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 Canada
 Trans-Pacific Partnership

Canada is a Key U.S. Export Market

  • Canada's economy is valued at $1.6 trillion*
  • $280.6 billion in goods and $56.4 billion in services were exported from the United States to Canada in 2015
  • 92,905 U.S. companies exported goods to Canada in 2014 – 94.8% were small and medium-sized companies
  • 1,237,649 U.S. jobs supported by goods exports to Canada and 360,245 jobs supported by service exports to Canada in 2015

Canada is an Important TPP Partner for
U.S. Exports of Industrial and Consumer Goods

Automotive
Products

$51.4 Billion
In Exports
To Canada


The Automotive Sector includes products such as motor vehicles, motorcycles, and auto parts such as vehicle engines, transmissions, and tires

Chemicals


$26.8 Billion
In Exports
To Canada


The Chemical Sector includes products such as cosmetics, paints, rubber products, plastics, fertilizers, and organic/inorganic chemicals

Machinery


$22.4 Billion
In Exports
To Canada


The Machinery Sector includes products such as forklifts, motors, bulldozers, pumps, water filtration and purification machinery

Metals
and Ores


$16.8 Billion
In Exports
To Canada


The Metals & Ores Sector includes products such as aluminum alloys, titanium products, and ores of molybdenum, copper, and zinc

Consumer
Goods


$11.0 Billion
in Exports to Canada


The Consumer Goods Sector includes products such as jewelry, contact lenses, recreational transportation (boats and RV's), footwear, sporting equipment, and musical instruments


TPP Works for America

2,991,102:

Jobs Supported by Goods Exported to TPP countries in 2015
$679.6 Billion:

2015 Total
U.S. Goods
Exported to
TPP Countries
174,331:

U.S. Companies
Exported Goods to
TPP Countries in 2014
97%:

SME share of U.S. Goods-Exporting
Companies to TPP Countries in 2014
30%:

SME share of U.S. Goods Exports to TPP Countries in 2014

Market Opportunity Spotlights

Building Products:

In 2014, U.S. exports of building products to Canada totaled $13.5 billion. U.S. building product exports are dominant in Canada’s import market. They already enter duty-free under the North America Free Trade Agreement and enjoy excellent brand recognition and a reputation for quality performance and strong product support. The size of the Canadian construction market, the growth of green building within that market, and the variety of green construction projects planned suggests solid continuing prospects for U.S. building product exporters. TPP improves regulatory environment through its chapters on Technical Barriers to Trade and Regulatory Coherence, which reduces unnecessary barriers to trade for U.S. exporters of building materials to the Canadian market.

U.S. Remanufactured Products:

Canada is the #1 export destination for U.S. remanufactured products. The United States is the world’s largest remanufacturer, and the TPP Rules of Origin chapter ensures that recovered materials used in the production of a remanufactured product count as TPP materials, allowing more remanufactured goods to count as TPP originating. Because remanufacturing is a complex, high-value, and labor-intensive production process, these commitments reduce the need for companies to import materials and components from outside the TPP region and incentivize domestic production, benefitting U.S. workers.

* 2015 Nominal GDP
** 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

 


 

 

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