How do the 12 signatories of the TPP are in GDP, exports and imports?

One of the most dynamic blocks worldwide has just been created; in terms of GDP account for 36.1 percent worldwide, they account for 23.1 percent of total exports and made 27.5 percent of world imports. With the signing of the Trans-Pacific Partnership, it forms one of the economic areas most dynamic in the world and is combining to nations in Asia, which is the region with the most dynamic economic growth; North American, which region, since 1994 is the one that has the largest number of consumers; and some of the South American countries that have the highest levels of growth in the region. However, the 12 nations of the agreement have economic differences, according to experts, account for more than a supplement to an imbalance for competitive advantages. TPP signatory countries account for 36.1 percent of gross domestic product (GDP) worldwide, surpassing the GDP of the Eurozone (17.2 percent) and China (13.3 percent).

However, the differences jump is that in the block are five developed economies; three of the largest Latin American economies economic growths, three Asian countries are known for their export profile and an oil nation. What is a fact is that the block is formed represents an engine in the field of exports. Figures from the World Trade Organization show that these countries represent 23.1 percent of world exports. In fact, in this group there are seven nations with foreign sales of more than 100 billion US alone exceeds the billion dollars in exports. One of the purposes that influenced to form this block is the fact that it will boost exports to countries like Mexico, which will come in four new markets. By signing the TPP, this block will become one of the most commercially dynamic worldwide and is that not only will be an exporter but also of those who demand for goods in the world. According to the WTO these 12 nations account for 27.5 percent of imports worldwide, many of them to support economic growth.

However, the signatory countries are two of the largest importers in the world (US and Japan), which in 2014 accounted for nearly 17 percent of world imports.


Source: MéxicoXport