Washington and Taiwan

  • Building on Strong Trade Ties

    In 2015, Washington’s exports to Taiwan reached $2.756 Billion. Taiwan is Washington’s 4th largest export market in Asia, and 8th largest export market in the world. Washington companies have substantial opportunities to expand their business and cooperation with Taiwan.

  • Growing a Key Market for Information and Communications Technology (ICT) Exports

    Taiwan has a number of well-established leaders in the ICT industries. Both Taiwan and the state of Washington have much potential in increasing exports through promoting bilateral trade cooperation and fostering cross-border innovation. Sector leading companies such as Taiwan Semiconductor Manufacturing Company (TSMC), the world’s first dedicated semiconductor foundry, holds a subsidiary in Camas, Washington and employs more than a thousand engineers and various professionals. Leading tablet and smart phone manufacturer High Tech Computer Corp., better known as HTC founded its North America subsidiary in Bellevue, Washington in 2005, and also runs a software design office in Seattle. Strengthening these close ties provide a solid base for further growth in trade and investment between Washington and Taiwan.

  • Bringing New Trade and Investment Home


    Washington has already attracted capital investments from many Taiwanese companies including as the aforementioned HTC, and the semiconductor giant TSMC. According to Taiwan's Investment Commission of the Ministry of Economic Affair (MOEAIC), the total investment from Taiwan to Washington (as of July 2012) was $19 million USD, mainly in the manufacturing of electronic integrated circuits, photonic components and other electronic components.

    Taiwanese companies have created thousands of jobs in Washington, and there is still significant room for Taiwanese enterprises to boost investment and create more economic opportunities in Washington.
  • Spotlight on Taiwan's Footprint in Washington

    • HTC: High Tech Computer Corp. (HTC) was founded in 1997, and built its reputation as the behind-the-scenes designer and manufacturer of many popular OEM-branded mobile devices on the market. The HTC American, Inc., HTC’s North America subsidiary was founded in Bellevue, Washington in 2005, and today HTC also runs a software design office in Seattle. In 2006, HTC has introduced its own branded electronic devices and is now is one of the largest smartphone vendors in the U.S.

    • TSMC:Taiwan Semiconductor Manufacturing Company (TSMC), founded in 1987, is the world’s first dedicated semiconductor foundry. In 1996, the company established one of its main subsidiaries, WaferTech, in Camas, Washington, 20 miles outside of Portland, Oregon. Starting production in 1998, WaferTech now employs more than a thousand workers in its 8 inch semiconductor fabrication plant.
  • Opening Up A Region of Opportunity

    Taiwan serves as an ideal partner for U.S. business in Asia with its full-service 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. These rankings are 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 additional 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 Washington Exports to Taiwan

    PRODUCT

    VALUE (Million USD)

    %

    Transportation Equipment

    $1,567.66

    57.0%

    Agricultural Products

    $576.85

    20.9%

    Computer and Electronic Products

    $157.06

    5.7%

    Machinery, Except Electrical 

    $99.68

    3.6%

    Others

    $352.92

    12.8%


  • Forging a Stronger Partnership for Growth

    Vibrant Washington-Taiwan relations hold numerous cross-border opportunities that benefit Washington based companies and its inhabitants. We look forward to working together with you to forge a mutual partnership in prosperity.

    Washington and Taiwan Trade Facts

    • 4th largest export market of Washington in Asia is Taiwan
    • $2.756 Billion: Washington's exports to Taiwan in 2015
    • 10.4%: Growth in Washington exports to Taiwan from 2014 to 2015

    Trade and Investment Factsheet

    Click here for your copy of the Taiwan-Washington 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

    Taiwan External Trade Development Council


    U.S. Commercial Service