Georgia and Taiwan

  • Building on Strong Trade Ties

    In 2015, Georgia’s exports to Taiwan reached $519.8 million, making Taiwan Georgia’s 6th largest export market in Asia, and 17th largest export market in the world. Georgia companies have substantial opportunities to expand their businesses and economic cooperation with Taiwan.

  • Growing a Market for Innovation

    Georgia continues its rapid development into a global logistics, transportation hub. Enhancing trade ties with Taiwan can help Georgia increase its transportation volumes and expedite hi-tech exports to Taiwan whilst promoting bilateral trade cooperation in a continuously innovating industry. In 2011, a total of 14,662 companies exported from Georgia with nearly 90% of them being small and medium-sized enterprises. These companies stand to benefit from closer bilateral trade relations with Taiwan and its major exporting partners from economically beneficial trade policies. On February 25, 2013, the Georgia General Assembly passed a resolution supporting a free trade agreement (FTA) between Taiwan and the United States. These supports are important building blocks towards a closer trade partnership. The FTAs between Georgia exporters and businesses would eliminate tariffs on most goods and industrial products, and increase Taiwanese demand for U.S. products and thereby fueling the local economy.

  • Investing in Jobs in the Great State of Georgia

    Taiwanese companies have invested in Georgia as it develops into a global logistics and transportation hub. Georgia has attracted capital investments from several Taiwanese companies, including auto parts corporations such as Maxxis and Mazone (Depo) Auto Parts, and the Taiwan’s food industry giant, Wei Chuan USA. There continues to be additional room for Taiwanese enterprises to boost the size of its capital investments and create jobs in Georgia and vice versa. Top Taiwanese companies investing in Georgia include:

    • Maxxis – Tires
    • Duro Tire and Wheel – Tires
    • Mazone (Depo) Auto Parts – Auto Parts
    • Wei Chuan USA – Food
    • Testrite Group – Sourcing Tools and Hardward
    • Fu Hsing Americas, Inc. – Door handles and locks
    There are also many Georgia companies that have operations in Taiwan. According to Georgia Department of Economic Development 2012, some Georgia businesses in Taiwan include:
    • American Megatrends, Inc. – PC hardware and software
    • CIBA Vision Corp. – Contact lense and lense care product developer and manufacturer
    • Crawford & Co. – Independent claims management
    • Global Payments, Inc. – Electronic transaction services
    • Hooters of America, Inc. – Restaurant chain
    • Inovis, Inc. – B2B integrated service provider
    • PRGX International, Inc. – global business analytics and information services and recovery audit services
    • Recall Corp.- Document management and data protection services
    • United Parcel Service, Inc. – Global package delivery service provider
    • UPS Supply Chain Solutions
    • Invesco Ltd. – Investment company
  • Opening Up A Region of Opportunity

    Taiwan serves as an ideal partner for U.S. business in Asia. Taiwan has complete industrial supply chains, high concentration of industrial clusters, and a consolidated manufacturer base. The World Economic Forum ranked Taiwan's industrial cluster infrastructure first in the world in its "World Competitiveness Report 2014" for the ninth consecutive year. This is reflected in Taiwan's comprehensive protection of intellectual property rights, sound legal system, and modern infrastructure.


    Furthermore, the Economic Cooperation Framework Agreement (ECFA) signed between Taiwan and Mainland China in 2010 has opened up opportunities in Mainland China. Businesses can now collaborate with innovative Taiwanese companies and leverage ECFA to utilize Taiwan as a gateway to Mainland China and other fast-growing Asian markets.

  • 2015 Georgia Exports to Taiwan

    PRODUCT

    VALUE (Million USD)

    %

    Chemicals

    $168.72

    32.5%

    Food Manufactures

    $85.23

    16.4%

    Machinery, except Electrical

    $55.07

    10.6%

    Computer and Electronic Products

    $41.16

    7.9%

    Others

    $169.66

    32.6%


  • Forging a Stronger Partnership for Growth

    Vibrant Georgia-Taiwan relations hold great promise for both our companies and workers. We look forward to working together with you to forge a mutual partnership in prosperity.

    Georgia and Taiwan Trade Facts

    • 6th largest export market in Asia of Georgia is Taiwan
    • $519.8 million: Georgia 's exports to Taiwan in 2015
    • 9th: Taiwan's ranking in bilateral trade with the U.S. in 2015

    Trade and Investment Factsheet

    Click here for your copy of the Taiwan-Georgia trade and investment factsheet.


    Business Contacts

    Taipei Economic Cultural Office in Atlanta, Commercial Division

    • 1180 West Peachtree Street Suite 810
      Atlanta Center Plaza
      Atlanta, GA 30309
    • Tel: (404) 892-5095
    • Fax: (404) 892-6555

    Taiwan External Trade Development Council


    U.S. Commercial Service