Browse Data and Analysis

ATO Taipei, in partnership with twelve Taiwan craft beer breweries, delivered a successful craft beer festival that promoted ten U.S. ingredients through new-to-market, limited-edition craft beers.

The 2022 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2022 calendar year.

In 2022, Hong Kong was the world’s tenth largest spirits importer, with global imports recovering 7 percent year-on-year and valued at $502 million. From 2020-2021, Hong Kong’s imports and domestic sales of spirits were seriously hampered under the COVID-19 pandemic, as most restaurants, pubs, and bars were closed due to stringent dining, social distancing, and travel restrictions.

Taiwan’s GDP per capita is expected to surpass Japan and Korea, making its consumers with the strongest spending power in Eastern Asia. At the same time, demand for international sweets and snacks are growing as consumers compensate for not being able to travel abroad. ATO-Taipei conducted retail research on popular products and origins to show market opportunities and preferences.

Taiwan is the seventh-largest market for U.S. agricultural exports. Taiwan has vibrant urban communities and a highly developed e-commerce industry that provides convenience for customers, all which support Taiwan’s continued demand for safe and high-quality food products. In addition, evolving consumption trends suggest customers are increasingly looking for western-style food options that cannot be locally sourced. Since domestic food production alone cannot match increased food demand, agricultural imports will continue to play an important role in Taiwan’s retail food economy. While trade barriers exist and competition intensifies, opportunities to increase U.S. agricultural exports remain promising.

The 2021 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world.

Hong Kong is the ninth largest importer of baked goods in the world, with imports valued at $870 million. Major import categories included pastries, bread, and cakes. For the first ten months of 2021, Hong Kong imports of baked goods were $721 million, a modest increase of 1.61 percent over the same period in 2020.

Hong Kong traders complain about ongoing issues with global shipping logistics and resulting disruptions on supply chains.

Hong Kong authorities reported a detection of COVID-19 virus on imported frozen cuttlefish from Malaysia. Detections were identified on the slice surface and its inner packaging during precautionary testing at the point of entry.

The Hong Kong government recently published a report on its second Food Consumption Survey which highlights local dietary preferences.

In 2020, Macau’s retail food sector sales rose 4.1 percent to $644 million.

The growth in Taiwan's dog and cat food market reflects a societal shift towards animals as pets. With rising incomes and strong western influence, pets are now a symbol of affluence in Taiwan.