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Taiwan’s retail food sector is becoming increasingly competitive and chain operators, such as Costco, 7- Eleven, PX Mart, Carrefour and Wellcome, continue to dominate Taiwan’s food retail market.
Taiwan awarded 18,834 tons of U.S. rice towards in normal tenders during the week of November 20, 2017.
Taiwan is the seventh largest market for U.S. food and agricultural products.
The total MY2017/18 EU-28 grain crop is revised up 2 MMT to 304 MMT, due to improved outlooks for both the wheat and corn crops.
Taiwan imported over a billion dollars of U.S. genetically engineered (GE) crops in 2016, accounting for approximately a third of total U.S. agricultural exports to the island.