Browse Data and Analysis

Taiwan’s domestic wheat production, 4,000 MT in MY2022/2023, is dwarfed by imports at 1.4 MMT for the current MY. Australia is expected to further recover wheat market share from the United States due to competitive pricing and production recovery.

The Dominican Republic´s food processing industry was valued at $4.3 billion during calendar year (CY) 2022 in activities categorized as “food industry” with an additional $1.1 billion for processed beverages and other products over the same period.

In 2022, Taiwan imported record-high US$4.4 billion agricultural products from the US. Yet, due to COVID variants, the Russian invasion of Ukraine, labor shortage, and inflation issues, Taiwan's nominal Gross Domestic Product (GDP) decreased 0.17 percent at $774.7 billion.

Taiwan’s overall seafood imports reached US$2.1 billion in 2022, up 20 percent from 2021, with imports from the United States decreasing slightly to US$32 million.

The Dominican Republic-Central America Free Trade Agreement (CAFTA-DR)[1] region and Panama combine to represent the seventh-largest market for U.S consumer-oriented products, totaling $3.7 billion in 2022.

U.S. agricultural exports to the Dominican Republic reached an all-time record of $2.2 billion in 2022; a 14 percent increase from the previous record set last year. The increase in U.S. exports was driven mainly by increased demand for consumer-oriented products.

In 2022, the total value of U.S. agricultural and related products exported to Taiwan reached a record $4.4 billion, an increase of 13 percent compared to the previous year. Taiwan successfully remains the 6th largest market for U.S. agricultural & related exports.

As the United States' sixth-largest export market for food and agricultural products, Taiwan imported almost US $4 billion of food and agricultural products from the US in 2021. This year, 2022, looks to exceed that mark, potentially hitting record imports.

Taiwan rejected and or destroyed 28 shipments of U.S. agricultural products in 2022 according to the Taiwan Food and Drug Administration (TFDA). Chemical residues were cited as the reason for 18 of the 28 recorded rejections. The second largest...

Taiwan released its list of imported food and agricultural products undergoing enhanced border inspection for 2023. No U.S. products were included on the list. In 2022, U.S. apples, avocadoes, and paper plates had been subject to enhanced inspection.

The economy of the Dominican Republic, which is the third-largest market for U.S. consumer-oriented products in the Western Hemisphere and the 15th globally for agricultural and related products, has bounced back due to the opening of the tourism, hotel, and restaurant sectors. During the first 10 months of 2022, the demand for consumer-oriented products increased over 20 percent from the same period last year.

On September 29, 2021, the General Directorate of Internal Tax (DGII) of the Dominican Republic (DR) issued Regulation 07-21 implementing the Fiscal Control and Traceability System for Alcoholic Beverages and Cigars (TRAFICO) to tackle illicit trade and tax evasion in the alcoholic beverage and cigarette sectors.