Browse Data and Analysis

Taiwan’s soybean imports are forecast at 2.65 MMT for MY2022/2023 and MY2023/2024. In MY 2021/2022, Taiwan imports of soybeans reached a record high of $1.74 billion. To stabilize commodity prices and reduce inflationary pressure for consumers, since February 2022 Taiwan has waived business taxes on imported soybeans, currently set to expire on June 30, 2023.

Taiwan’s domestic wheat production, 4,000 MT in MY2022/2023, is dwarfed by imports at 1.4 MMT for the current MY. Australia is expected to further recover wheat market share from the United States due to competitive pricing and production recovery.

Taiwan’s Ministry of Health and Welfare (MOHW) requires all packages of food grade dairy powder products that are over 10 kilograms in weight to be labeled as “food grade” or “for human consumption.”

On November 10, Taiwan completed a normal tender (GF4-105-131) for 13,000 tons of U.S. medium or short grain brown rice. Taiwan has completed 77 percent of the 2016 U.S. Rice Country Specific...

In MY2014/15, Taiwan imported a total of 156,007 metric tons (MT) of apples, valued at nearly US$240 million.