Browse Data and Analysis

Taiwan issued a new WTO notification (G/TBT/N/TPKM/541) on June 7, 2024, amending the labeling regulations for liquid milk, which will mainly impact the nomenclature of liquid milk from the United States. Currently, liquid milk from the United States can be labeled as "fresh milk" if it complies with CNS regulation.

Taiwan is highly dependent on agricultural imports due to its insufficient farmland. In 2023, it imported $3.66 billion of food and agricultural products, making it US' eighth largest trading partner in agricultural goods. This extraordinary amount is achieved also because Taiwan has one of the highest disposable incomes in north Asia, and consumers generally have positive impressions of U.S. food and beverage products.

ATO Taipei, in partnership with thirteen Taiwan craft beer breweries and four U.S. craft beer importers, delivered a successful consumer-facing craft beer festival that promoted U.S. ingredients through 84 craft beers.

The 2023 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2023 calendar year.

Taiwan's overall seafood imports declined to US$1.9 billion in 2023, down 11 percent from 2022. Seafood exports from the United States, however, grew by 40 percent, and amounted to nearly US$45 million. Among the top ten foreign suppliers, the United States is the only one that expanded exports.