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In 2023, for the second consecutive year, the United States remained the number one export market for Taiwan’s agricultural and related products, taking 17 percent (valued at $935 million) of Taiwan’s exports.
In 2023, the total value of U.S. agricultural and related products exported to Taiwan was $3.7 billion, a decrease of 15 percent compared to the previous year.
Taiwan’s food processing industry produced an estimated $17.42 billion of processed food and beverages in 2019.
Taiwan was one of the first economies to experience Novel Coronavirus 2019 (COVID-19).