TPP market snapshot (including Australia)
- GDP: US$28,136.0 billion (2012)
- GDP per capita: US$35,488 (2012)
- Population: 792.8 million (2012)
- Trade with Australia: AU$214,224 million (2012)
- TPP % of world GDP: 39.0% (2012)
- TPP % of world population: 11.3% (2012)
- TPP % of world trade: 25.8% (2012)
About the TPP negotiations
The Trans-Pacific Partnership Agreement (TPP) is a viable pathway for realising the vision of a free trade area of the Asia-Pacific. This agreement will build on the Trans-Pacific Strategic Economic Partnership Agreement (P4) between Brunei Darussalam, Chile, New Zealand and Singapore, which entered into force in 2006.
The TPP includes the P4 Parties as well as Australia, Canada, Japan, Malaysia, Mexico, Peru, the USA and Vietnam.
The Australian Government will pursue a TPP outcome that eliminates or at least substantially reduces barriers to trade and investment. The TPP is more than a traditional trade agreement; it will also deal with behind-the-border impediments to trade and investment.
It is intended that the TPP be a living agreement that remains relevant to emerging issues and allows for membership expansion. While expanded membership of the TPP is desirable, those seeking membership would need to demonstrate commitment to early and comprehensive liberalisation so as to maintain the momentum that has been generated by existing TPP parties.
Australia's decision to participate in the TPP in 2008 followed an extensive public consultation process. Overall, there was widespread interest in and support for Australia's participation in the TPP. Input received through the consultation process is being used to inform the Government's priorities and objectives for Australia's ongoing work on the TPP.
Key interests and benefits
- The TPP has the potential to form a building block for Asia-Pacific regional economic integration. It is in Australia’s interests to be involved in order to shape the direction of the initiative.
- Regional rules of origin will provide new opportunities for Australian exporters to tap into global supply chains.
- The TPP could provide additional market access for goods and services into the markets of existing FTA and future TPP partners.
- Inclusion of Investment and Financial Services chapters in the TPP could provide improved opportunities for Australian financial services providers by mitigating barriers, such as foreign restrictions on capital and investment flows.
- The TPP provides a framework for engaging with countries with which we do not have an existing bilateral trade arrangement. For example, there is potential for better access for dairy products and mining services to Peru through the TPP.
Map of TPP countries - quick facts
TPP negotiations commenced in Melbourne in March 2010.
New Zealand commenced refrigerated shipping of meat and dairy in 1882 after observing Australia's first frozen meat shipment to the United Kingdom in 1880.
Peru has been a destination for Australian alpaca fleece exports since 2006.
Australian wine accounts for 15% of Vietnam's total wine imports (Austrade).
TPP Meetings 19-24 November 2013, Salt Lake City
Chief negotiators for the 12 Trans-Pacific Partnership (TPP) Agreement countries have reported significant progress after six days of intensive meetings in Salt Lake City, Utah.
Working with key subject-matter experts, the lead TPP negotiators resolved a substantial number of outstanding issues, including with regard to intellectual property, cross-border trade in services, temporary entry, environment, market access, state-owned enterprises, investment, financial services, sanitary and phytosanitary issues, government procurement, labour, e-commerce, legal issues, technical barriers to trade and rules of origin.
The work of the chief negotiators this week has significantly narrowed the number of issues to be addressed directly by the TPP Ministers at their upcoming meeting in Singapore.
Discussions among TPP negotiators will continue in the coming days to further set the stage for a productive meeting among the TPP Ministers on 7-10 December 2013.
TPP Leaders' meeting in Bali – October 2013
On 8 October 2013, Trans-Pacific Partnership (TPP) Leaders, including the Australian Prime Minister, met in Bali in the margins of the APEC Leaders' meeting to outline the substantial headway made in negotiations to date, confirm their commitment to concluding a high-quality TPP agreement and consider next steps.
Ministerial guidance energizes negotiators work during 19th round of TPP Negotiations
The 19th round of Trans-Pacific Partnership (TPP) Agreement negotiations were held in Bandar Seri Begawan, Brunei Darussalam, on 24 – 30 August 2013.
