Publication Launch: Taiwan Trade and Investment Supports over 300k American Jobs

October 3, 2017

For its second year, the Ministry of Economic Affairs and the Taipei Economic and Culture Representative Office published the booklet "Taiwan Trade and Investment: Creating and Supporting American Jobs" to showcase, state-by-state, the impressive economic impact of U.S.-Taiwan bilateral trade and investment. 

Taiwan was the 10th largest U.S. trading partner in 2016 with two-way trade in goods exceeding $65 billion. Further, Taiwan was the export destination for over $11 billion in U.S. services exports in 2016, yielding a surplus for the U.S. of over $4.1 billion. Taiwan is the 14th largest export market for the United States, and for agriculture, its 7th largest export destination. As a result, Taiwan is an important and growing source of job creation for the United States. U.S. Government data show that U.S. goods and services exports to Taiwan, combined with investment by Taiwan-affiliated companies throughout the United States, support 322,728 well-paid U.S. jobs.

This publication details how Taiwan is contributing to U.S. economic growth and prosperity. It tells the story about Taiwan’s confidence in expanding trade and investment ties with the United States, and how Taiwan’s companies add to U.S. prosperity, create jobs and contribute to America’s future success.

To read more on the state-by-state information, Click here to download the publication.