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In 2024, Taiwan's pet food market saw significant activity, with total imports reaching a record high of $276.8 million. Thailand continued to be the largest supplier of pet food to Taiwan, followed by the United States, South Korea, Canada, and Japan.
Peru boasts a thriving food processing industry that plays a crucial role in its economy. This sector contributes approximately 27 percent to the country's industrial gross domestic product.
In 2024, Taiwan imported US$3.8 billion agricultural products from the US, which accounted for 24.81 percent of the island’s total import value.
In 2023, Peru was the 28th-largest market for U.S. agricultural exports, valued at $851 million, making it the 3rd-largest market in South America. The U.S.-Peru Trade Promotion Agreement (PTPA) entered into force in February 2009, and U.S. agricultural exports reached $1 billion for the first time in 2014, peaking at $1.36 billion in 2018. The United States accounts for 14 percent of Peru's agricultural import market share, positioning it as the second-largest supplier to the country.
Taiwan Food and Drug Administration released its enhanced border inspection list for 2025 which includes U.S. cherry and seasoning products.
The food retail sector in Peru is anticipated to experience 5 percent growth by the conclusion of 2024, attributed to the overall enhancement in the country's economic landscape and targeted strategies devised by both the modern and traditional food channels.
Retail food channels in Taiwan include convenience stores, supermarkets, and hypermarkets, which generated more than $25 billion in sales in 2023. The United States remains the leading supplier of consumer-oriented food and agricultural products to Taiwan.
Taiwan issued a new WTO notification (G/TBT/N/TPKM/541) on June 7, 2024, amending the labeling regulations for liquid milk, which will mainly impact the nomenclature of liquid milk from the United States. Currently, liquid milk from the United States can be labeled as "fresh milk" if it complies with CNS regulation.
ATO Taipei, in partnership with thirteen Taiwan craft beer breweries and four U.S. craft beer importers, delivered a successful consumer-facing craft beer festival that promoted U.S. ingredients through 84 craft beers.
The 2023 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2023 calendar year.
In Taiwan, chocolate is one of the major categories in the sweets department. In 2023, the market imported $141 million worth of chocolate and related products, among which $29 million are from the US, making it Taiwan’s biggest chocolate supplier.
The U.S. Hoppy Duo IPA trade outreach event, featuring lead brewmasters from Sierra Nevada and Fremont breweries, achieved remarkable success in strengthening relations between the U.S. and Taiwan’s craft beer industries.