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Retail food outlets in Taiwan are comprised of convenience stores, supermarkets, and hypermarkets, which generated $32.4 billion worth of sales in 2021, a 2.2 percent growth from 2020. The United States continues to be the leading supplier of consumer-oriented food and agricultural products to Taiwan with popular products such as beef and fresh fruit taking over 30 percent of total market share.
Taiwan is a mature and stable market. The primary driver behind soybean imports is demand for soybean meal for animal feed.
On March 8, 2017, Taiwan completed the first tranche of the 2017 U.S. rice Simultaneous Buy and Sell (SBS) tender GF4-106-015 for 18,500 tons.