Joint Press Statement TPP Ministerial Meeting – Bandar Seri Begawan Brunei Darussalam, August 23 2013
On 22 and 23 August the ministers of the Trans-Pacific Partnership (TPP) countries met jointly and bilaterally to review the progress of TPP negotiations, offer guidance to negotiators, and help drive the negotiations to conclusion in line with the 2013 timeframe.
Eighteenth round of Trans-Pacific Partnership Agreement (TPP) negotiations
The 18th round of Trans-Pacific Partnership (TPP) Agreement negotiations were held in Kota Kinabalu from 15 – 25 July 2013.
Japan welcomed as new member
Australia has warmly welcomed Japan as a new member of the Trans-Pacific Partnership. TPP ministers meeting in the margins of the APEC Trade Ministers' Meeting in Surabaya, Indonesia, extended the invitation to Japan to join in the negotiations, and Japan accepted the invitation on 21 April. Japan's inclusion in the negotiations brings the number of TPP countries to 12. TPP countries would now account for nearly 40 per cent of global GDP and almost 35 per cent of Australia's total two-way trade.
Round seventeen – May 2013, Lima
The 17th round of Trans-Pacific Partnership (TPP) Agreement negotiations was held in Lima on 15 – 24 May 2013.
Round sixteen – March 2013, Singapore
The 16th round of Trans-Pacific Partnership (TPP) Agreement negotiations were held in Singapore from 4 – 13 March 2013. Negotiators made good progress with a view to concluding negotiations before the end of 2013.
Round fifteen – December 2012, Auckland
The 15th round of Trans-Pacific Partnership (TPP) negotiations was held in Auckland, New Zealand from 3–12 December 2012. Negotiators made good progress in Auckland with the hope of concluding negotiations by the end of 2013.
Round fourteen – September 2012, Leesburg
TPP negotiations continued to make progress at the 14th negotiating round held in Leesburg, Virginia from 6 - 15 September 2012. Good progress was made in text negotiations in a number of chapters and in the negotiations on market access commitments.
TPP Ministers Meeting in Vladivostok - September 2012
On 6 September in the margins of the APEC Leaders meeting in Vladivostok, Trans-Pacific Partnership (TPP) Trade Ministers met to review the progress of TPP negotiations. Ministers provided a Report to TPP Leaders outlining the substantial headway that has been to date. TPP Leaders confirmed their commitment to concluding a comprehensive, truly regional TPP agreement as rapidly as possible, and welcomed new Members Canada and Mexico to the negotiating group.
Round thirteen – July 2012, San Diego
The thirteenth round of negotiations for the Trans-Pacific Partnership (TPP) Agreement was held on 2-10 July 2012 in San Diego, California. Australia, along with TPP negotiating partners Brunei, Chile, Malaysia, New Zealand, Peru, Singapore, the United States and Vietnam, made important progress at the round and further moved negotiations on chapter texts closer to conclusion.
Japan's interest in the TPP
Japan has formally expressed interest in joining the TPP negotiations. Australia and other TPP countries have welcomed its interest and are now undertaking a bilateral process with Japan to discuss its readiness to join, and its capacity to maintain both the ambition and pace of the negotiations. This is the same process that each TPP country undertook when they sought to join the TPP, with final decisions taken by a consensus of all current TPP parties.
To assist in this process we would welcome further submissions and comments from stakeholders considering Japan's possible involvement in the TPP. Submissions can be made by email to firstname.lastname@example.org. Please note all submissions will be made publicly available on the DFAT website unless the author specifies otherwise.
New Members Canada and Mexico
Australia has warmly welcomed Canada and Mexico as new members of the Trans-Pacific Partnership. Their inclusion in the negotiations, announced during the G20 Leaders' Summit in Los Cabos in June 2012, brings the number of parties seeking to conclude a wide-ranging accord on trade and economic integration across the Asia-Pacific region to 11.
