Browse Data and Analysis

The 2022 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2022 calendar year.

U.S. consumers are health-conscious budgeteers who are attracted to convenience, innovations, brand collaborations, and customization in their food and beverages.

Taiwan’s soybean imports are forecast at 2.65 MMT for MY2022/2023 and MY2023/2024. In MY 2021/2022, Taiwan imports of soybeans reached a record high of $1.74 billion. To stabilize commodity prices and reduce inflationary pressure for consumers, since February 2022 Taiwan has waived business taxes on imported soybeans, currently set to expire on June 30, 2023.

Taiwan’s domestic wheat production, 4,000 MT in MY2022/2023, is dwarfed by imports at 1.4 MMT for the current MY. Australia is expected to further recover wheat market share from the United States due to competitive pricing and production recovery.

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.

In 2022, the total value of U.S. agricultural and related products exported to Taiwan reached a record $4.4 billion, an increase of 13 percent compared to the previous year. Taiwan successfully remains the 6th largest market for U.S. agricultural & related exports.

As the United States' sixth-largest export market for food and agricultural products, Taiwan imported almost US $4 billion of food and agricultural products from the US in 2021. This year, 2022, looks to exceed that mark, potentially hitting record imports.

Taiwan rejected and or destroyed 28 shipments of U.S. agricultural products in 2022 according to the Taiwan Food and Drug Administration (TFDA). Chemical residues were cited as the reason for 18 of the 28 recorded rejections. The second largest...

Taiwan released its list of imported food and agricultural products undergoing enhanced border inspection for 2023. No U.S. products were included on the list. In 2022, U.S. apples, avocadoes, and paper plates had been subject to enhanced inspection.

U.S. beef exports to East Asia in 2022 are again on record pace after a record year in 2021. Despite economic uncertainties due to the COVID-19 pandemic, continued global supply chain challenges, and a competitive global beef market, U.S. beef exports to East Asia, both in value and volume, were outstanding in the first half of 2022.

Since the previous report, Taiwan has granted new approvals for imports of genetically engineered (GE) products for processing, food, and feed use. Taiwan has never permitted domestic production of GE crops or animals. In 2021, Taiwan imported close to $1.2 billion of U.S. GE crops including soybeans, corn, and cotton, accounting for 30 percent of total U.S. agricultural exports to the island.