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On March 13, 2019, Taiwan completed Simultaneous-Buy and Sell (SBS) tenders for 18,500 tons of U.S.-origin rice at $108 per ton.
This report provides a brief overview on how to apply for an import tolerance (IT) in Taiwan.
Taiwan is an important trading partner and offers many opportunities for sales of U.S. food and agricultural products.
MY2018/19 and MY2019/2020 soybean imports are forecast at 2.7 million tons on continued strong demand.
Taiwan’s food processing industry produced an estimated $17.9 billion of processed food and drinks in 2018. Consumer’s desire more convenience which creates opportunities for U.S. ingredients....
Exports of high-value, processed food products have been a significant contributor to the strongest five-year period for agricultural exports in U.S. history.
In 2013, Taiwan was the seventh largest market for U.S. food and agricultural products with imports of US$3.2 billion.