Idaho and Taiwan

  • Building on Strong Ties

    In 2015, Idaho’s exports to Taiwan reached $528.6 million, making Taiwan Idaho’s 3rd largest export market in Asia, and 4th largest export market in the world. Aside from Trade, Idaho governor, C.L. “Butch” Otter was also honored by the Taiwan Minister of Foreign Affairs, David Lin, in April 2013 in recognition of his efforts in enhancing U.S.-Taiwan relations through the “Friend of Foreign Service Medal”, a symbol of the partnership between Taiwan and Idaho.

  • Growing a Key Market for Agriculture Products and Green Energy Cooperation 

    Agribusiness continues to be one of the leading industries in Idaho. Taiwan is a leading importer of U.S. agricultural goods and the U.S. is the largest supplier of agricultural products to Taiwan. Multi-million agricultural deals such as the agreement signed with the Idaho’s wheat producers portray a sliver of the potential benefits of a larger free trade agreement between the U.S. and Taiwan. Elimination and reduction of cross border tariffs on agricultural and industrial trade provide opportunities for increase in trade, benefiting both countries on a local and national level.

    Furthermore, stronger ties on the forefront of green energy are also strong areas of growth between Taiwan and the great state of Idaho. Governor C.L. "Butch" Otter signed a memorandum of understanding (MOU) strengthening the industrial cooperation in innovative in efforts towards green energy between Taiwan and Idaho. The signing unfolds a new chapter in the promotion of industrial cooperation by the two governments in green energy. Click here to learn more about the MOU and how it will build stronger ties between Taiwan and Idaho.

  • Bringing New Trade and Investment Home

    Beyond the agricultural business, the computer and electronics, special classification provisions, and chemicals industry as well as many other sectors important to Idaho's economy are poised to benefit from partnership with Taiwan. The Green Energy MOU is indicative of the enormous synergistic potential between the Taiwan and Idaho. The agreement enables seven Taiwan institutions to work with Idaho partners to develop geothermal electricity generator modules and tap into markets in Southeast Asia and around the world. Such capacity building between Idaho and Taiwanese enterprises boost capital investment and create jobs in Idaho and Taiwan.
  • 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 Idaho Exports to Taiwan

    PRODUCT

    VALUE (Million USD)

    %

    Computer and Electronic Products

      $439.84   

    83.2%

    Special Classification Provisions, NESOI

    $60.8

    11.5%

    Chemicals

    $10.35

    2.0%

    Food manufactures

    $5.89

    1.1%

    Others

    $11.67

    2.2%


  • Forging a Stronger Partnership for Growth

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

Idaho and Taiwan Trade Facts

  • 3rd largest export market of Idaho is Taiwan
  • $528.6 million: Idaho's exports to Taiwan in 2015
  • 11.9%: Growth in Idaho exports to Taiwan from 2014 to 2015

Trade and Investment Factsheet

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


Business Contacts

Taipei Economic Cultural Office in Seattle

  • One Union Square, 600 University St., Suite 2020
    Seattle, WA 98101
  • Tel: (206) 441-4586

State of Idaho, Asia Trade Office

  • Taipei World Trade Center 7D-15
    No.5 Hsin-Yi Road, Sec 5
    Taipei 110 Taiwan
  • Tel: +886-2-2725-2922
  • Fax: +886-2-2725-1248

Taiwan External Trade Development Council


U.S. Commercial Service