Taiwan: 2023 US Agricultural Exports to Taiwan Summary

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. After the record high of $4.4 billion in 2022, Taiwan managed to retain the rank as the seventh-largest market for U.S. agricultural and related exports. Products in the Consumer Oriented category play an increasingly important role. 2023 marks the first year in which beef surpassed soybeans as the highest-value export BICO category. The top five U.S. export categories to Taiwan in 2023 included beef ($625 million), soybeans ($609 million), poultry ($356 million), wheat ($352 million), and corn ($254 million).