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Taiwan’s soybean imports are forecast at 2.65 MMT for MY2023/2024 and MY2024/2025, a slight recovery from the previous MY. Weakness in feed demand due to animal diseases was one of the causes for lower soybean imports and reduced crush for MY 2022/2023.

In 2023, Taiwan imported US$3.7 billion agricultural products from the US, which accounted for 24.47 percent of the island’s total import value. Its food processing industry produced $30 billion of processed food and beverages, among which the strongest subsectors are animal feed, meat processing, baked goods, and non-alcoholic beverages.

In MY2024/2025, Taiwan’s wheat imports are forecast at 1.4 MMT. The United States is expected to recover market share from Australia due to better competitiveness and availability. MY2023/2024 and MY2024/2025 corn imports are forecast to recover to 4.55 MMT due to improved feed demand outlook, with restocking in both the hog and poultry sectors.

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.

This report lists major export certificates required by the Taiwan government to export food and agricultural products to Taiwan.

On December 22, 2023, Taiwan completed the last tender for 6,000 MT of U.S. long grain brown rice. This purchase concludes the tenders for the 2023 country specific quota (CSQ) for U.S. rice.

Effective January 1, 2024, Taiwan reduced the number of U.S. seafood products eligible for export to Taiwan. The change reduces the number of eligible seafood HS codes from 65 to 55.

As the US’ sixth-largest export market for food and agricultural products, Taiwan imported a record-high US $4.4 billion of food and agricultural products from the US in 2022. These high-in-demand products include beef, poultry, dairy, fruits, tree nuts, and vegetables.