Media release: Australia welcomes Mexico to Trans-Pacific Partnership talks
Media release: Australia welcomes Canada to Trans-Pacific Partnership talks
Round twelve - May 2012, Dallas
The US hosted the twelfth round of TPP negotiations in Dallas, Texas from 8 – 18 May 2012. Better-than-expected progress was made during the ten-day round as negotiators further narrowed differences on many areas of the legal text, and negotiating groups are on a clear path towards concluding most of the more than 20 chapters of the agreement. Issues that could not be resolved at the round will be addressed by specific intersessional work plans.
Round eleven – March 2012, Melbourne
Australia hosted the eleventh round of TPP negotiations in Melbourne from 1-9 March 2012. The round was the first full round involving all negotiating groups since the TPP Leaders met in Honolulu in mid-November last year.
Release of confidentiality letter
During the Chicago round in September 2011 TPP negotiators were asked to release the letters setting out an understanding among TPP countries on the handling of negotiating texts and other documents exchanged in the course of the negotiations.
Round ten – December 2011, Kuala Lumpur
TPP negotiating parties conducted a mini-round in Kuala Lumpur, Malaysia from 5 - 9 December. Only a small number of negotiating groups met during the week. The nine negotiating parties convened in Malaysia following a meeting of TPP Leaders in Honolulu in mid-November.
TPP Leaders' meeting in Honolulu - November 2011
Trans-Pacific Partnership (TPP) Leaders, including Prime Minister Gillard, met in Honolulu on 12 November in the margins of the APEC Leaders' meeting to review progress in the negotiations and consider next steps.
Round nine – October 2011, Lima
The ninth round of TPP negotiations concluded on 28 October in Lima, Peru. The 10 day round had around 870 delegates in attendance, including negotiators, stakeholders and media.
Round eight – September 2011, Chicago
The eighth round of TPP negotiations was held in Chicago, United States, from 6–15 September 2011. TPP Parties continued to work towards settling the broad outlines of an agreement by the APEC Leaders Meeting in Honolulu in November.
Round seven – June 2011, Ho Chi Minh City
The seventh round of TPP negotiations was held in Ho Chi Minh City, Vietnam, from 15–24 June 2011. TPP Parties (Australia, Brunei, Chile, Malaysia, New Zealand, Peru, Singapore, the United States and Vietnam) continued to make steady progress across all negotiating groups.
Round six – March/April 2011, Singapore
Australia and its TPP partners continued to make progress toward a high-quality, 21st century agreement at the sixth round of TPP negotiations held in Singapore from 24 March to 1 April 2011. Negotiators at this round focussed on narrowing the gaps in positions on the draft text and discussing initial market access offers.
Round five – February 2011, Santiago
Chile hosted the fifth round of TPP negotiations in Santiago from 14–18 February 2011, with the nine TPP countries advancing further toward their goal of developing a high quality, comprehensive, 21st century regional trade agreement.
Round four – December 2010, Auckland
The fourth round of TPP negotiations was held in Auckland from 6–10 December 2010, with the nine TPP Parties continuing to make steady progress across the full range of issues under discussion.
Round three – October 2010, Brunei
The third round of TPP negotiations was held in Brunei from 4–9 October 2010 with the participation of new member, Malaysia. TPP Parties reached consensus early in the week on Malaysia joining the negotiations, and Malaysia then participated in the Brunei negotiations for the remainder of the week. Malaysia is the first country to join the negotiations since the group launched negotiations in March 2010. TPP Parties remain committed to further expanding membership over time to countries across the Asia-Pacific that can meet the high-quality, ambitious objectives of the TPP.
Round two – June 2010, San Francisco
The second round of TPP negotiations, held in San Francisco from 14–18 June 2010, resulted in significant progress on both the broad architecture of the agreement, and on a range of specific issues to be covered in the TPP.
Round one – March 2010, Melbourne
The first formal round of TPP negotiations was held in Melbourne on 15–19 March 2010, with the participation of over 200 officials from Australia, the US, New Zealand, Chile, Singapore, Brunei, Peru and Vietnam. It was a productive first round that got the negotiations off to a strong start.
The Department of Foreign Affairs and Trade continues to welcome public submissions and comments on Australia's participation in TPP negotiations. Submissions may be emailed to email@example.com or posted by mail to:
Goods and Investment Branch
Department of Foreign Affairs and Trade
R.G. Casey Building
John McEwen Crescent
Barton ACT 0221
All submissions will be made publicly available on the DFAT website unless the author specifies otherwise.
