara: $19.8 Billion

Additional New Market Access Benefits for California

AgricultureAgriculture: TPP will provide new and commercially meaningful market access for U.S. exports of food and agricultural products; eliminate the use of agricultural export subsidies; discourage countries from imposing export restrictions; and ensure food safety, animal health, and plant health measures are developed and implemented transparently and in a science-based manner.

ServicesServices: TPP will expand market access and investment opportunities in a number of services sectors, including entertainment, telecommunications, software licensing, the Internet industry, retailing, and logistics/express delivery. TPP will bar discrimination against digital provision of services and prevent customs duties on electronic transmissions.

* TPP Countries: Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru,
Singapore, the United States, and Vietnam

** New TPP Countries: Countries with which the United States currently does not have preferential
market access - Brunei, Japan, Malaysia, New Zealand, and Vietnam

For more information on the methods and calculations used, please see this guide.

 


 

 

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