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- (-) July 2024
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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.