Submissions have been received from a wide range of interested parties including industry, business, community and labour representatives and government agencies.
Some organisations/entities have provided permission to be listed publicly as having made a submission to the Department of Foreign Affairs and Trade on Australia's participation in the TPP.
Where an organisation/entity has agreed to have their submission made available, a link to the text of their submission appears next to their name.
Copyright and content
Copyright in submissions resides with the author(s), not with the Department of Foreign Affairs and Trade.
The views expressed in these submissions are the views of the author(s) and should not be understood as reflecting the views of the Department of Foreign Affairs and Trade.
Submissions were provided to the Department in a range of formats with varying quality, including Microsoft Word, Adobe PDF and scanned facsimile.
To maintain consistent quality, those documents approved for publication have been made available in PDF format wherever possible.
- ABB Grain Ltd [PDF 67 KB]
- Accord Australasia Limited [PDF 132 KB]
- Alisha Dahlstrom, Postgraduate Research Student NCMCRS, University of Tasmania [PDF 154 KB]
- Alphapharm [PDF 153 KB]
- American Chamber of Commerce in Australia (AMCHAM) [PDF 47 KB]
- American Chamber of Commerce in Australia (AMCHAM) – further submission [PDF 359 KB]
- Australasian Mechanical Copyright Owners Society and Music Industry Piracy Investigations
- Australasian Performing Right Association Ltd and Australasian Mechanical Copyright Owners Society [PDF 1.08 MB]
- Australia Post
- Australian Chamber of Commerce and Industry (ACCI) paper on Harmonisation and Trade Facilitation [PDF 494 KB]
- Australian Chamber of Commerce and Industry (ACCI) Exporter Matrix of CO requirements against current and proposed FTA’s, the Revised Kyoto Convention and the UN Layout Key [PDF 137 KB]
- Australian Chamber of Commerce and Industry (ACCI) Industry views on rules and procedures expressing high interest in common and predictable procedures based on maintenance of certificates of origin in FTA [PDF 754 KB]
- Australian Chamber of Commerce, Singapore (AustCham Singapore) [PDF 169 KB]
- Australian Council of Trade Unions [PDF 127 KB]
- Australian Dairy Industry Inc [PDF 105 KB]
- Australian Dairy Industry Council Inc. [TIFF 43 KB]
- Australian Dental Industry Association [PDF 173 KB]
- Australian Fair Trade and Investment Network (AFTINET) [PDF 104 KB]
- Australian Fair Trade and Investment Network (AFTINET) – 2nd submission [PDF 119 KB]
- Australian Heroic Sustainability [PDF 460 KB]
- Australian Horticulture Exporters Association (AHEA)
- Australian Industry Group [PDF 27 KB]
- Australian Medical Students’ Association [PDF 519 KB]
- Australian Pork Ltd [PDF 208 KB]
- Australian Pork Ltd supplementary submission [DOC 150 KB]
- Australian Recording Industry Association (ARIA) and Music Industry Piracy Investigations (MIPI) [PDF 96KB]
- Australian Red Meat & Livestock Industry
- Australian Sugar Industry Alliance Ltd [PDF 22 KB]
- Australian Tourism Export Council (ATEC) [PDF 17 KB]
- BHP Billiton [PDF 63 KB]
- Canadian Australian Chamber of Commerce [179 KB]
- Chamberlain Australia Pty Ltd [PDF 943 KB]
- Charles Sturt University [PDF 338 KB]
- Construction, Forestry, Mining & Energy Union of Australia [Zip file containing PDF 186 KB]
- Consumer Health Forum of Australia [699 KB]
- Dr Ann Capling, Professor of Political Science, Melbourne University [PDF 109 KB]
- Dr Deborah Gleeson, La Trobe University [PDF 528 KB]
- Dr Hazel Moir: Patent Policy Principles for the TPP [PDF 937 KB]
- Dr Jordan Bell: TPP Submission [PDF 157 KB]
