Delaware and Taiwan

  • Building on Strong Trade Ties

In 2016, Delaware’s exports to Taiwan reached $97.61 million. Taiwan is Delaware’s 4th largest export market in Asia. Delaware companies have substantial opportunities to expand their business and cooperation with Taiwan.

  • Growing a Key Market for Innovation

Like Taiwan, Delaware is rapidly developing into a global R&D hub. Enhancing trade ties with Taiwan will help Delaware increase biotech, chemical, automotive and hi-tech exports to Taiwan and promote bilateral cooperation in the innovation industry.

Taiwan’s electronics, biotech and IT sectors effectively integrate R&D operations and supply chains stretching from Wilmington, through Hsinchu Science Park, and now into Mainland China. Collaboration with Taiwan will increase the efficiency and scope of this global knowledge and manufacturing chain for innovative Delaware companies.

  • Bringing New Trade and Investment Home

The machinery manufacturing industries as well as many other sectors important to the Delaware economy are poised to benefit from partnership with Taiwan. Delaware has also attracted investment from several Taiwanese companies, but there is significant potential for Taiwanese enterprises to boost investment and create jobs in Delaware and vice versa.

  • 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. 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.

  • 2016 Delaware Exports to Taiwan

PRODUCT

VALUE (Million  USD)

%

Machinery (except Electrical)

$46.81

48.0%

Chemicals

$16.15

16.5%

Miscellaneous Manufactured Commodities

$14.23

14.6%

Computer and Electronic Products

$5.98

6.1%

Others

$14.43

14.8%

  • Forging a Stronger Partnership for Growth

Vibrant Delaware-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.

Delaware and Taiwan Trade Facts

  • 4th largest export market of Delaware in Asia is Taiwan
  • $97.61 million: Delaware's exports to Taiwan in 2016
  • 10th: Taiwan's ranking in bilateral trade with the U.S. in 2016


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Trade and Investment Factsheet

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




Business Contacts

Taipei Economic Cultural Representative Office, Commercial Division

  • 4301 Connecticut Ave, NW Suite 420
    Washington, D.C. 20008
  • Tel: (202) 686-6400

Taiwan External Trade Development Council

U.S. Commercial Service