New Jersey and Taiwan

  • Building on Strong Trade Ties

    In 2015, New Jersey’s exports to Taiwan reached $491.4 million. Taiwan is New Jersey’s 6th largest export market in Asia. New Jersey companies have substantial opportunities to expand their business and cooperation with Taiwan.

  • Growing a Key Market for Innovation

    Enhancing trade ties with Taiwan will help New Jersey increase its biotech and other hi-tech exports to Taiwan and promote bilateral cooperation in innovation. Many of New Jersey's companies have branch offices in Taiwan, including Johnson & Johnson, Sealed Air, Merck, and Honeywell International.

    Taiwan has been chosen the R&D site for companies including the biotech company Celgene Corporation and other small and medium enterprises such as CSI Technology Group, Allied Signal and Telcordia. Some others are trying to expand their business into Taiwan market such as Noveda Technologies, HDR, Tomasello Winery and ORBCOMM. A trade and investment agreement between Taiwan and the United States would enhance the standing of these New Jersey companies in Taiwan, and grow their business footprint in Asia.

  • Bringing New Trade and Investment Opportunities to the Great State of New Jersey

    New Jersey has attracted the investment of more than three hundred Taiwanese companies and created more than 5,000 jobs. Most of the companies are in the IT, shipping, and chemical manufacturing sectors. Some prominent companies include Formosa Plastics, Nanya Plastics, Evergreen shipping, Yang Ming Line, Eva Air, AAEON, KS Group, Friendwell Group and Victor Taichung.

    Some interesting facts:

    • Formosa Plastics Corporation, USA employs more than 2,000 people
    • Yang Ming is the number 1 shipper for overall performance
    • KS Group is the second largest supplier of replacement auto body parts in the U.S.
  • 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 New Jersey Exports to Taiwan

    PRODUCT

    VALUE (Million USD)

    %

    Transportation Equipment 

    $186.9

    38.0%

    Chemicals

    $122.31 

    24.9%

    Computer and Electronic Products

    $57.59

    11.7%

    Misc. Manufactured Commodities

    $33.03

    6.7%

    Others

    $91.6

    18.6%


  • Forging a Stronger Partnership for Growth

    Vibrant New Jersey-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.

New Jersey and Taiwan Trade Facts

  • 6th largest export market of New Jersey in Asia is Taiwan
  • $491.4 Million : New Jersey's exports to Taiwan in 2015
  • 3.2%: Growth in New Jersey exports to Taiwan from 2014 to 2015

Trade and Investment Factsheet

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



Business Contacts

Taipei Economic Cultural Office in New York, Investment & Trade Office


Taiwan Trade Center New York


Taiwan External Trade Development Council


U.S. Commercial Service