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In 2022, Taiwan imported record-high US$4.4 billion agricultural products from the US. Yet, due to COVID variants, the Russian invasion of Ukraine, labor shortage, and inflation issues, Taiwan's nominal Gross Domestic Product (GDP) decreased 0.17 percent at $774.7 billion.
Taiwan’s overall seafood imports reached US$2.1 billion in 2022, up 20 percent from 2021, with imports from the United States decreasing slightly to US$32 million.
On August 18, 2021, Taiwan implemented an amended version of its Standards for Pesticide Residue Limits in Food.
Taiwan’s peach production for MY2021/22 is forecast to increase to 17,000MT.