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High Tech OPPORTUNITIES FOR THE U.S. HIGH-TECH
INSTRUMENTS SECTOR
 Trans-Pacific Partnership

U.S. High-Tech Instruments Exporters Currently Face Barriers in New TPP Markets**

$2.5 Billion in U.S. High-Tech Instruments Exports to New TPP Markets in 2015


U.S. High-Tech Instruments Exports Face Tariffs in New TPP Markets up to 25%


Border Delays, Red Tape, and Other Customs Inefficiencies Increase Costs and Impede the Flow of U.S. Exports Throughout the Region


Importance of the U.S. High-Tech Instruments Sector

339,000 U.S. High-Tech Instruments Workers in 2015

$106.6 Billion in U.S. Production in 2014

$30.7 Billion in U.S. High-Tech Instruments Exports to the World in 2015

U.S. High-Tech Instruments Exports to the World Grew by 26% between 2009-2015

32% of Total U.S. High-Tech Instruments Exports to the World in 2015 Went to the TPP Region

The High-Tech Instruments Sector includes products such as environmental monitoring equipment, equipment for testing and analyzing materials, meters and other precision measuring equipment, electrical gauges, lenses and prisms, and other optical instruments

Key Market Access Benefits

Japan will lock in duty-free access for all U.S. high-tech instruments exports immediately

Malaysia will eliminate import taxes on 100% of U.S. high-tech instruments exports immediately

New Zealand will eliminate import taxes on 100% of U.S. high-tech instruments exports immediately

Vietnam will eliminate import taxes on 99.8% of U.S. high-tech instruments exports immediately and 100% within 4 years

New TPP Partners are Significant Markets for
U.S. High-Tech Instruments Exports

Japan $1.9 Billion
Malaysia $443 Million
Vietnam $95 Million
New Zealand $64 Million
Brunei $8 Million

U.S. High-Tech Instruments Exports Currently Face
High Barriers in New TPP Markets...

tariff

...Which Will Be Eliminated Under TPP.

99.8% of U.S. High-Tech Instruments Exports to New
TPP Markets will Enjoy Duty-Free Access Immediately
(Share of Exports by Tariff Elimination Basket)
Percentages rounded up to nearest whole number.


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Move the slider to see the percentage of goods that will become
duty-free over a certain amount of time

Opportunities for U.S. High-Tech Instruments

environmentalEnvironmental Technologies

High-tech instruments are critical to measuring, monitoring, and analyzing the environment to ensure compliance with U.S. and other TPP country regulations protecting the environment, human health, and food safety; reducing noise pollution; and enhancing poison prevention and radiation detection. Under TPP, the elimination of tariffs and removal of customs inefficiencies will help to make American-made high-tech instruments more competitive throughout the TPP region.

technical barriers to tradeTBT Provisions Create Opportunities for U.S. High-Tech Instruments for Testing

TPP’s Technical Barriers to Trade (TBT) chapter ensures that technical standards, conformity assessment procedures, and technical regulations are developed in a fair and transparent manner. It includes provisions on conformity assessment procedures, or objective testing by governments or private sector conformity assessment bodies, to verify that products meet the technical regulations and standards set by governments or private sector standards development bodies. Such testing is dependent on precision instrumentation and creates export opportunities for U.S. high-tech instruments. Additionally, the elimination of tariffs on instruments used in conformity assessment will help to make testing more affordable for exporters around the TPP region.

• For more information on the HS lines included in this sector report, please see this document.

* 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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