- Dr Kyla Tienhaara, Australian National University [PDF 239 KB]
- Electronic Frontiers Australia [PDF 455 KB]
- Gene Ethics [PDF 141 KB]
- General Electric [PDF 71 KB]
- George Gad [PDF 50KB]
- Goway [PDF 32 KB]
- Graincorp [PDF 378 KB]
- Horticulture Australia
- Humane Society International and International Fund for Animal Welfare [PDF 190 KB]
- Interactive Games & Entertainment Association/Games Developers’ Association of Australia [PDF 2 MB]
- Investment and Financial Services Association Ltd [PDF 81 KB]
- John P. Harvey [PDF 33 KB]
- Meat & Livestock Australia
- Media, Entertainment and Arts Alliance [PDF, 85 KB]
- Medical Technology Association of Australia [PDF 35 KB]
- Minerals Council of Australia [PDF 339 KB]
- Multi-NGO submission: Trans-Pacific Partnership Agreement, Intellectual Property and Medicines [PDF 877 KB]
- Music Council of Australia [PDF 44 KB]
- Music Council of Australia – further submission [PDF 39 KB]
- Navitas Limited [PDF 357 KB]
- Open Source Industry Australia (OSIA) [PDF 302 KB]
- Paladin Energy Ltd [DOC 63 KB]
- Plenary Group [PDF 69 KB]
- Rebecca LaForgia, Adelaide University School of Law [PDF 36 KB]
- RMIT International University Vietnam [PDF 303 KB]
- Screen Producers Association of Australia [PDF 13 KB]
- Sugar Australia [PDF 60 KB]
- Telstra [PDF 138KB]
- Telstra - further submission [PDF 138 KB]
- Thomas Faunce and Ruth Townsend, The Australian National University [PDF, 276KB]
- Winemakers' Federation of Australia [PDF 46 KB]
- WorleyParsons [PDF 51 KB]
- World Society for the Protection of Animals (WSPA) [PDF 1 MB]
Note: If you cannot access these files, please contact us and we will arrange to send you an alternative format.
Austrade has identified potential opportunities for Australian suppliers of goods and services in a number of sectors. Austrade's country page supplies general information on doing business and on specific export opportunities in:
- New Zealand
- United States of America
Australia has existing trade agreements with:
- New Zealand
- United States of America
- Brunei, Malaysia, New Zealand, Singapore and Vietnam – under AANZFTA
Australia is also negotiating a bilateral trade agreement with Japan.
- Brunei Darussalam [PDF]
- Canada [PDF]
- Chile [PDF]
- Japan [PDF]
- Malaysia [PDF]
- Mexico [PDF]
- New Zealand [PDF]
- Peru [PDF]
- Singapore [PDF]
- United States of America [PDF]
- Vietnam [PDF]
Frequently asked questions
Media releases and speeches
- Media release: Australia welcomes Japan to Trans-Pacific Partnership negotiations, the Minister for Trade and Competitiveness, 21 April 2013
- Joint media release: Australia welcomes Canada to Trans-Pacific Partnership talks, Prime Minister and the Minister for Trade and Competitiveness, 19 June 2012
- Joint media release Australia welcomes Mexico to Trans-Pacific Partnership talks, Prime Minister and the Minister for Trade and Competitiveness, 18 June 2012.
- Media release: Australia welcomes Japan's decision on TPP, Minister for Trade, 11 November 2011.
- Media release: Trade Ministers meet to discuss TPP progress, Minister for Trade, 19 May 2011.
- Media release: Pushing forward with the Korean FTA and the Trans-Pacific Partnership, Minister for Trade, 15 March 2010.
- Media release: The Trans-Pacific Partnership – Moving Forward, Minister for Trade, 14 November 2009.
- Ministerial statement: The Trans-Pacific Partnership: Australia to join efforts to promote free trade in the Asia Pacific, Minister for Trade, 26 November 2008.
- Media release: APEC Ministers Build on G20 Leaders' Momentum, Minister for Trade, 21 November 2008.
- Email: firstname.lastname@example.org
Goods and Investment Branch
Department of Foreign Affairs and Trade
R.G. Casey Building
John McEwen Crescent
Barton ACT 0221