Browse Data and Analysis

On April 10, Taiwan completed a Simultaneous-Buy and Sell (SBS) tender for 18,500 tons of U.S. origin rice.

Taiwan is the United States sixth largest export market for soybeans. Soybean consumption and imports are forecast to remain stable in MY2017/18 and MY2018/19 at 2.525 million tons.

Rice production continues to be strong despite falling demand, as many farmers prefer the guaranteed income that comes from the government rice procurement program.

Taiwan’s beer market increased to 517 million liters (137 million gallons) in 2013.

Even though Taiwan’s food processing and ingredients industries are extremely competitive, there are still great opportunities for U.S. exporters.

With November trade reports, 2014 is confirmed as another record year for U.S. beef exports to Taiwan, valued at over USD $269 million.

Eighty-eight percent, 28,884 MT, of Taiwan’s 2014 U.S. rice Country Specific Quota (CSQ) under normal tender is yet to be complete.

Taiwan’s retail food sector is becoming increasingly competitive, and foreign operators (Costco, 7-11, Carrefour and Wellcome) continue to dominate Taiwan’s food retail market.

Taiwan authorities recently lifted a ban on U.S. long grain rice, in place since 2006.