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In 2024, Taiwan was the eighth-largest market for U.S. agricultural exports, valued at $3.8 billion, 16 percent greater than 5 years ago. The top five U.S. agricultural exports to Taiwan are beef and beef products, soybeans, corn, wheat, and fresh fruits.

The 2024 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2024 calendar year.

This report is an update of TW2023-0048 Taiwan Wood Pellets Market Brief - New Environmental and Energy Priorities Realize Opportunity for $300 Million in U.S. Wood Pellets, published in 2023.

Taiwan’s retail food sector is becoming increasingly competitive and chain operators, such as Costco, 7- Eleven, PX Mart, Carrefour and Wellcome, continue to dominate Taiwan’s food retail market.

Taiwan awarded 18,834 tons of U.S. rice towards in normal tenders during the week of November 20, 2017.

Taiwan is the seventh largest market for U.S. food and agricultural products.

Taiwan imported over a billion dollars of U.S. genetically engineered (GE) crops in 2016, accounting for approximately a third of total U.S. agricultural exports to the island.