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The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)

Table 9 Macroeconomic impact of tariff elimination and 25% increase in trade facilitation under Indo-Pacific 3.

From: Indo-Pacific cooperation: what do trade simulations indicate?

  Welfare effect (US$ million) Change in real GDP (%) Change in exports (%) Change in imports (%)
New Zealand 6382.73 3.41 11.06 22.36
Australia 40,844.5 2.74 10.8 28.85
China 140,357.3 3.58 16.03 19.96
Japan 117,916.8 1.52 3.2 23.45
Korea 83,731.05 5.5 11.72 26.69
ASEAN − 20,919.7 − 0.28 − 3.14 − 8.34
Malaysia 28,306.52 8.89 9.77 21.05
Vietnam 15,659.16 17.8 5.95 24
South Asia − 1520.01 − 0.19 − 1.3 − 3.22
India 34,130.96 2.44 14.97 13.76
Canada 25,541.9 1.4 3.04 6.4
USA − 39,889.7 − 0.03 − 1.83 − 4.98
Latin America − 9862.62 − 0.09 0.18 − 2.75
EU25 − 19,052.4 − 0.05 0.07 − 0.93
Rest of World − 72,676.3 − 0.12 − 0.31 − 3.4