12/15 · With a relatively small domestic consumer market of around 23.8 million residents, the economy in Taiwan is highly reliant on its import-export sector. In , Taiwan exported goods and services

Supporting SMEs in trade. The United States and Taiwan aim to support and enhance U.S.-Taiwan SME trade, by collaborating to identify and overcome barriers to trade for SMEs, focusing on trade facilitation for SMEs, sharing and promoting best practices, and working together on activities to promote and support SMEs, including those owned by

Among Taiwan's trading partners that generate the greatest positive trade balances, Taiwanese surpluses with Belgium (up 197.9%), Vietnam (up 56.2%) and the United States of America (up 46.9%) grew at the fastest pace from to 2021. In addition, Taiwan went from a -$436 million deficit in to garnering a $1.5 billion surplus for 2021.

The U.S. Business Day, an annual business event between Taiwan and the US. Sandra Oudkirk, Director of the American Institute in Taiwan, visited TAITRA to focus on Taiwan-US cooperation and innovation activities. "Roadmap to resilient supply chain" book launch highlighting the pivotal role Taiwan companies can play in global supply chain.

Over the last five years, Taiwan's imports from mainland China have surged by about 87% versus 44% growth in imports from the U.S. Taiwan's exports to mainland China grew by 71% between

Congress explores formalizing a trade agreement with Taiwan, a move they say would strengthen our economic partnership. At a House Ways and Means Committee hearing on the future of U.S. and Taiwan trade, Rep. Richard Neal, D-Mass., spoke about the importance of establishing a formal trade deal with Taiwan. Witnesses testified at the hearing

Listen to article. (2 minutes) WASHINGTON—The U.S. announced Wednesday that it and Taiwan will start negotiations for a bilateral trade and investment initiative this fall to deepen ties on a

US deputy trade representative Sarah Bianchi said a first round of talks with Taiwan would start in early autumn to "develop an ambitious road map for negotiations under the US-Taiwan Initiative

Taiwan is one of the state's top buyers, with trade dating back to the 1970s. Officials said that Monday's agreement solidifies that commitment. "They have been a very, very loyal customer, Taiwan has, for a long time," Little said at the signing in the governor's ceremonial office at the Statehouse, noting Taiwan is the second

Malaysia - Taiwan Trade Window. The demand for food and household cleaning products have increased tremendously in Taiwan due to the COVID-19 pandemic, 

The United States and Taiwan have agreed on terms for negotiating a series of bilateral trade agreements over the strong objections of