Taiwan
U.S. Trade with Taiwan in 2023
Export Market Rank
#8 Among U.S. Agricultural Export Markets
Total Export Value
$3.69 Billion
3-Year Average
$3.94 Billion
Compound Average Growth
0.51% (2014-2023)
Total Export Value 2014 - 2023
Export Value by Commodity 2023
Top 10 Exports to Taiwan in 2023
Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
---|---|---|---|---|
Beef & Beef Products | $624.81 Million | 60,227 | $509.12 Million | 112% |
Soybeans | $622.07 Million | 1.07 Million | $705.18 Million | -14% |
Wheat | $364.92 Million | 1.04 Million | $310.6 Million | 5% |
Poultry Meat & Prods. (excl. eggs) | $354.72 Million | 273,145 | $198.82 Million | 148% |
Corn | $251.17 Million | 865,918 | $354.31 Million | -36% |
Fresh Fruit | $225.39 Million | 104,283 | $211.4 Million | 6% |
Food Preparations | $168.93 Million | 9,896 | $154.76 Million | 20% |
Dairy Products | $116.32 Million | 21,053 | $102.57 Million | 47% |
Non-Alcoholic Bev. (excl. juices) | $88.49 Million | 29,262 | $76.43 Million | 58% |
Processed Vegetables | $86.45 Million | 47,270 | $73.99 Million | 30% |
Data and Analysis
Since the previous report, Taiwan has granted new approvals for imports of genetically engineered (GE) products for processing, food, and feed use. Taiwan has never permitted domestic production of GE crops or animals. In 2023, Taiwan imported close to $930 million of U.S. crops including soybeans, corn, and cotton, accounting for 25 percent of total U.S. agricultural exports to the island.
Taiwan imports over 135,000 MT apples annually with domestic supply less than one percent. Post expects that MY 2024/2025 Taiwan apple imports will return to 145,000 MT with domestic supply stable at 1250 MT.
Starting in 2025, Taiwan will eliminate tariffs on liquid milk imports from New Zealand. Taiwan dairy farmers are worried about the future, as the primary dairy product in Taiwan is fresh milk, with only a small portion used for other dairy beverages or products.
News and Features
International Coffee Day is October 1 and FAS is brewing up excitement. On this day, we celebrate and promote one of the worlds most enjoyed beverages.
Private exporters reported the following sales activity: 110,000 MT of corn for delivery to Taiwan during MY 2023/2024 and 126,000 MT of soybean cake and meal for delivery to unknown destinations - 30,000 MT during MY 2023/2024 and 96,000 MT during MY 2024/2025.
As fall approaches, September celebrates the most-consumed meat in the United States: chicken. Two-thirds of U.S. chicken are raised in Alabama, Arkansas, Georgia, Mississippi, North Carolina, and Texas. And did you know that U.S. chicken meat is also a top agricultural export for our nation?