New Mexico and Taiwan

  • Building on Strong Trade Ties

    In 2013, New Mexico’s exports to Taiwan reached $6.87 million, making Taiwan New Mexico’s 8th largest export market in Asia, and 26th largest export market in the world. New Mexico companies have substantial opportunities to expand their business and cooperation with Taiwan.

  • Growing a Market for Hi-Tech Innovation

    Enhancing trade ties with Taiwan will help New Mexico increase its exports to Taiwan and promote bilateral cooperation in innovation. Taiwan’s hi-tech sectors can effectively integrate R&D operations and supply chains stretching from New Mexico, via Taiwan, into Mainland China and Southeast Asia. New Mexico machinery and electronic industry would enjoy immediate benefits from the signing of a free trade agreement between U.S. and Taiwan, which would eliminate tariffs on most industrial products and increase Taiwanese demand for U.S. goods and services.

  • Bringing New Trade and Investment Home

    The machinery and computer and electronic product industries as well as many other sectors important to the New Mexico economy are poised to benefit from partnership with Taiwan. New Mexico has also attracted investment from several Taiwanese companies, but there is still significant potential for Taiwanese enterprises to boost investment and create jobs in New Mexico and create jobs in the state.

  • 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 Swiss-based International Institute for Management Development's (IMD) 2012 World Competitiveness Yearbook ranked Taiwan seventh in the world in terms of overall competitiveness and fifth in government efficiency. 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.

  •  2013 New Mexico Exports to Taiwan

    PRODUCT

    VALUE (USD)

    %

    Food Manufactures

    1,748,603

    25.4%

    Computer and Electronic Products

    1,479,516

    21.5%

    Food Manufactures

    1,266,722

    18.4%

    Transportation Equipment

    1,072,070

    15.6%

    Others

    1,310,762

    19.1%

  • Forging a Stronger Partnership for Growth

    Vibrant New Mexico-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 Mexico and Taiwan Trade Facts

  • 8th largest export market of New Mexico in Asia is Taiwan
  • $6.87 million: New Mexico's exports to Taiwan in 2013
  • 12th: Taiwan's ranking in bilateral trade with the U.S. in 2013

Trade and Investment Factsheet

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

Business Contacts

Taipei Economic Cultural Office in LA, Commercial Division

  • 3660 Wilshire Blvd.
    Suite 918
    Los Angeles, CA 90010
  • Tel: (213) 380-3644
  • (213) 380-3644

Taiwan Trade Center


Taiwan External Trade Development Council


U.S. Commercial Service