About the TPP
The TPP negotiations represent a tremendous opportunity to open markets and level the playing field for American companies and workers in the fast-growing Asia-Pacific region.
The countries negotiating the TPP with the United States are Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. In 2013, two-way trade in goods between these important economies and the United States exceeded $1.5 trillion.
Once TPP is successfully implemented, trade and investment with these 11 countries will provide important new economic opportunities for all sectors of the U.S. economy. In addition, the TPP will provide a template for the integration of other Asia-Pacific economies into a high-standard, comprehensive agreement that will eliminate barriers and improve competitiveness across the region.
Participating Nations: Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, U.S. and VietnamGoods Trade*: More than $1.5 trillion in two-way goods tradeServices Trade*: Over $242 billion in two-way services tradeTotal Population**: 486 million persons
Total GDP**: $28 trillion, 39% of the world's GDP
1 Data updated September 2014
2 *Total trade between the United States and all other participating countries combined
3 **Excluding the United States