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 OREGON
 Trans-Pacific Partnership

TPP Countries* are Important for Oregon’s Exporters

  • $8.4 Billion in goods exports from Oregon to TPP countries in 2015, including $2.5 Billion in goods exports to Malaysia, $1.4 Billion to Japan, and $533 Million to Vietnam
  • 42% of Oregon’s goods exports went to TPP countries in 2015
  • 3,615 companies from Oregon exported goods to TPP countries in 2014 – 88% were small and medium sized companies

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

Before TPP

After TPP

Information and Communication Technologies

$3.0 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

Chemicals


$188 Million
State’s Exports to New TPP Countries** in 2015

35% Current Maximum Tariff
in Sector


97.2%
of U.S. Goods Exports will be
Duty–Free Immediately
in the
New TPP Countries

Forest
Products

$147 Million
State’s Exports to New TPP Countries** in 2015

40% Current Maximum Tariff
in Sector


98.2%
of U.S. Goods Exports will be
Duty–Free Immediately

in the
New TPP Countries

Transportation
Equipment


$118 Million
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

Consumer
Goods


$115 Million
State’s Exports to New TPP Countries** in 2015

189% Current Maximum Tariff
in Sector


90.9%
of U.S. Goods Exports will be
Duty–Free Immediately

in the
New TPP Countries


Oregon Companies and Workers Depend on World Markets

jobs86,547 U.S. Jobs: Supported by Goods
Exported from Oregon in 2015
$20.1 Billion: 2015 Total Goods Exports from Oregon

Cargo

6,084:
Companies Exported Goods from Oregon in 2014

jobs

89%:
SME share of Goods-Exporting Companies from Oregon in 2014

Storefront

30%:
SME share of Oregon’s Goods Exports in 2014

handshake

Metropolitan Exports in 2015:
    metro
  • Portland - Vancouver - Hillsboro^: $18.8 Billion
  • Albany: $650 Million
  • Eugene: $400 Million

^Portions of this metropolitan area are shared with one or more other states

Additional New Market Access Benefits for Oregon

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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