Browse Data and Analysis

On August 1, 2023, Taiwan’s Council of Agriculture (COA) was transformed into the Ministry of Agriculture (MOA). MOA’s total workforce plans to increase from about 4,770 to 5,300 staff, and the administrative budget is expected to rise by TWD 8.3 billion (USD $260 million) to a total annual budget of TWD 158.9 billion (USD $5 billion).

Taiwan's HRI industry has fully bounced back with 2022 revenue surpassing pre-pandemic records. The market has a westernized palate with a high per capita GDP of US$33,004, showing that consumers are not only willing but also more than capable of trying foreign cuisines.

In 2022, Taiwan imported US$ 279.1 million of coffee, an increase of 35.2 percent. It has one of the highest densities of coffee shops in the world.

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.