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Home International Customs New Zealand

World Bank estimates 10% boost to NZ exports by 2030 from TPPA

byCT Report
12/01/2016
in New Zealand
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WELLINGTON: New Zealand will be among the bigger gainers from the Trans Pacific Partnership Agreement, boosting exports by around 10 per cent by 2030.

A study by the World Bank on the controversial trade agreement claims that while New Zealand will see a much smaller boost to economic output than the likes of Vietnam and Malaysia, the boost from being part of the TPPA would be far bigger than that accrued by Australia, Canada or the United States.

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Calculating increases in trade and economic output, New Zealand ranks fourth out of the 12 members on both counts.

Across the trade agreement, the World Bank estimates the gains will be small in the short term but would increase over time.

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