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Starting in 2025, Taiwan will eliminate tariffs on liquid milk imports from New Zealand. Taiwan dairy farmers are worried about the future, as the primary dairy product in Taiwan is fresh milk, with only a small portion used for other dairy beverages or products.

Taiwan issued a new WTO notification (G/TBT/N/TPKM/541) on June 7, 2024, amending the labeling regulations for liquid milk, which will mainly impact the nomenclature of liquid milk from the United States. Currently, liquid milk from the United States can be labeled as "fresh milk" if it complies with CNS regulation.

Taiwan is highly dependent on agricultural imports due to its insufficient farmland. In 2023, it imported $3.66 billion of food and agricultural products, making it US' eighth largest trading partner in agricultural goods. This extraordinary amount is achieved also because Taiwan has one of the highest disposable incomes in north Asia, and consumers generally have positive impressions of U.S. food and beverage products.

Since Taiwan’s economy started taking off in the 1980s, larger disposable incomes have led Taiwan consumers to gradually demand diversification and broader options for their daily diets.

ATO Taipei, in partnership with thirteen Taiwan craft beer breweries and four U.S. craft beer importers, delivered a successful consumer-facing craft beer festival that promoted U.S. ingredients through 84 craft beers.

Taiwan's overall seafood imports declined to US$1.9 billion in 2023, down 11 percent from 2022. Seafood exports from the United States, however, grew by 40 percent, and amounted to nearly US$45 million. Among the top ten foreign suppliers, the United States is the only one that expanded exports.

The U.S. Hoppy Duo IPA trade outreach event, featuring lead brewmasters from Sierra Nevada and Fremont breweries, achieved remarkable success in strengthening relations between the U.S. and Taiwan’s craft beer industries.

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 published its annual list of food and agriculture imports receiving enhanced border inspection in 2024. U.S. fresh cherries are the only U.S.-origin item on the list. This announcement is effective from January 1, 2024 to December 31, 2024.

On December 25, 2023, Taiwan announced that U.S. cherries exported to Taiwan will undergo enhanced border inspection (20 – 50 percent inspection rate) from April 1 until September 30, 2024.

In 2022, Taiwan was the seventh largest export market for U.S. food and agricultural products, valued at over $4.4 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.