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For the marketing year (MY) 2024/25, Post lowers rice harvested area and production to 11.4 million hectares and 36.6 million metric tons (MT), respectively, due to an estimated loss of around 300,000 hectares of aman season rice from two consecutive floods in August and October 2024.
In 2023, Taiwan was the seventh largest export market for U.S. agricultural and related products, valued at over $3.7 billion. Imported food and agricultural products must comply with a range of laws designed to protect human health and prevent the introduction of animal and plant pests or diseases.
In 2023, Taiwan's Hotel, Restaurant, and Institutional (HRI) industry reached a record sales figure of one trillion Taiwanese dollars, equivalent to around 30.9 billion U.S. dollars.