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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 soybean imports are projected to fall to 2.45 million metric tons in marketing year 2019/2020 due to slowing demand in both food and feed use driven by the ongoing novel coronavirus pandemic.

Taiwan’s demand for grain and feed is forecast to slow over the coming year as the economic impacts of the novel coronavirus outbreak bite.

Taiwan authorities are confident that food and agricultural commodity stocks and supply will last for up to 6-months in the event of further deterioration in international agricultural trade...

Taiwan’s demand for grain and feeds is forecasted to slow over the coming year as the economic impacts of the novel coronavirus outbreak bite.