other agricultural goods: key outcomes

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1 CANADA JAPAN UNITED STATES OF AMERICA MEXICO VIET NAM BRUNEI MALAYSIA SINGAPORE PERU AUSTRALIA NEW ZEALAND CHILE trans-pacific partnership other agricultural goods: key outcomes FACT SHEET New Zealand exported NZ$1.6 billion in other agricultural goods to the region in This includes items such as sauces; soups; honey, sugar confections and fresh flowers. The United States, Japan, Canada, Mexico and Peru (New Zealand s five new FTA partners in ) imported an average of NZ$352 million of other agricultural goods from New Zealand per year from Estimated tariff savings on trade in other agricultural goods will be NZ$12 million per year when the agreement is fully implemented. ʃʃ NZ$12m Estimated annual tariff savings when is fully implemented. 1 of outcomes. All tariff savings in this document are calculated based on Parties

2 Key markets: Japan Tariffs eliminated at entry into force: White sauces 7.2% tariff NZ$39.1 million trade.1 Soups and broths 8.4% tariff NZ$6.6 million trade. Curry preparations 7.2% tariff NZ$1.5 million trade. Sphagnum moss 3% tariff NZ$2.5 million trade. Tariffs eliminated over 4 8 years Other sauces 10.5% tariff NZ$5.3 million trade 4 years. Linseed oil 5% tariff NZ$1.6 million trade 6 years. Honey 25.5% tariff NZ$14.1 million trade 8 years. Quotas Quota access is provided for some products of New Zealand trade interest see table below. Canada Tariffs eliminated at entry into force: Certain spirits/liqueurs/rtds tariff of 12.28c/L of absolute ethyl alcohol NZ$9.4m trade. Dog or cat food 3.5% tariff NZ$1m trade. Mexico Tariffs eliminated immediately at entry into force: Wool grease 10% tariff NZ$0.75m trade. Deer meat/offal 10% tariff NZ0.2m trade. United States Tariffs eliminated immediately at entry into force: Honey 1.9 cents/kg tariff NZ$12 million trade. Vegetable seeds 1.5 cents/kg tariff $8.4 million trade. Other food preparations 6.4% tariff NZ$7.9 million trade. Protein substances/peptones 4% tariff NZ$7.8 million trade. Hops 13.2 cents/kg tariff NZ$5.4 million trade. Viet Nam & Malaysia Tariffs eliminated for product not eliminated in New Zealand s existing FTAs: Viet Nam: Beer and spirits: eliminated over 11 years (nonlinear). Malaysia: Spirits: eliminated over 16 years. 1. All trade statistics based on importing country statistics, averaged across of outcomes. All tariff savings in this document are calculated based on Parties

3 Specific tariff line information: Key tariff lines Japan Live horses, not pure-bred, not light breed 3,400,000 yen/each 16 years, with a safeguard Natural honey 25.5% 8 years (See Safeguard SG6 in Japan s Appendix B-1 to Annex 2-D) Hop cones 4.3% Entry into Force (EIF) Mizugoke (Sphagnum moss) 3% EIF Linseed Oil (crude) 5% or 5.50 yen/kg, whichever is the greater 6 years Preparations of wheat flour 24% Quota Preparations of wheat flour 23.8% Quota (See Quota CSQ-JP4 in Japan s (See Quota CSQ-JP4 in Japan s Mixes and doughs for the preparation of bread, pastry, cakes, biscuits put up in containers for retail sale, not more than 500g each including container Mixes and doughs for the preparation of bread, pastry, cakes, biscuits preparations of wheat flour 13.6% 11 years 16% Quota (See Quota CSQ-JP4 in Japan s Malt extract: other 29.8% -Wide Quota (See Quota TWQ-JP29 in Japan s Preparations of wheat flour 16% -Wide Quota Sauces and preparations: other [white sauce] 7.2% EIF Curry preparations 7.2% EIF Sauces and preparations: other 10.5% 4 years Soups and broths: other 8.4% EIF (See Quota TWQ-JP2 in Japan s 3 of outcomes. All tariff savings in this document are calculated based on Parties

4 Japan (continued ) Food preparations: other 29.8% -Wide Quota Food preparations: other 15% 8 years (See Quota TWQ-JP31 in Japan's Food preparations: other 29.8% -Wide Quota Dog / cat food: other 36 yen/kg EIF (See Quota TWQ-JP24 in Japan's United States Natural honey 1.9 cents/kg EIF Animal products nesoi; unfit for human consumption 1.1% EIF Rye grass seeds 1.4 cents /kg EIF Vegetable seeds, nesi 1.5 cents /kg EIF Hop cones 13.2 cents/kg EIF Fixed vegetable fats and oils and their fractions nesoi, whether or not refined, not chemically modified Sugar confections or sweetmeats ready for consumption, not containing cocoa, other than candied nuts or cough drops Food preparations not elsewhere specified or included, not canned or frozen Mineral waters and aerated waters, not containing added sugar or other sweetening matter nor flavoured Undenatured ethyl alcohol of an alcoholic strength by volume of less than 80 percent vol., nesi Peptones and their derivatives; protein substances and their derivatives, nesoi; hide powder 3.2% 10 years 5.6% EIF 6.4% EIF 0.26 cents/litre EIF 21.1 cents/pf.litre EIF 4% EIF 4 of outcomes. All tariff savings in this document are calculated based on Parties

5 Canada Fixed vegetable fats and oils and their fractions: other: other 11% EIF Liquorice candy; Toffee 10% 11 years Other 6% EIF In packages of a weight not exceeding kg each: other, containing 25% or more by weight of wheat, over access commitment Pizza and quiche; pastries, pies, puddings and cakes, including sweet products leavened with yeast; bakery products made without flour: other cents/kg plus 8.5% 11 years 9.5% EIF Liqueurs and cordials cents/litre of absolute ethyl alcohol EIF Other: other, packaged, of an alcoholic strength by volume not exceeding 7% cents/litre of absolute ethyl alcohol EIF Spirituous beverages: other: other cents/litre of absolute ethyl alcohol EIF Dog or cat food, put up for retail sale 3.5% EIF Animal feed preparations: other: other 8% EIF Mexico Meat or offal of deer 10% EIF Ambergris, castoreum, civet and musk: other 10% EIF Crude wool grease (suarda or suintina). 10% EIF Fixed vegetable fats and oils and their fractions: other 10% EIF Food preparations: other 15% EIF Mineral waters 20% EIF Drinking water 10% EIF Vodka 20% EIF Spirituous beverages: other 20% EIF Animal feed preparations: other 10% EIF Tariff finder Look up tariffs under and compare them to other free trade agreements at: tariff-finder.fta.govt.nz 5 of outcomes. All tariff savings in this document are calculated based on Parties

6 Notes 6

7 Notes 7

8 Notes 8

wine: key outcomes Key outcomes trans-pacific partnership NZ$16 m Estimated annual tariff savings when TPP is fully implemented.

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